whole: the image is positioned in the centre, set against a white background. The title is separate and placed in the upper quarter, in black cursive script and in white, set against a red background. The main text is separate and located in the lower quarter, in red and in white, set against a black background. Further text is integrated and positioned in the upper centre, in black, and in the lower centre, in brown. image: a depiction of the Squander Bug - a bug-like cartoon character - carrying a bag of money. He runs away from the foot of an unseen man who is trying to stamp on him. The word 'savings' is inscribed on the sole of the man's shoe. text: Squash the SQUANDER BUG SAVINGS £ N.S.O. No. 31. Issued by the New Zealand National War Savings Committee, Wellington. PUT YOUR MONEY INTO 3% NATIONAL WAR SAVINGS
National Savings Office Poster No. 31. Other similar designs, also featuring the Squander Bug, were also produced (see PST 16849, PST 16847 and PST 16848).