Johnny: This town is full of guys Who think they're mighty wise Just because they know a thing or two Bobby: You'll meet them night and day Strollin' up and down Broadway Telling of the wonders they can do Johnny: Oh, sing it, Bobby boy! Bobby: I just did! Johnny: There's con men and there's boosters Bobby: There's card sharks and crapshooters Johnny: They congregate around the Metropole Bobby: If I knew what that meant I would agree with him They wear flashy ties and collars Johnny: Yes, but where do they get there dollars? Both: They all have got an ace down in the hole Johnny: Yes, and some of them write To the old folks for coin And that is their ace in the hole Bobby: And others have friends on the old Tenderloin That's their old ace in the hole Johnny: Why, they'll tell you of trips That they're going to make From Florida To the North Pole Bobby: The fact is their name would be mud
Just like a chum playin' stud Both: If they lost that old ace in the hole Johnny: Oh, yes, now, some of them write You'll find a lot of them write to the Bobby: Just a minute, just a minute, let the man play his piano solo Johnny: But, I want to sing tenor! Bobby: I don't really care if you sing ten or twenty minutes, after he's through playin' piano Johnny: Listen too 'em, I think I make it better than he does Bobby: Well, that's the nastiest remark I've ever heard Both: Listen now, if you don't like the way I sing, why don't you sing I think ... Sing Melancholy Baby! Sing something! ... Bobby: Why they tell you of the trips They're gonna make Over to Florida All the way up to the North Pole Johnny: Oh, it's sad, sad Bobby: Volare!! Johnny: But, their names would be mud Bobby: Like a chump playin' stud Both: If they lost That old ace Ace in the hole Bobby: Have another drink