Jim Moray's version put the song into a minor key, and did take some of the "rumpeta-rumpeta" exhilaration out of it, but its still got the loom rhythm in it.
Like a lot of his other song interpretations, he's trying to really "be" the protagonist, in his exhaustion etc.
It's not a happy song.
However, neither r.padgett nor the original enquirer on this thread will be able to find the J. Mo version unless he/she has access to the BBC Young Folk Award tape of 2001/2, 0r a long-sold out E.P.
I can't remember where he (J Mo) first learnt the song and whether it was a c.d. or live version.