well, I found it!..on the 4th pass thru my rows of records..at 1 in the morning after having a flash about the almum cover and one other song on the record...It was on a 1957 Washington LP by Obray Ramsey called "Blue Ridge Banjo...Southern Mountain Folk Songs" Ramsey seems to be famous for writing "Cold Wind & Rain" which was done by the Greatful Dead"....He was encouraged to take up banjo by Bascomb Lamar Lunsford and given a banjo in 1953, and within a few years was considered one of the best players in the Southern Mts.

(BTW...the notes say "Though certainly not a folk song (its composition is much too recent to have achieved any widespread circulation....)"...etc, etc.....)....well, it has been 40 years, and I think maybe we ought to consider it one now...*wink*