Peter is a cheerful -- but not very obedient -- boy from a very ordinary family in pre-war Rotterdam. His many pranks amuse some and cause a lot of trouble to others, even making the front pages of the big city newspapers. His growing popularity brings him many new friends, but also some very powerful enemies.

Peter Bell and his Black Hand gang tangle with evil newspaper tycoon Stark once again, as the latter schemes to steal a priceless royal crown with his two cronies.