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Scrooge is counting money in the counting house of his firm when Bob Cratchit comes in, wanting to borrow a lump of coal as he is freezing. Scrooge refuses ("I gave you a lump of coal a week ago; you should've made it last."), and tells him to just work faster so he'll keep warm. Then Scrooge's nephew Fred comes in with Christmas decorations and mistletoe. He is tossed out, and decides that "somebody oughta teach that little man some Christmas spiriting". Fred then borrows a piece of coal and places it in the office of Cratchit, who graciously thanks him.
However, Scrooge's cat Sylvester notices this and warns him. Scrooge takes back the coal, throwing him out along with the carolersElmer Fudd, Pepe Le Pew and Foghorn Leghorn whom Fred let into the office, and fires Cratchit...who invites Fred to dinner. Fred is introduced to Bob's wife and their offspring, including youngest son Tim. Suddenly, the local Light Company shows up and takes the Cratchits' last candle (because their bill is past due). After that comes a notice, from none other than Scrooge, that the family's mortgage is being foreclosed; the Cratchits must vacate their house by midnight. Fred angrily vows to save Bob's domicile however he can.
Fred starts by annoying Scrooge with more carolers; when Scrooge goes out to deal with this, he slips in a pile of snow. Next, Fred puts snow into Scrooge's hot bath, turning it ice-cold as Scrooge jumps in. Fred then dresses up as the ghost of Scrooge's late business partner Jacob Marley...dragging around chains and beats a drum. Investigating, Scrooge accidentally slips down the stairs and into the cold along with Sylvester. When they return to bed, the ghost of Marley reappears. Sylvester promptly flees, slamming the door behind him and cutting off Scrooge. The ghost of Marley threatens to take Scrooge to see "the man in the red suit" (the Devil, though Scrooge first guesses Santa Claus).
Scrooge promptly changes his ways for the better. To prove himself reformed, he dresses up as Santa Claus and runs through the streets at night...shouting "MERRY CHRISTMAS!" and pelting total strangers with fistfuls of cash. He also rehires Bob Cratchit by making his new partner in the firm, succeeding Marley. Tweety raises a toast to him, and Fred kisses him. Scrooge (now going by the name of Sam) still hates kissing, though.
This story is the first part of Bugs Bunny's Looney Christmas Tales. As the second one featuring Wile E. Coyote and The Roadrunner (Freeze Frame) begins, Bugs congratulates Sam for making Scrooge a charitable character, but Sam tells Bugs that it was all a play, and demands Porky and the gang give all his money back to him.
Beck, Jerry; Friedwald, Will (1989). Looney Tunes and Merrie Melodies: A Complete Illustrated Guide to the Warner Bros. Cartoons. Henry Holt and Co. p. 370. ISBN0-8050-0894-2.
