Life — October 25, 1929 — page 10: what you’re looking at

What you’re looking at

# Political Cartoon Analysis This is a satirical illustration from *Life* magazine depicting a nighttime scene with dark, expressionistic shading. The caption reads: "The call rate being what it is I wouldn't advise Consolidated Petroleum." The cartoon appears to be financial satire, likely from the early 20th century. It shows figures in shadow discussing investment advice, with a crescent moon visible above. The speaker warns against investing in "Consolidated Petroleum" due to unfavorable call rates—financial terms relating to stock market borrowing costs. The darkness and ominous mood suggest the petroleum stock is a risky or failing investment. Without additional context about specific market conditions or Consolidated Petroleum's actual performance during publication, the precise historical event remains unclear, but the satire targets stock market speculation and dubious investment advice.