All of Hooterville is excited about the upcoming big dance. Eb, however, is obsessed with raising $20 to buy his girlfriend a birthday present. Oliver tells him to be ingenious, so he begins leasing out the Douglases' wardrobe, telling people they're strapped for cash. Eb's big brainstorm: sit for ten babies while their parents go to the dance.

Local inventor "Looney Luke" Needlinger has built a contraption that turns hay into milk. Convinced it will make them rich, Haney and Fred pitch Oliver on investing in the machine, but he thinks they're being conned. After seeing the milk maker in action, Oliver convinces a chemist to give the devise a once-over. What he discovers insures that cows will always have work.