The collection features newspaper tearsheets of cartoons illustrated by artists Walt McDougall and Valerian Gribayedoff. The cartoons range in size- full page, half page, quarter page, and smaller blocks, and are printed in both color and black and white. The majority of cartoons were published in The New York World from 1894 to 1913 (bulk dates 1884-1984). Some tearsheets are from other publications such as The Chicago Daily News and Sunday Record-Herald. Of particular interest in this collection is a tearsheet of Walt McDougall's cartoon from The New York World on October 30, 1884. This shows McDougall's infamous cartoon "The Royal Feast of Belshazzar Blaine and the Money Kings," portraying Republican presidential candidate James G. Blaine dining at a New York City restaurant with wealthy businessmen such as Andrew Carnegie, John Jacob Astor, and others. This work has been noted by historians as one of the main reasons Blaine was defeated in the election five days later.

The collection also contains 77 cartoons illustrated by Valerian Gribayedoff. These drawings are found within the same tearsheets as McDougall's cartoons, often signed with his initals V.G. Interestingly, "The Royal Feast..."cartoon is also signed by Gribayedoff.

The Bill Loughman Collection of McDougall and Gribayedoff tearsheets is 15.03 linear in 9 boxes. The material came from the collection of Bill Loughman and was donated to the Billy Ireland Cartoon Library and Museum in 2012. The tearsheets have been arranged by publication date. A complete listing of cartoon titles and dates can be found within each box. The cartoons on the tear sheets have been described and imaged in the Original Art Database.