Is it a Pen Stand?

I bought this set at auction. I have identified all but the item with the blue base - It is supposed to be a "Pen Stand" and is hallmarked Chester - Sampson Mordan and Co. - 1804 - I just have never seen anything like it before - Any Ideas?

The other items are

1. Solid Sterling Tray and two Inkwell Lids are Hallmarked London, Elkington & Co. 1913 - Tray weighs 795g and is 11" X 8"

2. Ellis Bros. Silver Plated Tray and Ornate Crystal Inkwell

Am I close - Thanks All!

 

never seen one before....but it makes sense....

 

You mean 1904, right?

 

This is how it should look, a pen wipe and rest, in the form of a miniature walking stick stand. I think it held one pen laying across the top horizontally as a pen rest, not 3 vertically, just my opinion.
http://www.collectorsweekly.com/stories/122488-sampson-mordan-silver-novelty-pen-wipe?in=282


https://www.google.com/search?biw=1908&bih=898&tbm=isch&sa=1&q=Mordan++pen+wipe+stand&oq=Mordan++pen+wipe+stand

 

Thank you all for your help!