Lyrics:

Sleep and dream
Little Wolf, so peaceful
Oh, so beautiful
Dreaming of his life
Dreaming of better days
What does he see, that makes him sleep so tranquilly?

Sleep and dream
Little girl, so peaceful
Oh so beautiful
Dreaming of lovely things
Made in fairy-tale land
What does she see that makes her smile so happily?

Sleep and dream
Little one that was me
See the marketplace of the past
See the well, see the forest, see the circle
See the hanging men...
And did they hang the little wolf too?
Good, that not all dreams come true