Next door neighbor Beagle has a pool that he graciously allows the Barkleys to use, but though his family happily takes advantage of it, Arnie is jealous. He tries to lure them away with a hamburger grill and a croquet set, which fail miserably. Then, thinking big, he opts to buy a yacht, until he finds they are fantastically expensive. Undaunted, he tells the kids they have to take jobs to pay for it. they won't, so he builds one in the backyard. To test it's seaworthiness, he decides to launch it in Beagle's pool, where it sinks to the bottom. With the help of the Coast Guard, he pulls it out. Finally, to pay for the materials used in constructing it, the boat is raffled off, Beagle himself holding the winning ticket.
—WesternOne1