The first Popeye cartoon ever, although it was marketed as a Betty Boop cartoon. It was also the first in a series of cartoons where Betty Boop met various characters from newspaper comics (Such as The Little King) in animated form. Naturally, Popeye was the only one who the Fleischer Brothers got any mileage out of. Very entertaining, like all the early Popeye's. Betty Boop makes only a small cameo, but it's hard to miss.
Try to get the black and white version, since the colorized version, I dunno. It just seems to take away some of the excitement.