... and the price goes to Masato.
The song is entitled "Freiburger Urbummellied" in older student song books and its origin is ascribed to the students in Freiburg/Baden, Germany.
The tune is useWolfgang remarked). With the boy scouts we sang a nonsensical song to the same tune:
"Beautiful is one silk hat, but better is to have two. Juchheidi and juchheida, schnapps is good against the cholera, ... schnapps is good for me" and so on till a dozen.
Another version of the tune with the identical chorus "uppheidi and juppheida, schnapps..." is the famous song about the "Doctor Eisenbart", an itinerant medic.
Juchheidi is an exclamation of joy, juchheida a variation for a different sounding when repeated. The same goes for tralali, tralala.