Alison,I always do it as a waltz. Thats how the Rovers did it and thats my source for the song. I have the lyric:
In 1902 poor Sed (Seth?)Davy died, his songs they were heard never more"
I can't imagine it any other way than a waltz.
Don
BTW Alison, I need you earth address please, Send it to DonMeixner@aol.com I lost it and I have a jewelry catalog for you.