Ornate Footed Vintage Antique Silver Plate Water Pitcher MARKED R/S ON BOTTOM. 

THE FOLLOWING IS THE BEST I COULD FIND ON THE MARKINGS VIA THE INTERNET

 What does the letter R mean on silver?

The letter "R" is a date indicator.
 
What does the letter S mean on silver?

Sterling. Sterling must be at least 92.5 percent silver.

AND OF COURSE IT NEEDS TO BE POLISHED UP , NICE HEAVY PIECE