I've been loving you a long time
Down all the years, down all the days
And I've cried for all your troubles
Smiled at your funny little ways

We watched our friends grow up together
And we saw them as they fell
Some of them fell into heaven
And some of them fell into [bad word] 
I took shelter from a shower
And I stepped into your arms
On a rainy night in Soho
The wind was whistling all its charms

I sang you all my sorrows
And you told me all your joys
Whatever happened to that old song
To all those little girls and boys
Those little girls and boys

Now the song is nearly over
We may never find out what it means
But there's a light I hold before me
And you're the measure of my dreams
The measure of my dreams

These last two verses are not sung by Nick, but are part of the original song as written by Shane MacGowan:

Sometimes I wake up in the morning
The gingerlady by my bed
Covered in a cloak of silence
I hear you in my head

I'm not singing for the future
I'm not dreaming of the past
I'm not talking of the fist time
I never think about the last

Now the song is nearly over
We may never find out what it means
Still there's a light I hold before me
You're the measure of my dreams
The measure of my dreams