The song comes from an unidentified revue.
As mentioned in the second volume (pp. 183-184) of the publication "I Athinaiki Epitheorisi" (edited by Theodoros Chatzipantazis, Lila Maraka, Hermes Publishing Co. Ltd, Athens, 1977): "The Fifty-tou were a 'closed aristocratic Athenian club that supposedly took its name from the limited number of its members (fifty-two). During the first decade of the century, the 'Fifty-tou' became for the Athenian public the symbol of snobbery, pretension and xenomania of the Greek aristocracy. They were portrayed as sword-pretentious, too elegant and corny in revues. Men were effeminate, while women smoked and generally did things that society generally 'allowed' only men to do. They always used a very irritating mixture of French and Greek when they talked, adding also English words. And even if the 'Fifty-tou' had positive elements following Europe’s progressive trends (women’s emancipation, sexual tolerance, good performances in sports, etc.), these elements were buried under the grueling satire with which the Athenian society (and not only the world of the revue) confronted them. The newspapers of the time often published mocking descriptions of their 'achievements', and special satirical pamphlets about the 'Fifty-tou' were also published."