Lyrics copied from http://www.bluegrasspro.com/BluegrassPRO.com/Lyrics/Waste.htm

WHAT A WASTE OF GOOD CORN LIKKER
Slim Gordon

I have lost my blue eyed darlin'. Now I sit with a broken heart
By the cabin in the Carolina hills.
Oh, I loved the shiner's daughter, loved her true with all my heart,
Until she fell into her pappy's liquor still.

CHORUS: Oh what a waste of good corn liquor,
From the still they pulled the plug.
Now the revenuers snicker cause she melted in the liquor
And they had to bury poor Lilly by the jug.

Cousin Caleb on the Jew's harp played a mighty mournful tune.
Kinfolks bowed their heads and gathered round.
Then I heard the parson sing, "Drink to Me Only with Thine Eyes"
As we watched them pour poor Lilly in the ground. CHORUS

Now I'm sittin in the twilight, 'neath the weepin' willow tree.
The sun is slowly sinkin' in the west,
An' I'm claspin' to my bosom a little jug of Lilly May.
With a lonely heart I'm longin' for her breast. CHORUS

[Sung by Mac Wiseman on "At the Toronto Horseshoe Club," Wise CD #50105, 2001; "The Singles," Music Mill CD #70037, 2003; and "'Tis Sweet to Be Remembered: Complete Recordings 1951-1964," Bear Family 6-CD set #15976, 2003. Bill Long also sings it on the various-artists compilation "King Hillbilly Bop 'n' Boogie: King/Federal's Roots of Rockabilly 1944-1956," Ace CD #854, 2002.]