Popeye comes to Mexico to see Olive Oyl. He whomps up a few of the locals before going to the bar where Olive dances. He gives her some flowers. She steps into a spitoon and does a fun dance while trying to get out of it. Then Bluto arrives. There is a 'wanted' poster on the wall. Bluto and the poster notice one-another.
Bluto and Popeye have a battle in the bar. Then, Bluto gets his friends involved. Everything is moving in time with the music soundtrack.
The battle moves to Olive's dressing room. After eating spinach, Popeye stomps Bluto and sends him around the world.
Typical Popeye. Fun mutterings by Popeye, too.
Beware the colorized version.