Yes Mrrzy, the ironic thing about it "being an atrocious song to sing to children", is that the original query was about the mystery song being a childhood memory, and the child being highly amused by the politically incorrect nature of the chorus line being belted out. The Sunday Mirror theatre critic was woke, before woke was called woke.

For context, this is where the review makes more sense.. it was being performed in a version of the pantomime Cinderella at Drury Lane in 1919. Mr. Arthur Collins was the impresario presenting the production.

Some of the Songs.—There is a rattling good song in " We Must, Have the Geddes as Well," but " The Worse You Are the More the Ladies Like You " is an atrocious thing to sing to children. " It's the bad lads that get the nice girls " declares the ballad writer. Mr. Collins should cut this out at once.   Sunday Mirror.