(Like the boys' Brownie costume, here's one for men that looks more fierce than amusing! It would be easy to find a similar modern costume through a rental shop or theater.)
Costume of red and yellow satin or sateen, half of each color and alternated as depicted in the illustration; each point tipped with a tiny bell.
(Click to enlarge the illustration.)
Source:
Masquerades, Tableaux and Drills. New York: The Butterick Publishing Company, 1906.