I put the same pics on a gun board I frequent and a reply from a fellow in Germany stated: "it's a very old "style" Bavarian dialect".
Supposedly it says: "A little screaming, a little screaming. A little distinguished, one must be.
A big thaler (ancient silver coin) you need to honor, but you have to give them away anyways."
Another intrepretation by the change of a word: ""One has to pretend a little, and show off as being high class. But one doesn't have to be after the big money, because in the end, you have to leave it behind anyhow."
It would be interesting to find out just how old the stein is...