I just stumbled onto this old post while looking for old mischievous songs. Here is the version we sang in our figure skating club in the late 70's.

The Farmer and the maid
Were courtin' something fair
Down by the garden gate
They didn't know I was there

The farmer, he was bashful
The maid, she was shy
But when he asked her if he could
This was here reply

You can do it if you want to
But you better do it right
You better not do it
Like you did the other night
Cause if you do
I'm telling you

I'll never let you do it again
I mean the laundry

I'll never let you do it again
And there was Grandma

Swinging on the outhouse door
Without a nightie

Waiting for the garbage man
Who was a playboy

To take her to the playboy club
To be a bunny

Baby can you ask for more
5 dollars pleeeeeeese
Inflation you know