Does "'tis" means "this is" or "it is"?

"'Tis" is a contraction of "it is", from all of the dictionaries I've searched. The little apostrophe just before 't' shows that there's a missing letter(the way can't shows that there the missing letters 'no').

Thus, "'tis" in your example would it :

It is the voice of the lobster.

Other examples are :

'Tis the season to be jolly.
'My country, 'tis of thee.

A similar expression is 'tiwll


'tis is still used in English, even if it is chiefly poetic, or literary. It is the contraction of it is.