When private tutor Thomas Arnold (Sir Cedric Hardwicke) becomes headmaster at Rugby, a boy's preparatory school in England, he puts into place a policy of strict punishment for unruliness and bulying. Arnold finds an ally in Tom Brown (Jimmy Lydon), a new student who is subjected to hazing and abuse by a group of older boys and is pressured by his friends to keep quiet about it. Fed up, he leads his fellow classmates in an underground rebellion against their tormentors. But certain unspoken rules still apply at the school and Brown loses his hero status when he is accussed of breaking the Rugby code of silence.

Alfalfa and the gang build their own "speedboat" powered by ducks, and challenge Waldo to a race for the hand of Darla.

The gang puts a phony absent note on their teacher's desk so they can go to the circus, then have to get it back when they find out that the class was going on a field trip to the circus anyway.

Orphaned shoeshine boy Spanky is working on a Mississippi riverboat during the Civil War. There he befriends young runaway slave Buckwheat. After wronging a vicious gambler, Spanky and Buckwheat are forced to jump ship. Finding solace at a nearby house, the two are picked by Marshall Valiant for an important mission. This inspires Spanky to organize the local kids to form a small army of their own.

The "Our Gang" kids stage a production of "Romeo and Juliet," but the show is threatened when leading lady Darla walks out on star Alfalfa.

Alfalfa and our gang try to win fifty dollars on a radio contest.

When Cap's back pension finally comes in, he treats the gang to a day at an amusement park.

A truant officer spots the kids in an amusement park. They try to escape him.