Stay by the line, and when you feel two tugs, pull us up.
3 seconds sound clip from the James and the Giant Peach (1996) movie soundboard.
You can hear this line at 00:47:59.807 in the Blu-ray version of the movie.
Quote context
[...]
- Don't take all the credit. I helped, too.
- Not on your life. You'll catch your death of cold.
- James is right. Centipede is one of us.
- Get on my back. I am going with you.
- You had better take good care of him.
- Stay by the line, and when you feel two tugs, pull us up.
- Sounds like you need a little oil, Captain.
- Thank you, sir! I'll be shovin' off now.
[...]