Davey and his pal Jimmy decide to create a float for the town's parade. The winner gets a pony. As Davey is searching for some wood, he comes across a house that is under construction. Noticing the pile of lumber, Davey helps himself to it. Then on the day of the parade, the man who owns the lumber angrily asks Davey if he knows where the lumber is. Davey lies and says ""no"" and that it's his friend Jimmy's float. When the man goes to Jimmy's house, he tells Jimmy's dad what Davey had said. Jimmy's dad tells Jimmy that he cannot go to the parade until this is straightened out. As Jimmy, Goliath, and the float are all at Jimmy's, Davey is wondering what went wrong. Davey then gathers enough courage to go to the old man and Jimmy to set things right.
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