I've been wondering about this myself, I can only hear a few words, but the CD sleeve has the following
PAWKIE PAITERSON'S AULD GREY YAUD Words by John Ballantyne, music by Adam Grant
As aw was gaun up Hawick loan yeh monaday at morn Aw heard a puir auld grey meer gi'e many a heavy groan Gi'e many a heavy groan sir & this she said tae mei Aw'n Pawkie Paiterson's auld grey yaud sei how they're guidin mei
The miller O Hawick mill bred me & that aw du weel ken The miller o Hawick fed mei wi mony a sort o' corn But now the case is altered & this ye plainly sei Aw'm Pawkie Paiterson's auld grey yaud, see how they're guidin mei
When a' the rest's set tae the corn aw'm set out tae the fog When a' the rest's set tae the haye aw'm set oot tae the bog As aw gaed intae Hawick moss twas like tae swally me Aw'm Pawkie Paiterson's auld grey yaud sei how they're guidin mei
& as for Nellie Harkness she rises in the morn & cries "O godsake uncle, the yaud's among the corn" Hei tuik his muckle pleugh-staff then & cam & swabbled mei Aw'm Pawkie Paiterson's auld grey yaud sei how they're guidin mei
There's auld Rab Young o' the back Raw hei's of'en shod ma clutes Sae Aw wull leave him ma shank bones tae bei a pair o' butes If he pushes his legs weel in them they'll come up tae his knei Aw'm Pawkis Paiterson's auld grey yaud sei how they're guidin me
& as for Peggy Duncan she is a bonnie lass Aw'll leave her my auld een holes tae be a keekin' gless Tae gar her ee sei streichter for the of'rn stand aglei Aw'm Pawkie Paiterson's auld grey yaud sei how they're guidin mei
As for the minister o' Wilton his coat is worn gey thin & for tae keep hime frae the cauld Aw'll leave him ma auld skin Wi' hide & hai tae keep him warm as lang as it's dune mei Aw'm Pawkie Paiterson's auld grey yaud sei how they're guidin mei
& as for Staney Stewart hei's of'en scarce o' stanes & for tae mend his auld fail dykes Aw'll leave him ma auld banes & a' the Callants o' Hawick loan wull make bane-fires o' mei Aw'm pawkie Paiterson's auld grey yaud sae that's the end o' mei
There's info re the source of the song as well, I'll post that later.