Cheerio! A Book of Punches and Cocktails by Charles (1928, p.36) — Cheerio 1928

0.5 glassRhine wine base
0.5 glassSeltzer water — Fill up with seltzer water.dilution
ice other
  1. Fill a glass half full of Rhine wine.
  2. Add ice, fill up with seltzer water, and serve very cold.

Ice: Ice

See also: Rhine Wine and Seltzer, Soda Nectar

Source explicitly calls it an excellent thirst quencher.