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Ulahlica！ Ulahlica！ Ulahlica！
Zara： （Presenting Capt。 Sir Edward Corcoran； R。N。）
And lastly I present
Great Britain's proudest boast；
Who from the blows
Of foreign foes
Protects her sea…girt coast
And if you ask him in respectful tone；
He'll show you how you may protect your own！
SOLO Captain Corcoran
I'm Captain Corcoran； K。C。B。；
I'll teach you how we rule the sea；
And terrify the simple Gauls；
And how the Saxon and the Celt
Their Europe…shaking blows have dealt
With Maxim gun and Nordenfelt
（Or will when the occasion calls）。
If sailor…like you'd play your cards；
Unbend your sails and lower your yards；
Unstep your mastsyou'll never want 'em more。
Though we're no longer hearts of oak；
Yet we can steer and we can stoke；
And thanks to coal； and thanks to coke；
We never run a ship ashore！
All： What never？
Capt。： No； never！
All： What never？
Capt： Hardly ever！
All： Hardly ever run a ship ashore！
Then give three cheers； and three cheers more；
For the tar who never runs his ship ashore；
Then give three cheers； and three cheers more；
For he never runs his ship ashore！
CHORUS
All hail； ye types of England's power
Ye heaven…enlightened band！
We bless the day and bless the hour
That brought you to our land。
QUARTET
Ye wanderers from a mighty State；
Oh； teach us how to legislate
Your lightest word will carry weight；
In our attentive ears。
Oh； teach the natives of this land
（Who are not quick to understand）
How to work off their social and
Political arrears！
Capt。 Fitz。： Increase your army！
Lord D。： Purify your court！
Capt。 Corc： Get up your steam and cut your canvas short！
Sir B。： To speak on both sides teach your sluggish brains！
Mr。 B。： Widen your thoroughfares； and flush your drains！
Mr。 Gold。： Utopia's much too big for one small head
I'll float it as a Company Limited！
King： A Company Limited？ What may that be？
The term； I rather think； is new to me。
Chorus： A company limited？ etc。
Sca； Phant； and Tara （Aside）
What does he mean？ What does he mean？
Give us a kind of clue！
What does he mean？ What does he mean？
What is he going to do？
SONG Mr。 Goldbury
Some seven men form an Association
（If possible； all Peers and Baronets）；
The start off with a public declaration
To what extent they mean to pay their debts。
That's called their Capital； if they are wary
They will not quote it at a sum immense。
The figure's immaterialit may vary
From eighteen million down to eighteenpence。
I should put it rather low；
The good sense of doing so
Will be evident at once to any debtor。
When it's left to you to say
What amount you mean to pay；
Why； the lower you can put it at； the better。
Chorus： When it's left to you to say； etc。
They then proceed to trade with all who'll trust 'em
Quite irrespective of their capital
（It's shady； but it's sanctified by custom）；
Bank； Railway； Loan； or Panama Canal。
You can't embark on trading too tremendous
It's strictly fair； and based on common sense
If you succeed； your profits are stupendous
And if you fail； pop goes your eighteenpence。
Make the money…spinner spin！
For you only stand to win；
And you'll never with dishonesty be twitted。
For nobody can know；
To a million or so；
To what extent your capital's committed！
Chorus： No； nobody can know； etc。
If you come to grief； and creditors are craving
（For nothing that is planned by mortal head
Is certain in this Vale of Sorrowsaving
That one's Liability is Limited）；
Do you suppose that signifies perdition？
If so； you're but a monetary dunce
You merely file a Winding…Up Petition；
And start another Company at once！
Though a Rothschild you may be
In your own capacity；
As a Company you've come to utter sorrow
But the Liquidators say；
〃Never mindyou needn't pay；〃
So you start another company to…morrow！
Chorus： But the liquidators say； etc。
King： Well； at first sight it strikes us as dishonest；
But if its's good enough for virtuous England
The first commercial country in the world
It's good enough for us。
Sca。； Phan。； Tar。 （aside to the King）
You'd best take care
Please recollect we have not been consulted。
King： And do I understand that Great Britain
Upon this Joint Stock principle is governed？
Mr。 G。： We haven't come to that； exactlybut
We're tending rapidly in that direction。
The date's not distant。
King： （enthusiastically） We will be before you！
We'll go down in posterity renowned
As the First Sovereign in Christendom
Who registered his Crown and Country under
The Joint Stock Company's Act of Sixty…Two。
All： Ulahlica！
SOLO King
Henceforward； of a verity；
With Fame ourselves we link
We'll go down to Posterity
Of sovereigns all the pink！
Sca。； Phan。； Tar。： （aside to King）
If you've the mad temerity
Our wishes thus to blink；
You'll go down to Posterity；
Much earlier than you think！
Tar。： （correcting them）
He'll go up to Posterity；
If I inflict the blow！
Sca。； Phan。： （angrily）
He'll go down to Posterity
We think we ought to know！
Tar。： （explaining） He'll go up to Posterity；
Blown up with dynamite！
Sca。； Phan。： （apologetically）
He'll go up to Posterity；
Of course he will； you're right！
ENSEMBLE
King； Lady Sophy； Nek。； Sca。； Phan； and Tar Fitz。 and
Zara （aside）
Kal。； Calynx and Chorus （aside）
Henceforward of a verity； If he has the temerity Who love
with all sincerity；
With fame ourselves we Our wishes thus to blink Their
lives may safely link。
link
And go down to Posterity； He'll go up to Posterity And as for
our posterity
Of sovereigns all pink！ Much earlier than they We don't
care what they think！
think！
CHORUS
Let's seal this mercantile pact
The step we ne'er shall rue
It gives whatever we lacked
The statement's strictly true。
All hail； astonishing Fact！
All hail； Invention new
The Joint Stock Company's Act
The Act of Sixty…Two！
END OF ACT I
ACT II
Scene Throne Room in the Palace。 Night。 Fitzbattleaxe
discovered；
singing to Zara。
RECITATIVE Fitzbattleaxe。
Oh； Zara； my beloved one； bear with me！
Ah； do not laugh at my attempted C！
Repent not； mocking maid； thy girlhood's choice
The fervour of my love affects my voice！
SONG Fitzbattleaxe。
A tenor； all singers above
（This doesn't admit of a question）；
Should keep himself quiet；
Attend to his diet
And carefully nurse his digestion；
But when he i