This poem is from the Hortulus Carminum Selectorum by Josephus Perez (1627-1694).
Otia Doctrinis Tradite
Tempus abit rapida, pueri, properantius unda;
Tradite doctrinis otia cuncta bonis.
The vocabulary is keyed to the DCC Latin Vocabulary list. There are two words in this poem that are not on the DCC list:
doctrīna (doctrīnae, f.): education, learning
rapidus, -a, -um: swift, rapid
abeō -īre -iī -itum: go away
bonus -a -um: good
cūnctus -a -um: entire all together
otium -iī n.: leisure
properō -āre: hasten, speed
puer puerī m.: boy; slave
tempus -oris n.: time
trādō -dere -didī -ditum: hand over, yield
unda -ae f.: wave, flowing water, water