Elmer grabs his rifle and gives chase. Bugs intercepts him and begins excitedly declaring that gold has been discovered, then reveals it is a gold filling in one of his teeth. Elmer naïvely dismisses the amount as inconsequential, as he also has a gold filling, then begins to lose his temper. Bugs makes like a swimmer as he enters a hole; Elmer adopts a sweet tone, trying to coax the rabbit out. He prepares to 'greet' Bugs with the pick axe. But when he swings it over his shoulder, it sticks in the wall behind him. Elmer does not realize this has occurred. When Bugs pops up, he sees the failed tactic. Using scissors, Bugs cuts off Elmer's shirt and suspenders, revealing his yellow and red polka-dotted boxers and a girdle. Bugs wolf-whistles at Elmer's attire and ducks back into the hole. Elmer breaks the fourth wall and says to the audience watching the scene, "Don't waugh! I'll bet pwenty of you men would wear one of these!" After pulling his clothes back on he declares, "That's the wast stwaw." He dives into the hole as Bugs pops out of the ground beside it.