The image is a pen-and-ink illustration, all line and no tone beyond flat black fills, and its first decision is the vertical split of the field into white on the left and black on the right. That reversal is the whole engine of the picture. The leashed figure stands against white, drawn almost entirely in open outline; the woman holding the leash stands against black, her form emerging in reverse. The eye is made to cross a hard boundary from light into dark, and the meaning crosses with it: submission set in emptiness, control set in shadow.
The left figure is the focal entry. It wears a dog mask, the one solid black mass on that side, which turns a human head into an animal's and instantly frames the body below as owned rather than autonomous. The pose is passive and exposed, the anatomy rendered in thin nervous outline, clad only in briefs, one hand hanging with an indistinct bundle. Scrawled directly across the chest is rough handwritten lettering, the carved band name, drawn as if scratched into skin rather than printed. That detail is doing the cover's cruelest work: the identity of the group is inscribed on the body of the one who cannot resist it.
The chain is the compositional spine. It leaves the masked figure's neck, dips down and swings across the central title, and rises again into the right half, physically stitching the two sides together and refusing to let the viewer read either figure alone. Follow it and you arrive at the second figure, the smoking sadist. Her side is the dark side; the rising line of cigarette smoke is one of the few soft, curling gestures in an image otherwise built from taut straight lines, and it reads as ease, boredom, dominion. She does not strain. The tension is all on the other end of the leash.
Typography is placed as a bar straight through the middle, THE MONEY STORE in even serif capitals, calm and commercial against the violence of the drawing. The contrast is pointed: a clean retail-style title laid over an image of ownership and restraint, the words themselves naming a place where things are bought and sold. Set across the midline, the type also becomes the horizon both figures stand on, and in the non-explicit treatment that same bar does double duty by covering the breasts, letting the composition's neat central band become an act of censorship.
Read whole, the picture stages a transaction of power. Androgyny on the leashed figure keeps its gender unfixed and universalises the submission; the animal mask strips it of face and name until the name is supplied only by what is carved into it. The white-to-black split, the crossing chain and the dispassionate cigarette all push toward a single reading: possession made to look casual, degradation rendered in cool clean line. It works because nothing is lurid in execution. The line is spare, almost clinical, and that restraint is exactly what makes the content land harder than any photograph could.