The true effigies of the [club] of [calf]'s [head]s met on the 30th. of January 1734 at the Golden Eagle in Suffolk Street in the County of Middlesex. The healths. To the pious memory of Oliver Cromwell. Dam-on [Damnation] to the race of the Stuarts. To the glorious year 1648. To the man in ye mask &c &c. Strange times, when noble peers secure from riot ... and made a calves head feast for worms & devils.
Clandestine words in the lettering are represented by rebuses: a trefoil for 'Club' and a calf and a man's head for 'Calf's Head'. The lettering contains republican and anti-Jacobite sentiments. 30 January was the anniversary of the execution of King Charles I. The lettering describes attempts to sabotage the club, referring to "Clare Market mobsters" and "St James's lobsters"