[2] Contrary to its title, the film is not an adaptation of Alice in Wonderland but that of Jack and the Beanstalk.
The landlord tells them they have been unable to pay rent to the house in a timely manner, and therefore they need to move out in a few hours.
While the grandmother is saddened by this, Oswald offers her hope as he intends to sell their cow.
When the stalk reaches its peak, Oswald is surprised to see a large castle in the clouds.
Intrigued by the castle's presence, Oswald enters a window to explore the building.
Back on the ground, Oswald's grandmother is outdoors in another meeting with the landlord who comes to signal her family's move.