A man raising two kids after there parents died live in a place called Happy Valley, which was plagued by a severe drought after a Golden Harp who sang to make people happy was stolen from a nearby castle in Happy Valley. The residents had nothing to eat except one loaf of bread; in a memorable scene, the bread is cut into paper-thin slices. He decides to trade the cow for money to buy food. two kids are excited that they'll be able to eat until he returns and reveals he traded in their beloved bovine for magic beans. Thinking that there uncle got tricked, the boy furiously throws the beans and they fall through a hole in the floor. However, it turns out the beans were magic, as later that night with the light of the full moon, a beanstalk sprouted, and it carried their house upward as it grew all through the night. The next morning, climbing the gigantic beanstalk, where they meet The Giant Willie, they must survive in the beanstalk.