We had a great version of this on that oddball folk song album by, I think, Gibson, or maybe Shep Ginandes (well, somewhere among the G's). The album is titled I believe Offbeat Folk Songs. It had the husbands and wives lyric, and more verses than any other version. I can sing this one, but I can't read the books about it without tearing up. We also used to sing the chorus, when we were kids, as Uncles and Aunts, little children lost their pants...