The film starts with a cartoonist drawing figures which then animate themselves. The Kaiser sharpens a knife to carve up the world, the figures "1914" flying from the sparks. He and Franz Josef gloat ...
The cartoonist draws the figures of the Kaiser "Bill" and the Crown Prince "Billie". They play with a U-boat in a water bowl until a cargo ship marked "NOOTRAL" ('neutral' in US pronunciation) blocks ...