Clara in Blunderland by Caroline Lewis. Published by William Heinemann, 1902.
Fifth and seventh impressions. Cloth hardback, 12mo.
I have two copies of this, and have managed to read neither. I know it was written by Harold Begbie and J. Stafford Ransome (together under the pseudonym of Caroline Lewis) as a satire on British involvement in the Boer war, especially at the failure of the government to resolve the conflict, but as I know very little about the war, the parody passes way over my head.
The illustrations are credited to S.R., and I believe they were the work of the J. Stafford Ransome part of the partnership. They echo the Tenniels, but look like political caricatures: again, my lack of historical knowledge lets me down: I don’t know who they are. Any suggestions welcome- might Clara be Balfour??
There is a sequel: Lost in Blunderland, which I don’t own. Yet…
Available on amazon: Clara In Blunderland
Alice in the Internet 
Clara is Balfour. I’m about to publish a new edition, which will give some more information. (Not an annotated version, though.)
Ta: did you see I’ve finally stuck one of yours up? Hope that’s ok…
The publication process has begun. By the end of next week at the latest Clara in Blunderland will be available!
I’ve made a start on Lost in Blunderland as well. Needs a good proofing though.