I first heard this (nothing to do with Lough Erne) song on a trip to Ireland with my parents around 1963/4/

It was my first visit & musically I'd heard of Sean O Riada & Paddy Tunney. We stayed first in Letterkenny, more a one street village than the metropolis of today- no sign of Paddy Tunney but, having escaped my parents, I went in a little pub there & was greeted by 'What're having, boy?'. It seemed a customer had a win on the horses but it gave me a very positive view of Ireland!   No Paddy Tunney, but someone did sing the song in question later on.
   Travelling south on the same trip, in Killarney town I found an accordion player singing the same song- I had my little twin track Philips tape recorder this time & have sung the song in 3/4 time as he did ever since - there was another verso to go between v2 and v3 above verse-

'They took me to a big hotel with them for to spend the night
And there the landlady's daughter in me she took great delight
She never took her eyes off me, as on the floor I did stand
And she's whispered to her mother 'I'm in love with the Irishman'
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he had a last verse I've not heard since ...
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'Well it's now that we are married & settled down in life
we're happy as two turtle doves, meself & my wee wife
I'll work for her and I'll toil for her and do the best that I can
And she'll never say she rues the day, she met with the Irishman'
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another thing - instead of the 'burly round the room' yer man had 'the toast when flyin' around the room' which prompted my pal Mick Tems to say he had enjoyed my song but particularly the domestic incident in the second verse....