Here is what I assume to be the earlier of the two if not the original. It must be easily datable by the invasion scares referred to.
Derby Public Library Broadsides Box 15

A NEW SONG ON THE TIMES,
BY JOHN MUNRO

Come drink my brave boys, and never give o'er
Come drink my brave boys, as I told you before
For the French are for landing with their fresh supply,
And surely they will drink Old England dry

They are for landing in Scotland, for a truth as they say,
But if we do catch them will show them ggod play,
But we ne'er will believe them, for we know they do lie,
For they never shall....

But if ever we meet with their fleet on the seas,
they well may expect to have but little ease,
We will take, burn, and sink them, and make them to fly,
Before they shall......

But as for Tom Paine, and his Jacobin crew,
If e'er we do catch them we'll make them to rue;
For daring to offer their King to destroy,
But they never shall......

So britons be loyal wherever you be,
And we'll conquer the French dogs by land and by sea,
Where we do meet them, we will them destroy,
That they never may drink...

So drink a good health, boys, to Church, King, and Crown,
And let all loyal subjects pull the Jacobins down;
King George he has sworn his good land to stand by,
That they never may.....

No imprint, with seraph s