 After this, the Town Crier appears again, concluding the cartoon with a brief message ending with "All is well, all is well ...", and the camera pans back to the cuckoo clock where Rip, who has apparently muzzled the cuckoo, is finally sound asleep.The story takes place in a library, with all the characters coming to life from well known works of fiction, both classical and modern.Rip Van Winkle is the center of interest, as he cannot continue sleeping with the noise.