The Douglases are asked to donate old clothing to a charity rummage sale. Lisa is glad to give away Oliver's entire wardrobe, but can't part with any of her dresses. Each has a memory attached, leading to flashbacks of Oliver asking Lisa's father for her hand in marriage, the Douglases' honeymoon in Switzerland and their first party in their new Park Avenue apartment.

Eb announces his engagement to Loreli Appleby, a girl he met the day before. In an attempt to impress his future father-in-law, Eb succeeds in destroying the farmer's cabbage crop. To get back in the man's good graces, Eb pawns Oliver's cow Eleanor so he can make the Appleby's mortgage payment.