Wikipedia says:I read it when I could get it.
I think this is the original image, well before Mad magazine and before he was given the name that became familiar. There was a candy shop run by retirees, and they had this image on the wall. I knew the image was old at that time. I remember being pretty young and just staring at it, though I was old enough to read too. Still, the candies were my main interest.
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Today it would probably be labeled hate speech.I loved MAD and my parents/sister would buy me subscriptions for birthdays, etc. Remember vividly the President Kennedy years, some fabulous satire!
Like you, I remember that ad too. It was one of my favorite gag ads out of bunches of them, usually one each month.