The gang decides to be pirates and build a boat, which sinks immediately upon launching. The boys blame Mary because she is a girl. Friendly sea captain, Capt. Whelan, tells her she can play pirate on his fishing boat and the boys join her. Their boat accidentally gets set free of her moorings and the gang has adventures on the “high seas” of the harbor, until they are boarded by the U.S. Navy.
Farina, Joe and Mickey are all struck by the love bug. After several problems, they go to the beauty salon, where Pineapple works and proceed to make shambles of it. The police arrive and arrest them, but Grandma (Florence Lee) comes to their rescue.
The janitor of the Greenpoint department store is murdered during a robbery, while Mickey, Froggy, Buckwheat, and Janet witness the crime. The thieves take the boys hostage, but Janet escapes and heads for the police. Alas, no grownup will believe her story, so Janet enlists the aid of the other gang members to rescue the boys and capture the crooks.
In a small grocery shop, Kee is trying to buy beans, but the shopkeeper (Mrs. Boon) refuses to sell it to her because Kee owes her money. Kee mentions that her husband is sick and is not able to make a living, but the shopkeeper still refuses. At home, Dik asks his mother for food to give it to Kee and her husband. His mother agrees and prepares a basket with some food. Willem, Kee's husband, is ill and lying in bed. Right after Kee gave Willem some water and bread, Dik arrives with the basket, containing eggs, coffee and meat, which Kee gratefully receives.