Adventurer Sir Malcolm Havelock, Bert and Cedric's Idol, comes to the Evergreen Forest at the invitation of Lady Baden-Baden. Cedric gradually realizes that Malcolm is a phony.
When a monster is sighted in nearby Evergreen Lake, Cyril Sneer launches a major tourist trap in order to cash in on the monster-craze. Meanwhile, the Raccoons set out to see if the monster is real or not.
Melissa takes a photo of Snag saving Cedric from a fire, which gets her a job at World Time Magazine. Meanwhile Cyril wants to exploit Snag for fame and mostly fortune.
Bert Raccoon and Cedric find a hidden locomotive in the Evergreen Forest. This suddenly arouses Cyril's interest, as this locomotive is said to have hidden ten million dollars years ago.