Figure representing America, a yoke about her neck lettered, "Taxed without Representation." She kneels beside bales of goods marked with a broad arrow; she holds a large bag of "Dollars" and says, "Commerce will outweigh it."

Three tax men behind America reluctantly remove dollars from another bag, one of them saying, "Dam' me Jack better pillage the French," and the other replying, "We must obey orders."

Broom attached to the mast of the ship indicates that the ship is for sale.

William Pitt (the Elder, 1st Earl of Chatham; at the time a Member of Parliament) gestures towards the scale holding "Debts" and says, "Conquests will ballance it." He is leaning on a crutch, a reference to his gout.

Prime Minister George Grenville holds a balance, in the lower scale of which is "140 Millions Debts" and in the upper "Savings," consisting of a wig and a broken sword. From Grenville's coat protrudes a paper lettered "Grant of Reversion 5000 a Year private OEconomy" (suggesting that he is receiving money for promising future posts). Grenville asks William Pitt to his left, "Tell me where?", a reference to the parliamentary debate where he had called for new taxes in the face of Pitt's opposition. Grenville has let fall from his hat recent British conquests (a reference to the Treaty of Paris): "Martinico", "Guardaloupe", "Havanna", "Newfoundland Fishery" and "Philipines."

A fool wearing a hat labled 'Oeconomy' kneels below the upper scale collecting candle-ends, ends of string, old boots, etc., with which he hopes to outweigh the debts in the other scale, saying "'Twill do in time." A cat crouches between his legs

An ape, with the collar of "The Right Honble. G[eorge] G[renville]" stamps on Britannia's broken spear, lettered "Officers dismissd" (referring to Isaac Barré and Henry Seymour Conway, both dismissed from their military posts after voting in parliament against Grenville in connection with the Wilkes affair) and pulls away blocks of stone from beneath Britannia's seat.

The disconsolate Britannia, representing Great Britain, sits in front of a prison.

A candle-end stuck on a board lettered, "Magnum Vectigal" and supported by nails in place of a candle-stick emits smoke that rises up to where the disconsolate Britannia sits.

A chain lettered "Gen. Warrants" (referring to the Wilkes affair) hangs above a prisoner looks through the bars behind Britannia.

On a quayside, these figures take pleasure in Britain's plight. The one on the left says, "The Cheat is his the Profit mine Ma Foy!" The one on the right says, "Foolish Cunning it cannot hold."

The Great Financier, or British OEconomy for the Year 1763, 1764, 1765

1 Our Budget is empty, & upward it flies, But our Debt is too unweildy & sullen to rise; Such Wonders our Grand Financier can dispense. That he'll pay off ten Millions by saving ten Pence. Derry down.

2 For Conquests, or Commerce he cares not a Straw, Nor if French, Dutch or Spaniards, in Trade give us Law; Oeconomy only shall cure very Evil, Pitt, Merchants & Soldiers may go to the Devil. Derry down.

3 Sea Captains that once fill'd the World with Alarms, Chang'd to pilf'ring Tide Waiters dishonour their Arms; But let not rash Critics his measures upbraid, He discharged our Debts by destroying our Trade. Derry down.

4 American groans & petitions in vain, Her Grief is his Toy, & her Loss is his Gain; For ways & means curious his Brain he ne'er racks, He stops all her wealth & then lays on his Tax. Derry down.

5 See the Mimick of Business sap Britain's proud Throne, How her Spear broken lies & her Honours are flown; But Oeconomy quickly will set all to rights, Such Legerdemain is ye bravest of Sights. Derry down.

6 His wonderful Budget will ruin our Foes While his saverall most sweetly perfumes Britains Nose O' may he like his Budget triumphant arise Whilst a Cord helps his nearer Approach to the Skies Derry down.