Heartfield plays off the words of a speech Hermann Goering delivered in Hamburg.
The caption (Hurrah, die Butter is alle! Goering in seiner Hamburger Rede: "Erz hat stets ein Reich stark gemacht, Butter und Schmalz haben höchstens ein Volk fett gemacht.") loosely translates to (Hurrah, the butter is all! Goering in his Hamburg speech: "Ore [iron] has always made an empire strong, butter and lard have done more to make people fat.").
This montage is meticulously detailed, right down to the tiny swastika on the axe the baby uses as a teething ring.
It is an injustice that the Akademie Der Künste will not allow the public to view the details in the original of this stunning work. I requested a photograph of the original. The Akademie Der Künste refused to provide it.