When hopes ran high the world was young,
We thought that we would never die,
And glorious were the songs we sung
In those grand days when hopes ran high.

When hopes ran high the world was true
We thought that friends could never lie—
There have been bitter truths for you
And me, since days when hopes ran high.

Henry Lawson

http://www.poemhunter.com/poem/when-hopes-ran-high/