This is a cute little WWII propaganda film that was made with American servicemen in mind. It is a cute little cartoon that extols the virtue of investing your monthly stipend in war bonds. Since it was not intended to be seen by the general public but only by servicemen, there are two things you'll notice. First, to save money, unlike other Warner Brothers cartoons, this one is in black & white--a money-saving maneuver. Second, as impressionable children wouldn't see it, the jokes are a tad risqué--at least by WWII standards. There are lots of hints at sex--which makes a lot of sense considering the soldiers were no doubt preoccupied with it!
The film consists of cute Mr. Hook's conscience (in the form of a cute devil and angel) arguing about the reasons to not invest or invest in war bonds. Considering the film was commissioned by the US Navy (and made by Warner Brothers), take a guess which wins this argument?!