In the earlier song, the lyrics include the questions "How deep is the ocean?
[1] The song was written at a low point in Irving Berlin's professional and personal life, and is among the select few of his numbers that were introduced on the radio rather than on stage or film.
This song, together with "Say It Isn't So", were huge hits in 1932 and brought Berlin back to the top again.
The rest of the song is a series of rhetorical questions (including the title "How deep is the ocean?"
[3] In the 1940s Alfredo Antonini and his orchestra collaborated with Victoria Cordova and John Serry Sr. to record the song for Muzak.