...And this is the Ethel Waters version which makes more sense lyrically:
HEEBIE JEEBIES
Transcribed from vocals by Ethel Waters and an unknown vocalist, recorded July 29, 1926.
From Ethel Waters 1925-1926, The Chronogical Classics, vol. 672.

Folks, today I got the blues,
Tried tonight, I just can't lose,
And the feelin' that I want to dance,
I'm warnin' you in advance!
But keep you from bein' in doubt,
I'm gonna tell you what it's all about:

Say, I got the heebies,
I mean the jeebies;
I'm talkin' about
Those heebie jeebie blues,
That they call it, boys,
Mix it in with a little bit of joy!
Say, don't you know it,
You should be shown these naughty blues,
I wanna teach you, so come on,
To do that dance,
They call the heebie jeebies!
Yes, ma'am!
Yes, mama's got to do the heebie jeebies dance!

[Spoken]
Oh, play it, Mister Lorence!
Hmmm, ain't it grand, ain't it grand!
Aaah, lord!

Oh, I got!
I'm talkin'!
About those heebies!
Lord, mix it in with a little bit of joy!
Say, don't!
Should be shown!
Just come on down, do that dance,
Called the heebie jeebies,
Yes, ma'am!
Mama's got to do the heebie jeebies dance!
Aaaw, I got to do that dance!