The more the merrier; the fewer the better cheer.

The first clause welcomes a larger company, suggesting that extra participants can make a social occasion livelier and more enjoyable. It presents numbers as adding to the spirit of shared amusement.

The second clause supplies the counterpoint: with fewer people, each may receive a larger share of food and drink. The saying playfully balances sociability against more generous fare for each guest, rather than prescribing an ideal gathering size.

Use it in light conversation about party numbers, invitations, or a shared meal. The first half can welcome additional guests, while the second humorously notes that a smaller table leaves more food and drink for each person; the paired lines deliberately present competing pleasures.