Word: billabong
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Dates: during 1940-1949
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...Dill, see no reason for taking it lying down. By last week the military situation in Europe had put Britain on an especially tough spot: nothing ventured, everything lost. The question was what could be ventured with a chance of gain. There was no use just jumping into the billabong to save the swag...
...Swagman: hobo; billabong: waterhole; jumbuck: sheep; tuckerbag: food bag; squatter: sheep rancher; waltzing Matilda: hobos' affectionate name for their bag (bundle with blanket, tin cup, etc.) as it dangles from their shoulders and jounces with their pace...