WITH BELLS ON... meaning happy and delighted to attend which goes back to the days before the automobile, when it was the custom to deck out the horse with fancy harnesses, that drew the carriage for special occasions. That, of course, was the harness 'with bells on.'
In the rhyme 'something old, something new, something borrowed, something blue', "blue" is symbolic of the blood of royalty, since both the bride and the groom were once considered to be "royal" on their wedding day.
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