May 3, 1954:
A comment remarked that the "Red Red Red" strip from a few days back was probably, actually, a reference to the Red Scare current around that time. The current events angle of this strip is rather more obvious to a reader 57 years in the future.
One of the most enduring gags of the strip, that of Lucy's utter ineptness as a fielder, begins here. It's a funny example of the type, too.
That piece of candy must be incredibly rich.
This is partly a callback to the very first Peanuts strip.
The fussbudget plot continues. Lucy still doesn't seem to comprehend sarcasm when it's used at her expense. This is classic Lucy here, the (literally) wide-eyed little girl is almost gone. Not completely yet, but she's getting there.
This joke isn't one of Schulz's best right here, but it does give us another glimpse of the prehensile talents of Snoopy's ears.