[1st verse:] England and Italy and Germany and France We came here to discuss the debts And we're leaving with no regrets For England and Italy and Germany and France We have more than reached our aim And we're mighty glad we came [Europe's Refrain:] We've had a lovely conference with the U.S.A. We'll pay our debts in silver and we'll be glad to pay In a month or two we think we can pay our debts in zinc And the next year we'll begin paying off what's left in tin Oh, how we love America for she never makes a fuss That's why we love America and America loves us We'll tell our countries what we did and they're bound to say If you think we can pay them off in wood, go back to the U.S.A. [2nd verse:] England and Italy and Germany and France Here's some news that you ought to know Off the gold standard we must go Like England and Italy and Germany and France We are going to inflate And we're very glad to state: [America's Refrain:] Let the pound go up, the franc go up, the mark go up as well Uncle Sam will be in Heaven when the dollar goes to Hell For the stocks go up, the bonds go up, when no one wants to sell Uncle Sam will be in Heaven when the dollar goes to Hell Of course, our friends won't like it across the ocean blue But we can greet our neighbors with a hey nonny nonny and a nuts to you Let them call us this and call us that but while they scream and yell Uncle Sam will be in Heaven when the dollar goes to Hell [Europe's refrain is then sung in counterpoint with an altered Stanza and a half of "The Star Spangled Banner"]
https://primoaccordo.net/irving-berlin/debts.htm