The Rascals go into the junk business to earn money for football uniforms.; Waldo invites the gang to use his mansion for a clubhouse while he and his mother are taking a trip to Bermuda.; Spanky is supposed to play in a big baseball game, but his mother tells him to baby-sit his sister instead.; Miss Pretty takes her class to the country for a picnic. The picnic spot turns out to be an old farm that a real estate agent is trying to sell to school board president Mr. Grumble.; Alfalfa doesn't like the lemonade that Spanky and Fatso are selling.; Alfalfa owes Spanky 20 cents and won't pay.; Fatso fills his plate and his pockets at a party for the kids given by Miss Pretty.