Another race between the hare and tortoise but this time the hare bets on the tortoise to win. But no matter how much the hare slows down, the tortoise remains far in the rear. He finally attaches some jets to the tortoise but they backfire and the hare wins for the first time, but loses again because of the bet.
A sheep rancher entrusts his goofy sheepdog Dizzy to guard his herd one night. The dog is told to blow a whistle when he sees a wolf, but he spends his time fooling his master by "crying wolf," and he proceeds to blow the whistle for no reason other than to excite the farmer.
The new steward of Siltala ends up falling in love with the beautiful widow of the house. Their romance is endangered by misunderstandings and the fact that the estate of Siltala is swimming in debt.
The residents of a small town are excited when a flaming meteor lands in the hills, until they discover it is the first of many transport devices from Mars bringing an army of invaders invincible to any man-made weapon, even the atomic bomb.
Mickey Rooney, plugging his latest Columbia film, stops by Ralph Staub's editing room and film vault, and the two of them watch clips from Rooney's films, dating back as far as the Mickey McGuire comedies.