Mix ground beef, crumbs, onion, milk, egg and next four seasonings.
Gently shape into 1 inch balls.
Melt shortening in large skillet; brown meatballs.
Remove meatballs from skillet; drain off fat.
Heat chili sauce and jelly in skillet until jelly is melted; stirring constantly.
Add meatballs and stir until coated.
Simmer 30 minutes.