(Finding himself unhurt, Letters dusts himself off, then dusts off his captain with a small whiskbroom.)
Bugs: "Are you the bad guys?!" (He peers at them narrowly.)
Letters: "Certainly not. We're just defending our homes and families." (He smiles at Bugs.) "We've been trying to find the rest of the British fleet, as a matter of fact."
Bugs: "What, that big fleet over there?" (On the horizon a large number of warships is now visible. Bugs waves at them.) "Hey!!! Over here!!! Yoohoo!!!"
Letters (suddenly realizing that he may have made a tactical error.): "Ach, wait!"
(The warning is too late. The British ships prick their antenna, glare at the German ship, line up, and all together, spit out a solid hail of shot, which arcs up toward Derfflinger.)
Theodor: "We're dead." (He calmly watches the approaching curtain of steel.)
(Bugs dashes about at such a rate of speed he becomes a gray blur. The guns all sprout palm fronds and coconuts, crewmembers on deck acquire grass skirts, the Baron and Captain Theodor both find themselves wearing leis of colorful flowers, and Bugs screeches to a halt in front of them, wearing a grass skirt, lei, and a big flower in his hair. He bats his eyes fetchingly and begins playing a ukulele he has pulled out of somewhere.)
Bugs: "Ooo, I'm just an island goil..." (He sings off-key, plinking the ukulele & shimmying his hips in a very un-rabbit-like manner.)
(The incoming rain of shot miraculously slows... the shells blinking at what appears to be a tropical island below... their target has disappeared. As a group, they turn tail and speed off, duly falling back onto the British fleet... which blows up in a dramatic cloud of smoke.)
Letters: "That's..." (He looks at Bugs, then has to ask:) "How did you know that would work?"
Bugs: "Eeeeh, it was nothin' to fool them, Doc. *crunch*crunch* Those was just dum-dum bullets, after all."
(Theodor groans and the Baron rolls his eyes.)
Letters: "May we leave now? I think its time..."
Bugs: "Sure Doc
I gotta appointment with Elmer Fudd anyways an' I don't wanna be late. Just a sec." (He dashes off stage right into the ship, and then almost instantly reappears, with something in his arms.) "Here, before I go, I found this layin' around downstairs... someone could hoit themselves on this." (He hands an enormous plug to the Baron.) "Ta-ta, Doc! The way out is thataway." (He points to starboard, then vanishes in a puff of speed-smoke.)
Theodor: "Admiral... a plug? It looks like a bathtub plug only much larger."
Letters: "So it is.... I wonder where he got it from...?" (As soon as the words leave his mouth, his eyes widen as he hears a dreaded sound coming from his ship.)
Theodor: "Oh no."
(As the crew tosses life-rings about, Derfflinger sinks like a stone.)
(The Baron and Captain Theodor float disconsolately on their life-rings, watching the bubbles rise from the spot where Derfflinger went down.)
Letters (with a sigh): "Ach... at least things can't possibly get any worse."
(A British naval officer drifts by - he looks a lot like a cartoon version of Terry Thomas. Sighting the Germans, he paddles over with a cheerful look. His life-ring is stenciled "HMS Pinafore".)
BN officer: "Ruddy bad luck, eh, wot? Care for a spot of tea?"
(He waves a steaming teapot. Suddenly he perks up even more.)
"Oh I say! Your leis are positively fetching!"
Theodor (groaning): "It's worse."
(The Baron looks as if he's finally had enough)
Letters: "That's it!" (Reaches into his jacket and pulls out a wad of typed papers, which he waves on high.) "I'll have you know I insured Derfflinger with Lloyds of London for 10 billion Deutschmarks!"
(There ensues a dire sound of screaming, wailing, and bell ringing from the direction of London. With a deep rumble, a gigantic arm reaches down from the clouds above, plucks Derfflinger from the sea and shakes the water out of it as you would a child's bathtub toy. Theodor watches in amazement. )
Theodor: "What - how?"
Letters (with a dry chuckle): "I happen to know Herr Warner has been a heavy investor in Lloyds... and he's quite a cheapskate."
(Derfflinger is set afloat again, and her crew appears at the railing, looking none the worse for wear, if somewhat confused. With merry cheers, the sailors pull Capt. Theodor and the Baron from the sea. With decorous haste, Derfflinger steams away. In a few minutes they pass through the strange cloud and reality snaps into place, leaving them feeling a bit depressed and relieved both at the same time. The leis and other 'toon alterations fade away. Capt. Theodor jumps a bit, as if something just startled him awake.)
Theodor: "Oh! I was dreaming for a moment, wasn't I?"
Letters: "I think perhaps we all were. Carry on, Captain."