There's many a little debt we've got to square;
A sniper sent a bullet through my bunkie's 'ead last night,
And 'is body's lying somewhere h'over there.
Oh, we 'ear a lot of rumors that the war is h'almost through
But Hi'm thinking that it's only arf begun;
Every soldier in the trenches has a little debt that's due
And Hi'm telling you it's not a money one.
We 'ave 'eard the bullets whistle and we've 'card the shrapnel sing
And we've listened to a dying comrade's pleas,
And we've 'eard about the comfort that the days of peace will bring,