Walrus and his wife run the Walrus Hotel, which acrobats Mr. & Mrs. Ambrose are staying at. Walrus gets a letter from his insurance broker Mr. Cinder demanding a payment. Short on cash, Walrus decides to get his tenants' money now. Ambrose and his wife are in the middle of a domestic squabble when Walrus pays a visit, and his presence only makes things worse. Mr. Cinder visits Walrus himself, and he carelessly throws his cigarette into a trash can. After he leaves, the hotel catches on fire ...