This illustration originally appeared in "The Art of Mickey Mouse" by Craig Yoe and Janet Morra-Yoe. A book review can be found here. And now you know what Arthur Rackham might have done with Mickey Mouse.
Also, a shout out for Craig Yoe. You should pick up his recent book "Secret Identiy " The Fetish Art of Superman's Co-creator Joe Shuster" it's full of really amazing fetish pulp era drawings.