Gibb Sahib, I have to say, I'm quite relieved, as I cannot imagine the West Indians would have accepted the c*** word, and neither would the recording company!
As to the shorts, again, it's possible, the guy might be comparing his own clothes to the usurper in his snazzy trousers.
Oh, I so wish we could find a copy of the actual lyrics. I admire Jim Dixon's excellent efforts, but there are still some hard-to-hear words. I've tried Googling, but I don't think they're anywhere to be found.