Orphaned shoeshine boy Spanky is working on a Mississippi riverboat during the Civil War. There he befriends young runaway slave Buckwheat. After wronging a vicious gambler, Spanky and Buckwheat are forced to jump ship. Finding solace at a nearby house, the two are picked by Marshall Valiant for an important mission. This inspires Spanky to organize the local kids to form a small army of their own.

In 1830s England, Tom Brown attends a rugby boys' school, where his moral and personal growth is formed through friendship, bullying–particularly from the cruel Flashman–and the influence of headmaster Dr Thomas Arnold.

While the rest of the gang goes fishing, Spanky gets stuck babysitting.

The gang finds what they think is a magic lamp.

A truant officer spots the kids in an amusement park. They try to escape him.

The "Our Gang" kids stage a production of "Romeo and Juliet," but the show is threatened when leading lady Darla walks out on star Alfalfa.

The gang promises to keep away from girls on St. Valentine's Day, but Alfalfa can't resist Darla.

Alfalfa and our gang try to win fifty dollars on a radio contest.

Alfalfa and the gang build their own "speedboat" powered by ducks, and challenge Waldo to a race for the hand of Darla.

When Cap's back pension finally comes in, he treats the gang to a day at an amusement park.

The gang puts a phony absent note on their teacher's desk so they can go to the circus, then have to get it back when they find out that the class was going on a field trip to the circus anyway.