Bugs Bunny is standing at the base of the famous Brooklyn Bridge, presumably somewhere near the Bowery of the title, telling an old man a story, in carnival-barker style, about how and why Steve Brodie jumped off the bridge.

Bowery Bugs is a Bugs Bunny cartoon directed by Arthur Davis, written by Lloyd Scott and Bill Turner, and released in mid-1949 as part of the Merrie Melodies series. It stars Bugs Bunny (voiced by Mel Blanc) and Steve Brody (voiced here by Billy Bletcher), who was based on the real-life Brooklyn bookmaker Steve Brodie, who claimed to have jumped off the Brooklyn Bridge.

Brodie had had a terrific run of luck, all bad. He decided he needs a good luck charm and heads for the country, as Bugs says, "To the forest primeval! To Flatbush!" -- to search for a rabbit's foot.