Hmmm. I guess I should have done more homework. Mr. Google says I have the recording, and the book with the recording has the lyrics. The song is a parody of "Hullabaloo Belay." I'll crosslink to the related songs, so you'll get an idea of the origins.
-Joe Offer-

Side by Side
Lee Hays and Earl Robinson

There stood a house upon the hill
Hullaba belay
Hullabaloo belah belay.
And in this house eight men did dwell
Hullabaloo belay.

One stood up and shook his fist...
I'll get stronger than the rest"...

He first began to cheat and steal...
He then set fire to their fields...

They turned their heads and let him be...
Then he upped and murdered three...

It made no difference where he stood...
He left a footprint red with blood...

He murdered three and wanted more...
He turned upon the other four...

But when this murder he did try..
He found them standing side by side...

Side by side they fought that day...
They left his bones to rot away..

This is the ending of my song...
One was weak but four were strong...

Source: Songs for Political Action, Bear Family Records

tune: Hullabaloo Belay