Popeye is being honored for his 20 years of films at a dinner hosted by 'Bob Hope' (several other celebrities are present, like 'Jimmy Durante', 'Bing Crosby', 'Jerry Lewis' and 'Dean Martin').
When called on to make a speech, Popeye instead shows clips from two of his movies.
Bluto does a slow burn through this, finally stuffing Popeye's trophy onto Popeye's head - but the trophy is full of spinach, so Popeye clobbers Bluto.