Mrs. Barks had grown up in Hawaii and suggested elements of the story to her husband.
Characters in the story include Donald Duck, his nephews Huey, Dewey, and Louie, the Beagle Boys, and Uncle Scrooge.
Uncle Scrooge is concerned about the safety and security of his fortune.
Scrooge wants to ship the load to a remote island near Hawaii, but the Beagle Boys take over the ship and force Scrooge, Donald, and the nephews to do the dirty work on the voyage.
Once in Hawaii, the Ducks are helped by the Menehunes, and the Beagle Boys are captured by the United States Navy.