Illustration shows a gigantic figure of Bluebeard labeled "Protected Monopolies" holding a set of keys identified as the "Keys to Rate Regulation, Meat Inspection, Pure Food and Anti-Trust Laws"; he is speaking to Theodore Roosevelt dressed as "Fatima", telling him that he "may go as far as you like, but don't let me catch you in that room!" pointing to a room labeled "Tariff Revision".
Caption: Blue-Beard With these keys, my dear, you may go as far as you like, but don't let me catch you in that room!
President of the United States - Second Term (March 1905-February 1909)
J. Ottmann Lith. Co.
Puck, v. 60, no. 1537
The Library of Congress