Yep this is it… I saw this when I was a kid and it sort of stuck in my head, its the closing sequence from “The Truce Hurts” a 1948 Tom and Jerry cartoon Directed by:

William Hanna and Joseph Barbera…

Animation by:

Kenneth Muse
Ed Barge
Ray Patterson
Irven Spence

Distributed by:
Metro-Goldwyn-Mayer [MGM]

I tracked it down this morning by trolling through my complete collectors edition…