It was written in 1964 and first published under the title Project Plowshare as a serial in the November 1965 and January 1966 issues of Worlds of Tomorrow magazine.
They have decided that, instead of continuing the ecologically and economically crippling nuclear and conventional arms race, they will pretend to be constantly developing new weapons, which are then "plowshared".
Design of weapons are extracted telepathically from a motion comic book, The Blue Cephalopod Man from Titan, created by mad Italian artist Oral Giacomini.
The plowshared guidance system of Item 202, a telepathic featureless brazen head named Ol' Orville, explains that this depression is merely a projection of his own fears of professional and physical impotence.
The conclusion involves an eclectic mixture of time travel, androids, drugs, toys, and comic books.