Green’s Dictionary of Slang

lakin n.1

In exclamations

by our lakin! (also by laken! byr’lakin!) [lit. by our little lady]

a mild oath, euph. for by our lady!

[UK]Dives and Paup. (W. de W.) II. xii. 121/2: Some [swere] by laken, some by our lady [OED].
[UK]Shakespeare Midsummer Night’s Dream III i: By’rlakin, a parlous fear.
[UK]Shakespeare Tempest III iii: By’r lakin, I can go no further, sir.
[UK]R. Nares Gloss. (1888) I 125: by’r lakin. A familiar diminutive of by our lady, i.e., by our ladykin.
[UK]Punch CXXV 9: Why, by our lakin! so they are indeed! Shall we have room to put both armies up?