The yo-yos in Mr. Phelps' store look great to Danny and his friend Punky Lazaar, but they've spent their money on ice cream. Punky figures where there's a will there's a way, and when Mr. Phelps isn't looking, he puts a yo-yo in his pocket. Danny is shocked, but when Punky calls him chicken, he, too, steals a yo-yo. Danny has a very guilty conscience and finally can bear no more and confesses to the family. Shirley goes with Danny to see Mr. Phelps and returns the yo-yo. After this, Danny is so relieved and proud of his act that he goes about preaching integrity to anyone and everyone.