Well, it sounds so much like WYNKEN, BLYNKEN, AND NOD that I wonder if your dad just changed the names:

WYNKEN, BLYNKEN AND NOD
(Eugene Field)

Wynken, Blynken and Nod one night
Sailed off in a wooden shoe,
Sailed on a river of crystal light
Into a sea of dew
Where are you going and what do you wish
The old man asked the three
We've come to fish for the herring fish
That swim in the beautiful sea
Nets of silver and gold have we
Said Wynken, Blynken and Nod

So all night long their nets they threw
To the stars in the twinklin' foam
Then down from the sky came the wooden shoe
Bringing the fisherman home
'Twas oh so pretty a sail it seemed
As if it could not be
And some folks thought 'twas a dream they'd dreamed
Of sailing the beautiful sea
But I shall name you the fisherman three
Wynken, Blynken and Nod

Wynken and Blynken are two little eyes
And Nod is a weary head
And the wooden shoe that sailed the skies
Is a wee one's trundle bed
So shut your eyes while Mommy sings
Of the wonderful sights that be
And you shall see all the beautiful things
As you rock in that misty sea
Just like the fisherman three
Wynken, Blynken and Nod
Just like the fisherman three
Wynken, Blynken and Nod

I found this on a Web site that specializes in children's songs:

http://www.stairway.org/kidsongs/index.html