Answer:
At the sound of me, one may dream or stamp their feet, At the sound of me, one may laugh or sometimes weep.
By the way, what never moves, wears shoes, sandals and boots, but has no feet?
My first master has four legs, my second master has two. My first I serve in life, my second I serve in death. Tough I am, yet soft beside. Against ladies cheeks I often reside.
Late afternoons I often bathe. I'll soak in water piping hot. My essence goes through. My see through clothes. Used up am I - I've gone to pot.
I have many feathers to help me fly. I have a body and head, but I'm not alive. It is your strength which determines how far I go. You can hold me in your hand, but I'm never thrown.
They are many and one, they wave and they drum, Used to cover a state, they go with you everywhere.