Thanks, Sir Steve, for locating this interesting item and Herr Oliver for the observations.
The first panel has representatives from several Allied/Coalition countries (including, it seems, Bavaria from the Raupenhelm-figure in the back) liberating the trans-Rhenish citizens at bayonet-point. The liberated citizens then suffer a series of indignities as the "First Bureau" of the "Provisional Regime/Government" robs them, the "Second Bureau" takes their hats and coats and the "Third Bureau" strips them of their trousers. "The [illegible] War March- and Transportation Commission" then presses the citizens (and, as Oliver points out, their vehicles/animals) into harsh service before they are finally sold off by the "Distribution Commission" charged with gaining the highest prices (the title is wonderful but does not translate well into English directly). Given the military figure with typical sergeant's stick on the far right, this final panel suggests that the former trans-Rhenish citizens (now reduced to nothing but their shirts) are being auctioned to the highest bidder for enforced military service in the ranks of Coalition armies.
One is forced to wonder at the provenance of this piece--would seem to be a French propaganda effort aimed at former citizens, similar to the numerous and much more frequently reproduced Allied cartoons depicting N retreating from Germany, being shaved by Blücher, etc.