Diamond wrote this for his girlfriend Jaye Posner, who later became his first wife. Said Diamond: "I really wanted to impress her and I couldn't afford to buy her a gift, so I wrote a song called 'Hear Them Bells' and basically it was a song saying, 'Will you marry me?'"
This was the first song Diamond wrote. It wasn't released until 1996, when it was included on his 1996 boxed set. Diamond performed the song at some of his concerts in the '90s.
Fall Out Boy's "The Kids Aren't Alright" song title is not a reference to The Offspring's 1998 single of the same name. It actually alludes to The Who's 1979 rockumentary film called The Kids Are Alright.