Even though Randy is much loved at home, he has a serious problem—everything he has is old! His rich neighbor Mike, who often teases him, has a new bike, new toys, and never does chores. Randy, however, rides an old bike, has old toys, and has to do all kinds of work around the house. Though Randy is often reminded that “things don’t bring happiness,” he desperately wishes he could be rich so he could buy everything new.

Harry Hare never stops bragging that no one can beat him in a race. The animals go to Mr. Wise Owl to find out how to stop Harry Hare from boasting. They vote to have a race, but everyone declines to race Harry Hare but Teddy Tortoise, the slowest of them all. It’s utterly foolish to the forest animals to expect Teddy Tortoise to win.

The miller Elmo and his son Mort have a problem—instead of standing up for what they know is right, they follow everyone else’s opinions. When a farmer complains that Elmo is overworking the donkey, Elmo and Mort mill the grain. When others complain that his prices are too high, Elmo reduces the price, even if he’s losing money. When a friend suggests Mort steal apples with him, Mort goes along with the plan.

As a reward for winning the soccer championship, Davy is chosen “Mayor for a Day.” Tired of rules, Davy’s first official announcement as mayor, to the great delight of his friends, is the elimination of all rules for a day.