Tweety is hanging out in his birdcage, until Sylvester arrives. Tweety wonders where Granny is; she is in the bathtub. Tweety worries that his time is about to run out. Sylvester uses a pogo stick to reach the bird, reciting the "One for the Money" rhyme, ending with Tweety putting a bomb in the cage saying, "Blow!" The cage detaches from the chain and the bomb blows up. Tweety says, "Up, that is!"
Sylvester climbs up the paintings, but is foreshortened so small that Tweety scares him, and the pint-sized cat falls.
Sylvester wears a doorman's uniform and puts up and down buttons on the wall, mimicking an elevator. The cage goes down, and Tweety exits, but escapes as Sylvester is about to eat him. Sylvester accidentally breaks the buttons, and the cage goes up and down, then it goes side to side until they reach the bathroom. Tweety exits the cage, sending the cat flying into the air and back down, where he becomes a towel. The bath tub falls down as well. Granny gets out of the tub, using Sylvester as a towel. Sylvester says, "Sometimes, you just have to throw in the towel."
- This is one of the select few Looney Tunes Cartoons shorts to be created for the vertical video format.