I don't know about the tune, but this song has the same metrical structure as TWANKY DILLO.
^^
From Verses of a Life Time by Caroline Howard Gilman, Boston: J. Munroe and company, 1849. [This poem was set to music by F. H. Brown, and published as TRANCADILLO.]

O COME, MAIDENS, COME!
BOAT SONG.

1. O COME, maidens, come o'er the blue rolling wave,
The lovely should still be the care of the brave.

CHORUS.
Trancadillo, Trancadillo, Trancadillo, dillo, dillo, dillo,
With moon-light, and star-light, we'll bound o'er the billow,
Bright billow, gay billow, the billow, billow, billow, billow,
With moon-light, and star-light, we'll bound o'er the billow.

2. The moon 'neath yon cloud hid her silvery light —
Ye are come — like our fond hopes she glows in your sight.

Trancadillo, Trancadillo, &c.
With moon-light, and love-light, we'll bound o'er the billow,
Bright billow, gay billow, &c.
With moon-light, and love-light, we'll bound o'er the billow.

3. Wake the chorus of song, and our oars shall keep time,
While our hearts gently beat to the musical chime.

Trancadillo, Trancadillo, &c.
With oar-beat, and heart-beat, we'll bound o'er the billow,
Bright billow, gay billow, &c.
With oar-beat, and heart-beat, we'll bound o'er the billow.

4. As the waves gently heave under zephyr's soft sighs,
So the waves of our hearts, 'neath the glance of your eyes.

Trancadillo, Trancadillo, &c.
With eye-beam, and heart-beam, we'll bound o'er the billow,
Bright billow, gay billow, &c.
With eye-beam, and heart-beam, we'll bound o'er the billow.

5. See the helmsman looks forth to yon beacon-lit isle;
So we shape our hearts' course by the light of your smile!

Trancadillo, Trancadillo, &c.
With love-light, and smile-light, we'll bound o'er the billow,
Bright billow, gay billow, &c.
With love-light, and smile-light, we'll bound o'er the billow.

6. And when on life's ocean we turn our slight prow,
May the light-house of hope beam like this on us now.

Life's billow, frail billow, the billow, billow, billow,
With hope-light, the true-light, we'll bound o'er life's billow,
Life's billow, frail billow, &c.
With hope-light, the true light, we'll bound o'er life's billow.

SULLIVAN'S ISLAND, S. C. 1844.