Spanish words were given English pronunciations by English-speakers. My grandfather, in Colorado, was raised with Rye-o, even though the Rio Grande River was nearby. Of course the Rio Grande of sailors was a South American port, and Hilo often referred to Ilo (Sp. ee-lo) which is in Peru.
Earl-LIE may have been used for emphasis is a chantey or two, but I doubt any general use.