An old Mickey Mouse paper toy.  Red weighted yarn for legs; a tiny thread in plastic pouch intended for the user to attach to the puppet and to the user's finger in order to make Mickey sit or stand or dance.    Unsure as to the age of this item but it appears to be at least from the 1960's if not older.   

Nothing identifies the maker, and nothing on it says that it's related to Walt Disney (although it's clearly  Mickey).

Thanks for looking.   I will mail the puppet between cardboard and in plastic for safe arrival.