I know this thread is over a year old but just found it. My uncle was Dewey Hutchins. They wrote this song in the early 1960s. I have a copy of the album. Dewey was a lobbyist in Washington D.C. for Kodak. He lived there until 1989 and moved to Ft. Lauderdale where he passed away that same year.

It is indeed a nickel plated pocket knife, nit silver plated.