Mr. Magoo's house is towed-away by thieves.

A mole lad with sensitive vision is allowed outside to play in the daylight on the condition that he stay close to home. Outdoors, he meets a traveling sales-skunk.

Mr. Magoo invites a friend to his lakeside cabin, unaware that a bloodhound has pursued an escaped convict to that isolated location.

Mr. Magoo interprets his nephew's request for $100 as evidence of an unfolding mystery.