The captain goes down with the ship
But this captain is bailing fast
If we don't, we’ll all take a dip
And this trip ain't gonna last

The bilge is fillin' with water
And the seas are crashin’ in
But as captain, I think that I've got her
'Cause this boat is filled with my kin

We're going down, down, this boat is sinking
Down, down, salt water we're drinking
Down, down, the boat is sinking
And this boat is going down

I see fishes swim past the porthole
The water is pouring downstairs
And the face on the tin of tobacco
Floats by and saltily glares

But just as I start to go hopeless
Just as I give in to remorse
The hull of the ship hits soft sand
And 'down' is no longer our course

For the tide is gently receding
Beach us long enough to repair
And then we'll sail off to the sunset
Hand in hand, our journey is fair

We’re going down, down, this boat is sinking
Down, down, salt water we’re drinking
Down, down, the boat is sinking
And this boat is going down

We're going down, down, this boat is sinking
Down, down, salt water we’re drinking
Down, down, the boat is sinking
And this boat is going down