One thing that struck me when I heard this and read some interpretations of it was that most people seem to interpret the chorus' last line as "I'll never see him again if I squeal to the cops," as in the Wolf, but I hear it as, "I'll never see 'em again if I squeal to the cops," as in his children, whom the wolf has threatened to steal.
One thing that struck me when I heard this and read some interpretations of it was that most people seem to interpret the chorus' last line as "I'll never see him again if I squeal to the cops," as in the Wolf, but I hear it as, "I'll never see 'em again if I squeal to the cops," as in his children, whom the wolf has threatened to steal.