The chorus when we used to sing it was

"Murder treason rape and arson
When the red revolution comes"

The first verse was

"We'll make Monty Burton wear a fifty shilling suit"

Now much dated: ref to two now defunct rival high street cheap clothes outlets called Montague Burton Ltd and The Fifty Shilling Tailors. Those were the days!, when you could get a suit for two pound ten shillings, ie £2½.

FWIW I had a couple of Montague Burton suits made in my 1950s student days, for 12 guineas each IIRC: they were actually excellent value! Also got my first Dinner Jacket {'tuxedo'} suit there for Cambridge May Balls &c. I think Burtons still exist under another name ~~ Arcadia or some such. If of interest, see wiki entries under Sir Montague Burton, Burton Clothing, Fifty Shilling Tailors (who became John Collier at one time).

~M~