Little Jack is sent to the market by his mother to sell the old cow and while there turns it over to an unscrupulous person for a bag of beans. When Little Jack arrives home the mother, upon seeing what Jack has received for the old family cow, throws the beans into the back yard. The next morning a big tree, reaching into the skies, has grown where the beans were thrown. Little Jack climbs this tree and reaches the kingdom of the terrible giant. After a series of very dangerous adventures, Little Jack kills the giant.