It's December 24th, and the old farmer settles down for a winter's nap, wondering how Christmas can come when there is no snow! It is in his dream that he imagines a snowstorm coming and covering him and his animals—named One, Two, Three, Four and Five—in a snowy blanket.

But when the farmer awakens, he finds that it has really snowed outside, and now he remembers something! Putting on his red suit, he goes outside, puts some gifts under the tree for his animals, and presses a button near a Christmas tree, creating a most surprising musical treat for children everywhere.