The popular print depicts caricatures of the British Prime Minister William Pitt the Younger and the newly-crowned Emperor of France Napoleon, both wearing military uniforms.
Pitt and Napoleon are seated on opposite sides of a dining table, each using a carving knife and carving fork to cut pieces from a large spherical plum pudding bearing a map of the world, with the British Isles at the centre between them. Napoleon is helping himself to the continent; while Pitt is slicing off the oceans.
Gillray's print is a satire on the overtures made by Napoleon in January 1805 for a reconciliation with Britain during the War of the Third Coalition. The short-lived Peace of Amiens, a treaty between Britain and France, had ended in 1803, and Napoleon was threatening to invade Britain with his Grande Armée based at Boulogne.
Probably the most famous caricature ever published.