Top right: Forward Pictorial
The rule of the Anguo Army is just like a collection of warlords.
Save . . . from the desperate situation

Bottom right: Down with the foreign bandits (imperialism)
Economy is the fundamental building block of the society, just like the building houses. If the corner is stable, the house will be stable. If the corners are short [of bricks], the houses will not last long. In recent years, a group of imperialists, who, having colluded with warlords, had invaded our country in many forms of bandit-like manners, the most vicious of which economic invasion that [aims to] devastate our nation and exterminate us. Our nationals should beware of the economic invasion!

On the house: China
On the foundation of the house (every brick has repeated): economy
On the first person from the right: imperialism
On the box in between the two people: economy
On the second person from the right: imperialism
On the third person from the right: warlord

Top left: Submitted by Yao Dong Shi Zhiping, a 19th Mission Special Service Company soldier

In the middle: Forward Pictorial, Issue No. 9, Published by the Political Work Department of the Third National Revolutionary Army. Submissions welcomed. Editing Office: Department of Industries, Old Provincial Governor’s Office, Nanchang

Top left: British imperialists shipped two million pounds of bullets from Tianjin to help Zhi Lu [Zhili and Shandong] army. The big dog helped the small dog, then supplied bullets to cause troubles, be careful! The hound of the imperialists, the lackey of the warlords.
A dog waving a sword: Commander of the Anguo Army
A dog dragging a cart: 2 million pounds of bullets, made in British munition factories.

Bottom right: Save . . . from the desperate situation

Bottom left: (a man dragging a horse from the back) British Labor Party opposes the British imperialists’ shipment of soldiers to China
Sign reads: Enter China from here
On the road: Near