This is actually a translation of a very popular (at the time) Russian "pop" song of 1930-s. The main difference is that the person on the phone in the song is the lady of the house. She is getting some very bad news about her household from the servant. The servant starts with mentioning that the horse died, then he gradually uncover the whole set of the household problems, eventually coming to the death of the lady's husband. The servant is repeatedly saying, through the song, in the assuring tone, "everything else is perfectly fine..."