Michael Nesmith inheritance from his mother's Liquid Paper fortune in 1980 eased those concerns. In a 1980 interview with "Playboy", he said of that time: "I had to start telling little tales to the tax man while they were putting tags on the furniture." While Nesmith had continued to produce his compositions with the Monkees, he withheld many of the songs from the final Monkees albums, only to release them on his post-Monkees solo records. Nesmith did not participate in the Monkees' 20th-anniversary reunion. However, he did appear during an encore with the other three members at the Greek Theatre on September
John Nesmith and farsighted men of affairs. John Nesmith became interested in the manufacture of blankets, flannels, printing cloths, sheetings and other textile fabrics and that became eventually his principal vocation. He became agent or part owner in mills in Lowell, Dracut, Chelmsford, Hooksct and other places, and managed those enterprises with almost unvarying and uninterrupted success. He was also a large stockholder in the Merrimack Woolen Mills Company. Appreciating more than any other man the natural advantages of the water powers which have made Lowell what she is, he bethought himself of securing the supply of water in Winnepesaukee and Squam