The clip above is Flowers and Trees, a 1932 Silly Symphonies cartoon directed by Burt Gillett and produced by Walt Disney. It was the first film ever released in full color (three-strip Technicolor process) and the first to win the Oscars for Best Short Subjects: Cartoons.
You can see the complete YouTube link list of Oscar-winning animated shorts from 1932 to 2007 at porphyre: what I do when I can't sleep blog - via NeedCoffee
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