Mysterious Clockwork Clown Monkey

This key wind monkey is very curious to me. He is stuffed with straw or excelsior which I wouldn't have expected in a clockwork toy. I can't find any makers marks. His hands, face , hat , ears and feet are felt. His eyes appear to be plastic. The key wind was missing but a friend made a substitute. He does "start up' but seems at a loss for what to do. What I would like to know is does anyone know who made it or when? And also what the heck was he supposed to do when wound up? He is unable to sit at all (doesn't bend) and unable to stand without support. He is about 8 inches tall.
His arm that holds the stick is rigid but the other arm is flexible at the shoulder. Any insight much appreciated!