This illustration is from the series “Les lorettes.” According to Émile Littré in his Dictionnaire de la langue française, lorette was the
name given to some women of pleasure who hold the middle ground between the grisettes and the kept women, not having a trade in hand, like the grisettes, but not depending on a man, like the kept women.
A woman having a bath speaks with her friend who is sitting on the edge of the tub.
The caption reads:
“And aren’t our feelings quite something?… You know, we have to admit this is such a joke, Minette, when we look at it closely!…”
“… A no-go zone, isn’t it?”