An inebriated mouse with a throbbing head takes a priceless diamond, thinking it's a soothing piece of ice. Two policemen, one of them a lunkhead, are assigned to recover the missing jewel.
Mexican mice take over a bullfight ring after all the people have left, and they arrange their own entertainment, with Speedy Gonzales as a matador and Sylvester Cat substituting for a bull.
In a Mexican restaurant, a man named Jose tells to his friend, Manuel, the story of Senorella, a Mexican version of Cinderella. Senorella's dream of liberation from her slavish existence under the yoke of her wicked "Strap-mother" and "Strap-seesters", comes true after her fairy godmother grants her a night as a ravishing beauty at the fiesta at a bullfighter's father's estate.
A hot-tempered bandit, Pancho Vanilla, robs a Mexican bank and rushes to his hideout to count the loot. Speedy Gonzales, Mexico's fastest mouse, follows Pancho there, intending to return the money to the bank. He challenges Pancho to a duel and then speeds past him again and again, bringing every cent of the money back to the bank and causing a flustered and enraged Pancho to shoot himself in the feet.
Alice travels to Paris and hears five stories adapted from children's picture books in this anthology film. The books adapted include: "Anatole," "Madeline and the Bad Hat," "The Frowning Prince," "Many Moons," and "Madeline and the Gypsies."
Scrappy does not want to get up and go to school. As the days peel off his calendar, the holidays come to life, personified. Father Time takes Scrappy on a tour through Holiday Land.
Mr. (and Mrs.!) Daffy Duck are expecting four ducklings; Daffy plays the nervous father, and Porky drops by to offer congratulations. Soon, a bald eagle hijacks the runt of the litter, and Daffy gives chase (despite the fact he's been celebrating the birth a little too much).