After an opening gibe at radio giveaway shows, Fred and Portland ask the locals if radio comedy is still holding up. Fred goes to meet George Jessel at Lindy's.
At the top of the show, Allen announces that they're ending their guarantee to match any money a listener fails to win if they're called by a giveaway show while listening to Fred Allen. The Allen show was falling in the ratings, the victim of a game show called "Stop the Music", and Allen seemed to be tremendously bothered by this. His series would end the following spring.