Host Jack Benny tries to upstage Liberace with his outfits, than with his musical ability. Renown violinist Rabin is given instruction by Jack and the two are joined by Morey in performing an offbeat version of Beethoven.
Groucho hosts plus reviving two popular characters Captain Spaulding and Professor Quackenbush. Juggling folk duo Times Square Two perform. Soupy becomes the Great Explodo while Burns and Schreiber entertain with their cab driver/passenger routine.
Mitzi sings and dances through several cute seasonal costumes and sings a variety of classic holiday numbers. A highlight is Santa Claus played by Johnny Carson's Tonight Show sidekick Ed McMahon, seriously getting into the part, and Cyril Ritchard and Tony Tanner as a lighthearted Ebeneezer Scrooge and Cratchit singing "Where would You Be Without Me?".