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
Michael Nesmith Canada, with the follow-up "Silver Moon" making No. 42 Billboard, No. 28 Cashbox, and No. 13 in Canada. Two more singles charted ("Nevada Fighter" made No. 70 Billboard/No. 73 Cashbox/No.67 Can., and "Propinquity" reached No. 95 Cashbox), and the first two LPs charted in the lower regions of the Billboard album chart. No clear answer has ever been given for the band's breakup. Nesmith followed up with The Second National Band, a band that, besides Nesmith, consisted of Michael Cohen (keyboards and Moog), Johnny Meeks (of The Strangers) (bass), jazzer Jack Ranelli (drums), and Orville Rhodes (pedal steel), as well