Nokomis makes a huge feast for Hiawatha's wedding celebration. People from all over show up in their best clothes because they respect Hiawatha and because everyone loves a good feast.
After they've eaten, the people smoke and ask a dude named Pau-Puk-Keewis to dance for them.
Pau-Puk-Keewis is a dude that men hate and women love. The men think he's too girly and cowardly, since he never does men's work or fights in wars. Pau-Puk-Keewis couldn't care less about their opinions, though.
When Pau-Puk-Keewis is done, the people call on Chibiabos to sing some nice songs. So the guy does just that and everyone swoons.
The village bragger (Iagoo) gets jealous of all the attention Chibiabos gets from the crowd. So when everyone turns to hear him tell a story, he makes sure to tell a real whopper. Little does he know that his exaggerations have made him a bit of a joke among the villagers.
It turns out that the people love to hear Iagoo's stories because they find them funny in their exaggeration. But Iagoo musters all the sincerity he can to tell them a story about a great magician named Osseo.