Mr. Dithers invites the Bumsteads on a South American cruise. Somehow Dagwood winds up as the female drummer in the ship's band, while Penny Singleton gets to show off her Broadway background in some lively musical numbers.

When Froggy discovers the fabulous salaries paid to radio stars, he gets the idea that the gang should be in on the action. But success in radio requires a sponsor. They audition comedy skits at the dentist's office, and Shakespeare at the mortuary. Their efforts to snag a sponsor are without success until . . .

An Our Gang salute to the armed forces finds the gang performing a revue honoring the U.S. military. Amidst such highlights as a "recruiting office" sketch featuring the duo of Mickey and Froggy, and a closing ensemble piece with lyrics that rhyme "Taxes" with "Axis," the film features an extended celebrity-impression routine, with Buckwheat imitating Eddie "Rochester" Anderson and other kids posing as Judy Garland, Eleanor Powell, Fred Astaire, Carmen Miranda, and Virginia O'Brien.

The gang prevails upon old-time minstrel impresario Walter Wills to help them stage a fund-raising musical show.

Our Gang member Janet Burston believes that her family is neglecting her, so she decides to run away from home. The other gang members try to help Janet get adopted (or "adapted") by a more agreeable family, choosing a kindly elderly couple (Sarah Padden and Harry C. Bradley) for the honor.

The gang offers to help their pal Waldo attract customers to his lemonade stand. Redecorating their clubhouse as a lavish nightclub, the kids stage an elaborate floor show, with Darla Hood as the star vocalist.

Mickey and Froggy are candidates running to be president of the Gang's club. When the vote continues to end in a tie, the club winds up split. Buckwheat then reminds everyone of the lessons learned from Abraham Lincoln when America was once divided.

The Gang tries to solve a murder mystery contest in a department store window. However they soon get caught up in a real caper when they stumble upon two crooks robbing the store. Mickey, Froggy and Buckwheat are all kidnapped so it's up to Janet to convince the cops of what's going on.

Since Froggy was born on Leap Year Day, he's upset that he only gets a birthday party once every four years. So, the gang decide to have a surprise party for him.

Our Gang puts on a show for the troops.