From the Sailing To Philadelphia album. Don't you love the sound. Of the last laugh my friend. Don't you love the sound. Of the last laugh at the end. Down in the gutter. With the mad old soldiers. Down in the scuppers. With the drunken sailors. Down in the gutter. With the mad old soldiers. But the last laugh baby is yours. And don't you love the sound. Of the last laugh goin' down. Games you thought you'd learned. You neither lost nor won. The dreams have crashed and burned. You still keep on keepin' on. Out on the highway. With the road gang workin'. Up on a mountain. With a cold wind blowin'. Out on the highway. Was a road band workin'. But the last laugh baby is yours. And don't you love the sound. Of the last laugh goin' down. They had you cryin'. And you came up smilin'. They had you crawlin'. And you came up flyin'. They had you cryin'. And you came up smilin'. And the last laugh baby is yours. And don't you love the sound. The last laugh goin' down?. Well don't you love the sound. Of the last laugh goin' down.