Lincoln Mfg was a foundry.
The object is a watch fob. What "B 20" signifies is a mystery.
I think the "20" is the year 1920 if I am to believe the examples on ebay. Not sure what the "B" stands for, though. Could be a school or something?
another img of the Parker-Davis Campaign Items, ca. 1904
i would go look for the rest of it
https://digital.library.cornell.edu/catalog/ss:10638789
https://en.wikipedia.org/wiki/Alton_B._Parker_1904_presidential_campaign
Now that 3 different letters have surfaced from 3 different states, Im gonna guess that these fobs could be ordered nationwide with any initial and it may simply be a 1 letter initial of the student and date of graduation perhaps..Awesome ID! Thanks, I think it may be from Bethel College here in town. I’m going to do more digging now that I have that direction.