One day, Lord Droon sneaks into the king's stilts closet and steals those silly red stilts. Dun dun dun.
While sneaking off with the stilts, he runs into Eric and commands the boy to go bury the king's stilts.
It's an odd request, but the pageboy complies because he's a pretty obedient little guy (29-48), and he has no reason to believe that Lord Droon's up to something.
When he discovers the disappearance, the King is predictably heartbroken. We're talking major mope-fest here.
So what does sneaky Lord Droon do? He tells the king that the townsfolk were the ones who stole the stilts because they thought the king looked ridiculous (49-52).