Thanks Gnomad - one word make all the difference but I'm not sure this will be the song if The Auld Grump's grandfather had it on a 78. Perhaps Bogle was drawing on the line of song for his inspiration.

Anyone else able to assist.

Have you stood by the ocean on a diamond-hard morning
And felt the horizon stir deep in your soul
Watched the wake of a steamer as it cuts through blue water
Been gripped by a fever you just can't control
Oh to throw off the shackles, and fly with the seagulls
To where green waves tumble before a driving sea wind
Or to lie on the decking on a warm summer evening
Watch the red sun fall burning beneath the earth's rim
Chorus
   But to every sailor comes time to drop anchor
   Haul in the sail, and make the lines fast
   You deep water dreamer, your journey is over
   You're safe in the harbor at last
   You're safe in the harbor at last


Some men are sailors, but most are just dreamers
Held fast to the anchors they forge in their minds
Who in their hearts know they'll never sail over deep water
To search for a treasure they're afraid they won't find
So in sheltered harbors they cling to their anchors
Bank down their boilers and shut down their steam
And wait for the sailors to return with the treasures
That will fan the dull embers and fire up their dreams

And some men are schemers, who laugh at the dreamers
Take the gold from the sailors and turn it to dross
They're men in a prison, they're men without vision
Whose only horizon is profit and loss
So when storm-clouds come sailing across your blue ocean
Hold fast to your dreaming for all that you're worth
For as long as there're dreamers, there will always be sailors
Bringing back their bright treasures from the corners of earth

Davebhoy