I would read :
Ohne Ursach zieh mich nicht heraus
Wenn aber geht die Not an Mann
So brauch mich wer mich brauchen kann
Very free translation :
Don't pull me out without cause
But when is distress to man
so can use me whoever needs me.
The hole weapon looks like a german hunting weapon of the 18th.century .A very massive "Praxe" ,used for gutting animals or cutting branches.Unusual is the yagatan shaped grip and the rather simple guard.Also the letters and the shape of the blade are unusal for the 18th.century.But there are many variations especially in the end of the 18th.and the beginning of the 19th.century.Often you find flashbacks to former times.
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