An old fiddler tells a pirate crew of an island bursting with hidden treasure. But once the motley men have set sail for the mysterious island, he also tells them it is guarded by the terrible Pirate-Cruncher! Eventually their greed overcomes their fear - when they arrive on the island, a hilarious fold-down flap reveals that the island itself is the Pirate-Cruncher, who promptly swallows the whole crew!