I'd rather not. Oh, it's nothing. I've had wet pants before. I fell in a river once, and it didn't long...
10 seconds sound clip from the Palooka (1934) movie soundboard.
You can hear this line at 00:37:28 in the Blu-ray version of the movie.
Quote context
[...]
- Oh! You're all wet. You must take them off.
- Oh, I hardly think it's necessary.
- What will happen to me if you catch a cold. Come one. Change it.
- It's Knobby. I got a cable for Joe. Where is he?
- I don't think I'll have to take off my pants, Miss Madero.
- A magician. I underestimated you.
- Sorry to disturb you, champ. But here's a cable from your dad.
- Nice, homey place you got here.
[...]