The first half of the fifth issue of Al Capp's Shmoo from April 1950. This was one of a few titles based on the supporting characters from Li'l Abner and like the first page says, the art is by Al Capp's staff.
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The "Two Bit" story is by Dave Tendlar, who never worked for Capp. You can see his initials in the first panel... the story is probably reproduced from an older comic.
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