Tom the Piper's Son is about to marry Mary Quite Contrary. On the eve of their wedding, evil miser Barnaby hires two henchmen to drown Tom and steal Mary's sheep, cared for by Little Bo Peep, thus depriving Mary and the children she lives with of their livelihood, forcing her to marry Barnaby. The sheep are stolen, but Gonzorgo and Roderigo, Barnaby's henchmen, double-cross him by selling Tom to a band of gypsies instead, leaving Tom with the opportunity to escape and make his way with Mary, Bo-Peep, and other Mother Goose characters to Toyland. Written by Albert Sanchez Moreno

An eccentric millionaire and his grandchildren are embroiled in the plights of some forest gnomes who are searching for the rest of their tribe. While helping them, the millionaire is suspected of being crazy because he's seeing gnomes! He's committed, and the niece and nephew and the gnomes have to find him and free him.