Alice in Blunderland: an Iridescent Dream by John Kendrick Bangs.
Illustrated by Albert Levering.
Published by Doubleday, Page & Company, New York, 1907. Hardback clothbound first edition: no dustjacket. 12mo.
Bangs (1862-1922) was an American writer, essayist and lecturer, and he turns Alice turns into a political satire
Alice travels to Blunderland, where “everything goes just right”: assuming you believe the keepers of the Municipal Home of Children, where all the children live. Appearances by the dormouse, the Duchess, the Mad Hatter, the Cheshire Cat and the White Knight.
From Alice in Blunderland:
“Certain of our members claim that they have a right to sell their votes for $500 apiece–”
“Mercy!” cried Alice, “Why, that is–that is terrible.”
“It certainly is,” said the March Hare ruefully, it’s rotten. Here I’ve been holding out for $1,250 for mine, and these duffers want to go in for a cut rate that will absolutely ruin the business.”
There’s a facsimile version available: Alice in Blunderland: An Iridescent Dream
The Mad Hatter talking through his hat.
Alice in the Internet 
The Evertype edition http://www.evertype.com/books/alice-bangs.html is not a facsimile, but has been re-set and has an informative Foreword.