Betty Boop campaigns for Grampy to be the new mayor and he wins. As soon as he takes office, the citizens come out from everywhere to complain and to demand he fix things. Grampy is in his element.
Popeye and Bluto are deep sea divers. Popeye has a treasure map; for some reason he cuts Bluto in on the deal, but of course, Bluto's idea of 50-50 isn't exactly fair...
Mystery Pictures is looking for a stunt man. Swee'pea tags along with Popeye, but he sends the tot home. Popeye shows clips of his stunts to the director, who is impressed; when he goes to put on the last reel, Swee'pea, who snuck back in, hands him Lost and Foundry (1937), which features Swee'pea...
Noah seems to have major problems with his animals when they all get restless and leave the ship to go to Coney Island and Luna Park to get away from him.
Strange goings-on in a department store, which is having a fire sale while it's on fire. Mice run a movie projector. In a live-action sequence, the singing Three X Sisters lead three bouncing-ball selections, the first Scottish, the second German, the last a bit of a black stereotype.
Olive sends a farewell letter to Popeye: She's over sailors; it's cowboys for her; she's gone out west, to Bar None Ranch. Popeye immediately travels there to find her - and discovers Bluto runs the place.