The story behind the picture is provided at the Oxford African American Studies Center website. The two men in the photograph were part of Wisconsin’s 22nd Infantry Regiment, which was “composed of numerous sympathizers to the abolitionist cause.” They escorted the young woman in the picture from Nicholasville, Kentucky, to the home of Levi Coffin, an Underground Railroad operator in Cincinnati, Ohio, disguising her as a “mulatto soldier boy.” The picture was taken in Cincinnati. The young woman, whose name is not identified, was eventually sent to Racine, Wisconsin.
Hat tip to Deborah Willis and Barbara Krauthhamer for highlighting this interesting image in their book Envisioning Emancipation: Black Americans and the End of Slavery.