1: Freddie the Freeloader finds an old oil lamp in the dump and discovers by accident that it is a magic lamp. When he rubs it, a geni appears and grants him three wishes. Two of them are used up foolishly and by accident, the last one causing his mouth to be sealed so he cannot talk. Instead of allowing his pal to use up the third wish to open his mouth, he insists that it be used to give needy children in the neighborhood a royal Christmas party