I saw this at my favourite, local antique shop- Under the Toadstool.  I only came across the elephant recently, in a book, and at Replacements.com,

when I was checking out my poodle purchase.   It’s a powder jar.  Hard to believe that this item is 60-70 years old.  My sister-in-law loves elephants so I think this will be hers eventually.  I’d never seen one before.  Kind of fun!