Here are the lyrics sung by Emmylou Harris, copied from The LP Discography:

GOLDEN CRADLE
(Nancy Ahern)
« © '80 Happy Sack Music, ASCAP »

Sweet babe, a golden cradle holds thee.
Soft thy mother's arms enfold thee.
Fairest flowers are strewn before thee.
Sweet birds warble over thee.

So sleep, my babe, and dream away sorrow.
Peace until you wake tomorrow.
I will guard thine infant slumber.
Angels watch thy number.

[This song has only the first line in common with Edward Walsh's FAIRY NURSE. And "angels watch thy number"? What could this mean?]