Paul Terry produced two cartoons for Twentieth-Century Fox based on Ernie Bushmiller's "Nancy" comic strip. In this one, Nancy, Sluggo and the gang raise money for the USO. It looks like a variation on the Hal Roach "Our Gang" series and I don't know how it relates to the comic strip. When I knew it in the sixties, "Nancy" consisted of Nancy, Sluggo and occasional appearances by Aunt Fritzi, the original flapper subject of the strip.
Nor am I particularly impressed by the cartoon, since there is little to it that could not be done live action. Still, the gags are well constructed and organized. It's certainly good enough for one viewing.