The Hipster Squirrel is on vacation in the north woods, and decides to get some sleep. His sleep is disturbed by what he thinks at first is the noise of a woodpecker. Upon further investigation, the squirrel discovers that Porky Pig, whom he calls a "lumberjackson", is chopping his own tree. The squirrel zips open a door at the base of the tree and removes the blade off of Porky's axe then tosses it on Porky's head. While Porky goes away to get more axes, the squirrel covers the base of the tree with a sheet of metal, riveting it in and painting it to look like the tree. Porky comes back a lot of axes, and proceeds to chop, but the blades keep breaking. Unknown to him, the squirrel is handing Porky every available axe until he himself (the squirrel) becomes one, but he manages to stop Porky and demands he stops chopping that tree. But Porky's not through yet.
The squirrel is reading a newspaper, but he hears a sawing noise, looks outside, and sees Porky sawing the tree down. The squirrel pulls the saw to a smaller tree, and when Porky tries to saw back, he is sandwiched through the crack and launched in the air, landing in a pond. Porky then chases the squirrel up the tree, but is stopped by a limb placed by the squirrel, who then cuts the pig's suspenders making him fall. Almost immediately after, Porky is on the other side of the tree with a shotgun, and fires. He shoots the branch he's standing on, while the squirrel runs inside and hands him a fruit basket. Porky then falls due to the weight of the basket. The squirrel then runs down with a mattress, but intentionally places it next to where Porky ends up crashing. Porky is disoriented, and the squirrel squeezes two bananas he's holding in his face, giving him a funny-looking mustache.
The squirrel is convinced Porky is defeated, but is met by the shotgun held by the pig. A chase down the tree ensues, with Porky firing. Porky then shoots inside the log, but is met with some fierce growling, scaring him. Those growls turned out to be the squirrel imitating a bear, who scares Porky up a branch. The squirrel then goes back inside, laughing.
Porky tries one last scheme. He brings over a supply of dynamite sticks, which he places inside the tree, which the squirrel then puts into a log nearby. Porky lights the fuse, and it ends up blowing the hollow log, awakening a real bear, which scares both Porky and the squirrel. They both run away, allowing the bear to occupy the squirrel's tree, wearing his pajamas, and reading the newspaper.
^Beck, Jerry; Friedwald, Will (1989). Looney Tunes and Merrie Melodies: A Complete Illustrated Guide to the Warner Bros. Cartoons. Henry Holt and Co. p. 195. ISBN0-8050-0894-2.
