Blackpool was a famous seaside vacation spot for Londoners around the time that Anderson wrote these lyrics. Thus the lyric "going up the pool, from down the smoke(london) below". The Iron Tower was basically a lighthouse and politicians are mentioned because they tended to frequent the vacation spot as well... Edward Bear refers to a politician that took a lot of criticism around Andersons time.
Blackpool was a famous seaside vacation spot for Londoners around the time that Anderson wrote these lyrics. Thus the lyric "going up the pool, from down the smoke(london) below". The Iron Tower was basically a lighthouse and politicians are mentioned because they tended to frequent the vacation spot as well... Edward Bear refers to a politician that took a lot of criticism around Andersons time.