Reviewed the position from starboard to port:

"It's small craft again, but we're terribly short;

Let us pray for the Empire whose sun never sets;"

Then the fishing fleet pensively hauled in its nets.

And rolling with laughter, at varying speeds

The New Navy sped to the Old Navy's needs;

Unblushingly paintless, by units or lots,

Came drifters and trawlers and whalers and yachts;

And, heedless of Discipline Acts, I've been told,

The New Navy cheerfully winked at the Old.