Refused admission to a nickelodeon, two kids steal a bag of rags in hopes of auctioning them off for ticket money. Alas, there aren't enough rags to make up the cost, so one of the kids hides in the bag, the better to convince gullible customers that the bag is chock-full of ragged goodies. A junkman assumes that the now-heavy bag is weighed down by iron, so he loads the bag into his wagon and heads off for the smelter. A wild chase ensues through the streets of Chicago. George K. Spoor, the "S" in Essanay studios, makes a brief cameo appearance at the end of the picture.
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