This political cartoon represents Andrew Carnegie in his later years. He is still represented as a "fat cat" with his huge size and big sack of money. However, this cartoon is depicting him with a large scoop pouring coins over the states. He gives the majority of his money to schools, libraries, education, and world peace.
It seems like the artists dressed him up as some sort of Scottish Santa. With a huge belly, white beard, hat, and of course his large sac of presents. This Political cartoon is unique from others because it depicts a large powerful figure as a good person, which is incredibly rare in old and new political cartoons.