[1st verse:] I had a wonderful dream last night I never saw such a lovely sight I dreamt that the warring nations were at a ball There wasn't anyone talking fight They realized that it wasn't right And this is just what I noticed in the hall [Refrain:] The King of England danced With the President of France The Crown Prince of Germany Danced with the King of Hungary They all laid down their swords While the different Dukes and Lords All shouted "We don't want any more talk of war talk" They started drinking to each other like brothers They drank a toast to each other's flag The Russian Czar said to the Kaiser "Let's drink some Budweiser" Then he shook his hand while a German band Played an American rag [2nd verse:] The Russian Czar wet his lips with wine And started whistling the "Wacht am Rhein" The Kaiser sang "Tipperary" without a pause They kept it up till the break of day Then when they started to go away The whole world rang out with gladness just because