Grimy looking Santa plops down the chimney, as the two kids sleeping in the house wake up to his maniacal laughter. They approach this soot-covered degenerate-looking stranger in their living room, sit on his lap, as he tells them "a story you'll always remember", a monkey Christmas. Monkeys swimming in a small pool, building houses, getting haircuts and manicures, hot foot baths before bed, bobbing for apples, while the two kids (and the few people watching this thing) try to figure what this all has to do with Christmas?
"Don't believe in Santa Claus? You might as well not believe in fairies" he tells the kids. Oooookay. After eight minutes of this, the kids look noticeably bored, so it's off to bed for the little dimbulbs to have probably the oddest dreams of their young lives. The film ends with another shot of Santa's creepy ass cackling, as he glares intently at the camera.
The film appears to be silent footage, with voices dubbed in later, and some canned Christmas music scattered throughout. No technical credits (aside from the title) and no credited cast.