Bud Abbott and Lou Costello welcome guests including: Jane Russell; Rhonda Fleming; A&C stalwarts Connie Haines, Bobby Barber and Mike Ross; actress Beryl Davis; actors Tony Martinez, Nestor Paiva, Frank Richards, Benny Rubin, Jim Hayward and Ken Mayer; Jack Shea; Baby Mistin; Donna Kaye; announcer Hal Sawyer; and Al Goodman and his Orchestra.

In comedy highlights, the boys are flat broke in a bording house in the Latin American country of Bolamania. They rehearse a magic trick, hoping to get a job at a nightclub. Then Lou gets the great idea of impersonating the El Presidente!

Also, take offs on Liberace and You Bet Your Life.