This cartoon was colorized in 1992 by Turner Entertainment Company, with each frame traced over onto a cel. Each cel was then painted in color and photographed over a colored reproduction of each background.
Early Merrie Melodie is primarily of interest for its use of Gus Arnheim's Band to perform the title song. The gags and animation are pretty awful, looking like third=rate Disney animation. You'd be better off finding a good copy of the original Brunswick record.