Thank you so much, Bob. This appears to be it. Since my inquiry, I got ahold of a Seeger discography, and found that The Quizmasters appeared on a 1960 Folkways LP called Highlights of Pete Seeger at The Village Gate with Memphis Slim and Willie Dixon (interesting collaboration).
I've heard the name Ernie Marrs. I know nothing about him except for the fact that in Pete's book, Where Have All The Flowers Gone, he publishes a photo of Marrs, and calls him "one of the best wordsmiths I know."
I look forward to the rest of the lyrics if you have time. Thanks, again.