Tom Chases Jerry up a Beanstalk, but must band together to escape a Giant that doesn't want to share His Golden Eggs with anyone.
At the Ye Ole Pig-Out Inn, a very fat man is about to feast about a big slice of ham when Jerry comes up and swallows the slice whole. The Owner calls up Tom who arrives with empty dish in hand expecting food. The Owner gives Tom 3 beans for being a lazy, good for nothing cat, and threatens to put Tom back to the Olde Animal Shelter, if He doesn't capture Jerry. Tom, denied of having a bigger ration, throws the beans out the window and begins to chase Jerry. The chase ends up outside as a beanstalk is growing rapidly. Jerry climbs up the beanstalk as it grows followed by Tom. Jerry runs inside a castle in the sky where we find a Giant that has smells Tom. The Giant goes back into the castle, and as the drawbridge closes, Tom gets inside.
The Giant yells at a hen to lay a golden egg. the Hen refuses, but lays an egg after the Giant threatened to turn the Hen into Chicken Nuggets. The Giant then grabs the egg, and slams it into coins. when one of the eggs, fall down, the Giant finds out that there is a mouse in the castle and starts to chase after Jerry, who is rolling along with a golden egg. The chase went on as Tom is chased by the Giant, who pulls a Chain, activating a trap door, leading the Pair to be trapped in a Cage. the Giant then tells the Pair that He'll eat them alive. However, the Giant doesn't eat without a song from his Magic Harp, that raps. Tom and Jerry escape through the cage's door. (it wasn't locked) only to have the Harp wake the Giant who slams His club, on a chest, thus launching a golden egg at the Door Tom and Jerry try to open, helping in their escape. Tom and Jerry try to escape with Their lives and the golden egg as they are being chased all the way out of the castle and down the beanstalk. Once Tom and Jerry get to the ground, they saw down the beanstalk with the Giant still on it. Back at the Pig Out Inn, The Owner, disgusted by Tom and Jerry's return, demands to know how the freeloaders plan on paying for their food. when Tom and Jerry produce the golden egg, the Owner is beaming with happiness, As Tom and Jerry are both feasting on a large meal, the Owner is in another room cuddling the egg. However, the Giant survived the fall, returns for his egg and takes the Owner with him, despite Him trying to pin the blame on Tom and Jerry, who pay no mind to the Owner's predicament with the Giant.
- Giant - I smell the blood of a Pussycat. I... Hate... Cats!
- Giant - Fee, Fi, Fo, Fum! I smells the blood of a... Mangy Mouse? I... hate... Mice!