Green’s Dictionary of Slang

ones and twos n.¹

(Aus./US) shoes.

1923		Bessie Smith ‘Sam Jones Blues’ 🎵 Don’t need your clothes, don’t need your rent, / Don’t need your ones and twos.
1935		A.J. Pollock Und. Speaks.
1944		Maurer & Baker ‘“Aus.” Rhyming Argot’ in AS XIX:3.
1953		Berrey & Van den Bark Amer. Thes. Sl. (2nd edn).
1963		L.F. Freed Crime in S. Afr. 105: When a ducktail [...] refers to his ‘ones and twos’ he means his shoes.
1966		M. Braly It’s Cold Out There (2005) 237: A pair of sharp-toed ones-and-twos that hurt his feet.
1971		E.E. Landy Underground Dict. (1972).
1999		R. Walton ‘Cockney Jack and the Beanstalk’ 🌐 A little wrinkled heavenly plan with [...] funny pointed ones and twos and a dirty Quaker oat stepped out into the frog and toad.
2001		G. Coughlan Everyday Eng. and Sl. 🌐 ones and twos: shoes.