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For a class project, Beaver has to bring in a picture of himself as a baby. His mother chooses a picture of Beaver lying naked on a bear skin rug, and Beaver is mortified. In order to not be embarrassed in front of his class, Beaver cuts the picture up and only hands in the part with his head in it.
Wally: Hey Beaver, come here a minute.
Beaver: What do you want, Wally?
Wally: I wanna show you something.
Beaver: What's wrong, Wally?
Wally: You just come in here and I'll show you what's wrong. (shows Beaver his baby picture in which he is nude) (Beaver's face looks shocked)
Beaver: Boy...boy...boy, oh boy.
Wally: Yeah Beaver. Those are the pictures mom sent to Miss Landers.
Beaver: Wally, how could anyone do this to a baby?
Wally: Oh well, heck Beaver. I've seen pictures like that in ads for talcum powder and stuff.
Beaver: Yeah, but no one knows who they are. Mine's gonna be put up on a bulletin board.
Wally: Gee, don't any of the other kids have pictures like that?
Beaver: Of course not. The only one with anything like that is Charles Fredricks. He's in bare feet and everyone laughed at that.
Wally: Yeah, you're gonna get the business alright.