Here are the rest of the lyrics. It's an old Navy song. When I was a kid my father, now 93, would sing the lines about the officers riding in a motorboat, the captain riding in a gig. Here's the whole song, courtesy of Google:

FOAM IN THE NECK OF THE BOTTLE

Oh, it isn't the pitching and tossing
Or the foam on the crest of the waves,
It's the foam in the neck of the bottle
That's sending us down to our graves,

CHORUS:
Singing tourelai tourelai tourelai
Tourelai tourelai ay
It's the foam in the neck of the bottle
That's sending us down to our graves.

Oh, the officers ride in the motorboat
The captain he rides in his gig
He don't ride a dog-gone bit faster
But it makes the old bugger feel big.

CHORUS

Oh, the officers eat in the wardroom
The captain don't eat with the boys
He don't eat a dog-gone bit better
But the old bugger can't stand the noise.

CHORUS

Oh, the officers sleep in the bunkroom
The captain he sleeps in his bed
He don't sleep a dog-gone bit better
But the bugger is nearer the head.

CHORUS

The officers ride in the motorboat
The admiral rides in his barge
He don't ride a dog-gone bit faster
But it gives the old bugger a charge.

CHORUS

Oh, the officers they all wear stripes of gold
The chiefs they all wear a crow
It don't make a dog-gone bit of difference
But it sure makes the seamen feel low.

CHORUS

The officers ride in the motorboat
The President, he rides in his yacht
He don't go a dog-gone bit faster
But it makes the old bugger feel hot.

NOTE: My guess is that "dog-gone" and "bugger" were not the way the song was sung during the war.