For Olive whom I'm sure will love to read and will make an excellent conversationalist.
The sweater is a favorite vintage pattern of mine (Vogue Knitting, 1936). It may be worn with the ribbon tie in the front or back. The hat is adapted from an adult hat pattern 'The Republic', available free here.
I modified the pattern in the following ways to make a newborn size:
Tension: 8 stitches = 1 inch
Using size 3 needles & fingering weight wool cast on 91 stitches. Work back & forth in garter stitch until desired width (to accommodate my buckle). Cast off 11 stitches for tab, join & work in the round in st st. Knit until hat measures 3.25 inches from cast on.
row 1: K8 K2 tog across row (72st)
row 2: Knit
row 3: K7 K2 tog across row (64st)
row 4: Knit
row 5: K6 K2 tog across row (56 st)
row 6: Knit
row 7: K5 K2 tog across row
row 8: K4 K2 tog across row
row 9: K3 K2 tog across row
row 10: K2 K2 tog across row
row 11: K1 K2 tog across row
row 12: K2 tog across row Break yarn leaving a tail approx 16”. Gather stitches, finish off.