My eyes have seen the glory of the burning of the school
We have tortured every teacher
We have broken every rule.
We have snuck into the office
And we tickled (or hung) the principal.
Our truth is marching on!

Glory, glory, halleluia!
Teacher hit me with a ruler.
I popped her on the bean with a rotten tangerine
and her teeth came marching out!

Other versions of the chorus:

Hit her in the seater with a 50 millimeter...
Hit her in the butt with a rotten coconut...
Hit her in the face with a rock from outer space...
Hit her in the head with the pillow from my bed...
Hit her in the nose with her dirty panty hose...
Hit her in the hand with a giant rubber band...