Porky introduces a newsreel of wartime spot gags, including a spoof of the RKO Pictures logo, and caricatures of Jack Benny and Rochester.

Mr. Strauss, with the help of the forest animals, composes his greatest waltz.

The gang throws Mickey a surprise birthday party; his present is an electric organ, which Minnie plays while Mickey does a jazzy dance. Goofy bakes the cake, but keeps having trouble with it falling. The gang does a conga line to a Latin tune.

A bootle beetle elder tells the story of Morris, the moose about the size of a rabbit. Thunderclap the moose is taking on all challengers, and Morris decides to try, much to the amusement of Thunderclap. As a result, he meets Balsam, a full-size moose with tiny antlers (Morris' antlers are full size). The two team up, and with the help of a log that makes them very tall, defeat Thunderclap.

Segments: "A Rustic Ballad," a story of feuding hillbillys; "A Tone Poem," a mood piece set on a blue bayou; "A Jazz Interlude," a bobby-soxer goes jitterbugging with her date at the malt shop; "A Ballad in Blue," dark room, rain and somber landscapes illustrate the loss of a lover; "A Musical Recitation," the story of Casey at the Bat; "Ballade Ballet," ballet dancers perform in silhouette; "A Fairy Tale with Music," Peter and the Wolf; "After You've Gone," four musical instruments chase through a surreal landscape; "A Love Story," about the romance between a fedora and a bonnet; "Opera Pathetique," the story of Willie, the Whale Who Wanted to Sing at the Met.

Segments: "Once Upon a Wintertime," two lovers recued from an icy river by friendly animals; "Bumble Boogie," bee beset by musical instruments and symbols come to life; "Johnny Appleseed," story of the legendary pioneer tree-planter; "Trees," mood piece set to musical treatment of Joyce Kilmer's poem; "Little Toot," story of a heroic little tugboat who saves an ocean liner; "Blame it on the Samba," Donald Duck and Jose Carioca have the blues blown away at a Latin cafe; "Pecos Bill," story of the legendary cowpoke, his trusty mount Widowmaker and his sweetheart Slue Foot Sue.

Donald is heading out for a night on the town with Daisy, but first he needs to ditch his resourceful nephews. Easier said than done. They get to Daisy's house first, but Donald buys them off with ice cream, which works for about 10 seconds. Eventually, Donald and Daisy do some pretty wild dancing, made wilder when the nephews get a hot ear of popcorn into Donald.

Mickey, Donald and Goofy live in a land where everything is dried up and dead. The only food they have is one loaf of bread, even Donald's plans of killing their cow fail. So Mickey decides to trade in the cow and get's some magic beans. Donald angrily throws the beans out the window and during the night, a giant beanstalk sprouts, carrying the house upward. Next morning, Mickey, Donald and Goofy find themselves in a giant land with a huge castle. They enter the castle and find enormous foods. What they don't know is that Willy the Giant owns the castle and he does not like what he finds. So he captures Donald and Goofy and locks them in a box with the golden harp. Mickey steals the keys, rescues his friends and they all escape before Willy catches them.