Not sure if this is part of a vintage ad or taken from an olde timey recipe booklet. Regardless of its origin, it's an awesome idea.
Cook the bacon first. When it's done to your liking, pour some pre-made Aunt Jemima pancake batter over each bacon strip. Flip when bubbles start to appear on the uncooked side of the pancakes. Pancakes are done when they're a light golden brown on both sides.
In a 1 1/2-quart casserole, mix 2 cans of Franco-American Macaroni, 2 tsp. prepared mustard and 1 cup of cooked mixed vegetables. Cut a 12-oz. can of luncheon meat (think Spam) into strips; arrange around the edge of the casserole. Bake at 350˚ for 30 minutes. Makes 4 - 5 servings.