During the period when Paul Terry released through Educational Pictures, he produced some of his most sophisticated cartoons. He also produced works like this very late synchronized sound cartoon with lots of gags pulled out of his silent pictures to cut down on scripting costs and looping to keep down production costs. Since they were proved gags, they could be put together and produce an amusing work, full of mice heroes who ride jointed marionette horses. It's just that there's nothing superior about it.
Of course, that was Terry's saving grace as a producer: he came in on budget, met his contracts and amused his target audience, the small kiddies. Except for the pro-wrestling bulls in this one, there's nothing for anyone older.