Cut an equal number of slices of dark Graham bread and white bread, remove crusts, and spread bread with creamed butter. On one slice of white bread spread pepper jam, cover with slice of Graham bread, spread with butter and pepper jam and cover with a slice of white bread. Make other sandwiches with graham bread on the outside and white bread for the center layer.
Wrap in damp cheesecloth, press under a light weight, and leave in a cool place until serving time. Trim edges, cut in slices, and arrange on doily-covered plate.