The introduction of the series, as Donald Duck joins the Navy and sends Huey, Dewey and Louie off to live with their Uncle, Scrooge McDuck. However, Scrooge is quite cold to his nephews, and is not at all pleased when they try to take a model ship from his moneybin. But this is no ordinary ship. It has some hidden meaning to finding a lost treasure, and Flintheart Glomgold enlists the notorious Beagle Boys to get the ship for him.