A new book and lyrics for the show were written for the off-Broadway Light Opera of Manhattan (LOOM) in 1975 by Alice Hammerstein Mathias (the daughter of Oscar Hammerstein II) and the company's director-producer William Mount-Burke. LOOM played this operetta as a Christmas show for six to eight weeks each year thereafter for 13 seasons with considerable success, and this version of the book and lyrics has since been used by various companies, including Troupe America and others. The ensemble becomes a mechanical militia of toys for the "March of the Toys", and children from the audience are brought up to help "wind-up" the toy dancers.