Can You Make Any Sense Of This Puzzle(?)

A friend claims to have found this image, printed on coarse fabric, in an old picture frame he wanted. From where I sit, it seems to be an old rebus puzzle, popular for a while in the 60’s(?), but I can’t make heads or tails of it.

It looks like the heiroglyphic alphabet.

That is a pronunciation guide to Egyptian hieroglyphs.