Rob's post motivated me to do a bit of work, but it's just a start, taken by ear from the album. Maybe as a community we can arrive at the correct words:

THE EXCISE BALLAD
(Anon)

          Oh fie upon this excise, 'tis pity that ever 'twas paid
          It makes good liquor to rise and pulls down many a trade

Come hither me jovial blades and listen unto me song
You that of several trades upon the berth (?) and long
So long as the patentees in England kept on foot (?)
So now he's got there by (?) fees, the devil and all to boot

'Tis a fit companion for war, it fills the whole kingdom with care
Good fellas wherever they are bear a great part for their share
It never should grieve me much, wine (?) more excise is worth
The thing I only grudge is that of ale and beer
I never would vex nor pine, whatever you say or think
To double the price of wine, for that I seldom drink

However it came to pass that drink is grown so dear
The tradesman is the ass which must the burthen bear
What though the brewer payin' (?) pays him again
Was that good fellas they do all the loss sustain

The shoemaker and the glover, the tailor and the weaver
When they need one another they go to drink together
Before the old farthing lost, the tailor deeply swore
He'd ne'er lay his legs across (?) to work for ale once more

If any good fella doth want and cause (?) for a pot on trust
Now charity's grown so scant that out of the door he's fast
The brewery must be paid, the houseter (?) she will not score
Your drink is more delayed (?) than it was in times before

The tinker wish doth ring his kettle through the town
He merrily used to sing the tune of Malt's Come Down
But what is the meaning of this, which grieves me at the heart
To see how good ale is for two pence all (?) the quart

Good fellas both great and small, when tithe it was by seas (?)
But no excise at all may be in the time of peace
For now to conclude in the end, cast up the reckoning even
Considering what they spend, they lose a full fourteen seven (?)