toy phone

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Hi, I bought a toy phone at a garage sale and can't find any info on it. It is made of wood, it has a red base and a white receiver. it is a slim line design. It has a little man that pops up in the center when you pick up the receiver. He is also made of wood and is painted white with a drawn on face. The man I bought it from said it was from the fifties.. but I am not sure. The little figure in middle looks like a fisher price figure but an older style. Any ideas about it's origin?