Fairy Tale Parade

Dagbert, the son of a king who has fallen upon hard times, goes out to seek his fortune. He kills a dragon and bathes in its blood. He finds a hoard of gems in the dragon's cave and goes to a nearby castle to share the treasure with its king if he will send men to help transport the gems. The King and his men go with Dagbert but try to kill him when he shows them the treasure. However, bathing in the dragon's blood has made him immune to harm and he kills the traitorous crew and becomes the new King.