Siegfried the Fearless in the Political "Dismal Swamp"

Grover Cleveland is depicted as the hero of Richard Wagner's opera "Siegfried." He is dressed in fur and fights a dragon-like monster, labeled "War Tariff," with a sword labeled "Sound Policy." The swamp is filled with politicians and pundits depicted as animals, birds, and other creatures. A shirt with the inscription "Bloody Shirt" waves next to a bat with the face of John Sherman.