Gloomy bearded man stands to the right of black text over yellowed background.
This button was illustrated by Thomas E. Powers (1870-1939). Powers is known as the first American to draw a color comic strip for a newspaper, the New York Evening World. He was born in Milwaukee, Wisconsin, educated in Kansas City, Missouri, and worked briefly in Chicago, Illinois before moving to New York City in 1894. The man illustrated on the button is his character Gloom from his best-known comic "Joy and Gloom."
(Source: T. E. Powers. (2012, June 14). lambiek.net. Retrieved October 15, 2014, from http://www.lambiek.net/artists/p/powers_te.htm)