After the principal of P.S. 88 is turned into a frog by a bumbling magician, the frog bargains for the chance to act as principal until Mr. Bundy returns from his "family emergency."
In this version of the Andersen tale the vain principal of P.S. 88 is persuaded by two tailors that they will make him an amazing, one-of-a-kind, suit that will be visible only to intelligent people who are good at their jobs.