Jimmy Olsen is given a totem pole that supposedly grants three wishes. His first wish is for a Supergirl that can be Superman's girlfriend. The totem creates the Supergirl; she sacrifices herself saving Superman from kryptonite.
Jimmy's second wish is stolen by crooks, who wish Superman to lose his powers. Through trickery, Superman has them believe the wish failed. Jimmy uses the totem to return Superman's powers.
Jimmy's third wish is for Superman to return to Krypton to see his parents. Erroneously, Jimmy sends Supes back to before he was born.
Supes discovers that his parents were accused of working for the Kryptonian traitor Kil-lor. They are banished to an asteroid, where Supes battles Kil-lor. Once he is defeated, Jor-El proposes to Lara, and Superman returns home.