An oil company is exploring two Arctic sites for oil. The needed blasting at the first site rocks Santa Claus' North Pole village. He realizes that any blasting at the second site will destroy his home. He enlists the aid of a woman and her children to convince her husband (who works for the company) that the first site is where the oil they want is. Along the way, Santa explains all his secrets in delivering presents all around the world.
Mickey Rooney plays Mike Halligan, a retired cop from Manhattan living in California with his family who decides to show his grandson, who has never seen snow before, what a real white Christmas in New York is like. But he dies from a sudden heart attack in which Halligan makes a deal with the Archangel of Heaven to return to Earth for a week until Christmas and show his grandson the seasonal glories of New York City.
An aging actress living in her Hollywood mansion with a retinue of elderly servants employs a new, mentally disturbed, personal assistant who schemes to take over the large estate.
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