A deputation (headed by mr Jorrocks) demands a subsidy for fox hunting !

The figures in the picture can be identified from the inscription along the lower edge as (from left to right):
Neville Chamberlain, Ramsey MacDonald, Stanley Baldwin, John Jorrocks, Sir John Simon, Col. "Jack" Lowther, Lt. Col. F.G.D. Colman, Col. Sir Harold Wernher, The Duke of Beaufort and Earl Bathurst.