And so it began
The story how Elzevir would look after John as his own son
And the smugglers betrayed on Moonfleet Bay
By Maskew looking now at Elzevir's gun

Then a shot rang out in the morning light
Maskew fell, a hole between his eyes
But it was his own men who brought him down
And they also got poor John, oh, they also shot poor John

Oh, it's a dangerous world, boys
Oh, with the smuggling crew
Oh, it's a dangerous life, boys
When you're running from the Revenue
When you're running from the Revenue

And so to escape it came now for Elzevir to pick up the boy and carry him away
For he could not walk with a bullet in the leg
And they made for the safety of the Purbeck cave

T'was there that John would read one night
The words in the locket by candlelight
For the Bible verses held the key to Blackbeard's hidden treasure
At the bottom of a Castle well

Oh, it's a dangerous world, boys
Oh, in a smuggler life
Oh, in the days of our age, boys
That's where the secret of the Treasure lies
That's where the secret of the Treasure lies

That's where the secret of the Treasure lies
That's where the secret of the Treasure lies

Oh, we're going to be rich, boys
The treasure we will find
Blackbeard's bones are dancing here tonight
Yes, we're going to be rich, boys, 
The treasure we will find
At fourscore-feet-deep-well-North is where it lies