There'd be a blue out the back 
And we'd all rush from the bar to take a look
Drover Pat and Billy argued
Been drinkin' in the heat all afternoon
They were rollin in the dirt, fists were flyin
Things were gettin' rough
When Billy stated bleedin'
the Publican said "fellas break it up"

chorus
Shake on it, 
just put it there 
That's the way it's always been round here
You can trust a man 
when he held out is hand and said
"Lets shake on it"

They were battered and bruised 
When Pat and Billy picked themselves up
They looked each other over
Two friends appeared from behind the sweat and dust
Billy picked up his hat, and clipped his old mate on the ear
and said "We'll call it a draw Pat, 
but i reckon you owe me a beer"

chorus

Now the years have rolled by
and they still disagree 
But that old handshake's as firm
as it used to be

chorus