The mean and miserly proprietor of a counting house in 1840's London receives a warning from ghosts to prevent a future where he’s dead and forgotten.
In a revue format, highlights include Maria singing as Jenny Lind, Storch does his impression of a Russian radio reporter describing a baseball match, Ray sings at a revival tent, and at a nightclub, Shirley sings and dances at an old time family reunion, Storch plays an actor in a boarding house that does short bits using props.
Vaudeville performers, Skip and Bonny, have marital difficulties when he hits the "Big Time", which are compounded by his drinking problem.
Famous songs, dances and skits are performed including I Got Rhythm by Ethel Merman.
In this musical/comedy, the Brooklyn Hooligans ball club is having troubles. Its manager, Gabby Mullins, fears they'll go broke without a cash infusion. To the rescue comes opera star Dorothy Meadows, a baseball fan, who falls in love with home run slugger Ted Warren.
A blowhard banker's tomboy daughter upends her family and community by trying out for the high school football team.
The 1956 line of Chrysler, Plymouth and Desoto automobiles is promoted during commercials and sketches. Jack Benny delivers a monologue, with interruptions from Frankie Laine and Joe Besser; in an in-joke about Laine, Besser cracks a whip and sings Mule Train. To keep the sponsor happy, Benny sells his Maxwell to a Japanese gardener and buys a new 1956 Plymouth. Jack's jokes are interrupted by a singing Gary Crosby, who tells him that his father Bing bought the airtime. Benny is upstaged while signing an autograph for a little girl, who takes his violin and plays beautifully. Songs by Marilyn Maxwell, Frankie Laine and The Sportsmen Quartet. Chrysler tells Jack they want him to keep the Maxwell to contrast their cars, so he goes searching to buy it back, only to learn that Gracie Allen has bought it to use as a garden planter.
Red Skelton emcees this episode saluting million selling records. Guests and their songs are Rudy Vallee ("Whiffenpoof Song"), Martha Tilton with trumpeter Ziggy Elman ("And the Angels Sing"), Georgia Gibbs ("Tweedle Dee"), Gene Austin (medley including "My Blue Heaven"), Frankie Laine ("Jezebel"), The Andrews Sisters (medley of hits), comedians Eddie 'Rochester' Anderson and Flournoy Miller (Mack and Moran's comedy "Early Bird Catches the Worm"), and a Vallee and Gary Crosby duet ("Play a Simple Melody").
Rory comes on to promote his latest film. William and Jack Have a running gag about other talented comedians. NanetteFabray is a non-stop talker in a sketch with Jack Benny. Johnnie Ray croons several songs.
Re-run of the Shower of Stars adaptation of Dicken's "A Christmas Carol", originally shown Dec. 23, 1954. Scrooge is redeemed through meeting with four ghosts.
Jack introduced his guests, bantering with each one. A courtroom skit has Jayne as Jack's defense lawyer. Vince shows up in shorts from a game show booth. Liberace plays classical piano.
After many years of claiming to be perpetually 39 years old, Jack Benny celebrates his 40th birthday. Rochester is out sick and is replaced by Andy Devine as Jack's butler Andy. As Jack notes, the voice is the same. At the end, Jack remarks, "If I'd known it was going to be like this, I would have had it sooner."
Jack Benny shows the TV audience what goes into putting together a show, which includes tricking the cast into working for half-salary.