<Li> "We've Only Just Begun" Released: August 21, 1970 </Li> <P> Close to You is the second studio album by American duo The Carpenters, released on August 19, 1970 . In 2003, the album was ranked number 175 on Rolling Stone Magazine's list of the 500 greatest albums of all time . The album contains the hit singles "(They Long to Be) Close to You" and "We've Only Just Begun". "(They Long to Be) Close to You" was the duo's song that gained the Carpenters an international reputation for a decade . The album topped the Canadian Albums Chart and peaked at #2 on the US Billboard albums chart . It was also successful in the United Kingdom, entering the top 50 of the official chart for 76 weeks during the first half of the 1970s . </P> <P> "(They Long to Be) Close to You" was the first Burt Bacharach / Hal David composition Carpenters covered . The song was recorded time and time again during the sixties, but didn't do well at all until the Carpenters version . It became Richard and Karen Carpenter's first RIAA - certified Gold single, as well as their first Billboard Hot 100 single that reached the Top 10 . It stayed at number 1 for 4 weeks, and became Carpenters' iconic song . </P> <P> "We've Only Just Begun" started out as a commercial for Crocker Citizen's Bank in 1970, composed by Paul Williams and Roger Nichols . The commercial showed a couple getting married and starting their life together . In August 1970, it became the Carpenters' second RIAA - certified Gold single . Richard regards this as the duo's signature song . </P>

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