Vers 1 met chords.

Em
As I went out one morning,
.......... G ............ Am ...... Em B7
I was singing a country song.
.. Em
I met a man with a microphone and,
B7 ................... Em
Oh, he did me wrong.
.................. B7 ... Em .... B7
He sat me on a grassy bank
.......... C ......... D7 ... G B7
And whipping out a tape,
..... Em
He took my country ditty down
.... B7 ................ Em
Before I could escape.
.............................. Am .......... G ............... B7
With a whack for Leadbelly, Lomax and Seeger
........ Em ........ B7 ........ Em
And Burlie old Ivey and all.

To Tin Pan Alley he took my song and there he chanced to meet
A publisher who cleaned it up and gave the tune a beat
And now they rock and now they roll and now they pay a fee
To that false young man with the microphone and nobody thinks of me

With a whack for Leadbelly, Lomax and Seeger and Burlie old Ivey and all

I'll sell my rack, I'll sell my reel and buy a steel guitar
I'll take a ticket to London Town and sing in a coffee bar
I'll sing until I'm famous and when I am on T.V.
I'll tell the world of the false young man and what he did to me

With a whack for Leadbelly, Lomax and Seeger and Burlie old Ivey and all

Never trust a collector, girls, whoever he may be
When his hands upon his microphone and not above your knee
He's thinking about your melody and not about your shape 
And he'll rob you of your copyright with a reel of recording tape

With a whack for Leadbelly, Lomax and Seeger and Burlie old Ivey and all