Lot of two, each 7.25x10.5" on glossy paper. 1940s. First is subscription mailer with classic Walt Kelly art on front of Donald as school teacher and his nephews as students. Interior has order blanks for Christmas gift subscriptions along with ad and illustrations of Christmas card issued along with each subscription ordered. Back cover art is of Donald dancing with Dopey. Second item is comic insert with front featuring Disney appliques that were given along with a subscription. Insert opens to reveal great scene titled "The Disney Gang At The Circus." Art believed to be by Walt Kelly and features many Disney characters as circus performers. Back is blank. Both have moderate scattered wear from handling with some creases, insert has small margin tears and few moisture spots but not affecting interior art. Mailer Fine, insert is VG and scarce.