Knick Knacks is one of the terms for Knacker bones which probably go back to before speech was invented, certainly well before 1900. I don't normally indulge in these flights of fancy, but as someone has already mentioned the rhythmic qualities of the chorus here goes:- Knick-knack, pat and whack, rattle on yer bones, might have been a more apt original. We sing a similar song in Yorkshire called Old John Braddleum/ Old Jack Braddler which has a different tune, but recently I came across a version to the same tune as 'This Old Man'. The form is something like:- Number one, number one, now the fun has just begun, With a rum pum paddle-um, Owd joe braddleum, Jolly country lads are we.
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