Steve, the diction in your lyrics, as quoted, is so much more formal than the way I've been singing this song for years ~ and contains so many more syllables ~ that I imagine our instrumental settings (tempo, etc.) would have to differ a bit from each other.

I'm not criticizing, mind you ~ different strikes for differnt folks and all that. And of course, I like your additional verse enough to consider adapting it myself

I suppose my approach come from that old Jackie Washington record where I first heard the song. It was quite a while before I heard Ms Cotten's original, and of course by the time I heard Jerry Garcia's take, I had known the song for a l-o-o-o-n-g time already.

The main difference I have from many others on this thread is that I've always sung the "all around the world" verse first, and the "one old woman" verse second. (They don't have much to do with each other; neither follows logically from the other, so it hardly matters which comes first.)

Like so:

Been all around / this whole round world
And I just got back today
Work all week / bring my money home to you
Honey babe, what more can I [say/do*]?

Oh, babe, it ain't no lie (3x)
You know this life I'm livin' is mighty high.

There's one old woman, Lord, in this old town
Keeps tellin' dirty lies on me
How I wish / that old woman would die
So she'd stop tellin' them lies on me.

(repeat chorus)

* "Say" rhymes with "today," "do" rhymes with "to you." I've gone back and forth between the two alternatives for so long that I don't remember which I learned first. I just sing whichever comes out of my mouth, which always varies. Then, when I sing the same verse a second time, I'll generally use the other variation.