In the fictional country of Moronika, three munitions manufacturers — Messrs. Ixnay (Richard Fiske), Onay (Dick Curtis), and Amscray (Don Beddoe) — are upset over their lack of profits due to the country's king, Herman the Sixth and Seven-Eights, pursuing a policy of peace instead of war. They decide to oust the king, implement a dictatorship, and go about finding someone stupid enough to be a figurehead leader. Ixnay volunteers the three wallpaper hangers simultaneously working in his dining room: The Stooges.