Is it worth it A new winter coat and shoes for the wife And a bicycle on the boy's birthday It's just a rumour that was spread around town By the women and children Soon we'll be shipbuilding Well I ask you The boy said 'dad they're going to take me to task But I'll be back by christmas' It's just a rumour that was spread around town Somebody said that someone got filled in For saying that people get k**ed in The result of this shipbuilding With all the will in the world Diving for dear life When we could be diving for pearls … It's just a rumour that was spread around town A telegram or a picture postcard Within weeks they'll be re-opening the shipyards And notifying the next of kin Once again It's all we're sk**ed in We will be shipbuilding With all the will in the world Diving for dear life When we could be diving for pearls … With all the will in the world Diving for dear life When we could be diving for pearls