Central text reads 武德 meaning "Military Virtue".

Text around the rim reads 录道大會中庄尚武顧请田 literally "Record of the great Daoist general Assembly, Zhuang Shangwu invited Gu Tian".

录道大會 could also be read as "Assembly for Recruiting Disciples of the Way". I translate 录道大會中庄尚武顧请田 best as "At the Daoist Assembly Zhuang Shangwu recruited Gu Tian".

This cup is pre Chinese Communist Revolution and represents a crossroads of Daoist fraternal organizations with the Republic Of China military.

After the 1949 revolution and into the years of the cultural revolution items like this would have been systematically destroyed in China, ROC/KMT memorabilia is still restricted in China to this day.

I'm confident the only reason this cup still survives is because it was looted by a Japanese soldier during the 1930s Japanese occupation of China, therefore it wasn't in China during and after the communist revolution. I believe this because I acquired it from Japan with a collection of Japanese second Sino-Japanese war cups.

The following is the same description in traditional Chinese for any buyers in Taiwan, ROC items are more popular there.

民國時期國民黨/中華民國「軍人武德」道教大會精美瓷杯

杯身中央刻有「武德」二字。

杯沿環繞的文字記載了「道教大將盛會」的盛況，並提到由莊尚武（Zhuang Shangwu）邀請了顧天（Gu Tian）參與。

此杯製作於中國共產黨革命勝利之前，見證了道教結義團體與中華民國軍隊之間的交集。

1949年革命之後，尤其是「文化大革命」期間，此類物品在中國國內遭到了系統性的銷毀；時至今日，涉及中華民國（國民黨）時期的紀念物品在中國仍受到嚴格限制。

我確信，這隻杯子之所以能倖存至今，是因為它在20世紀30年代日本侵華期間被一名日本士兵掠走，從而避開了隨後發生的共產黨革命及其後的動盪時期。我之所以得出這個結論，是因為我是從日本購得此杯的，當時它與一批抗日戰爭時期的日本紀念杯一同被收藏。