In this song " Quare Bungle Rye",

Now Jack was a sailor who roamed round the town
He met with a damsel who skipped up and down
Said the damsel to Jack,as he passed her by
Would you care for to purchase some Quare Bungle Rye, Raddy Rye
Fal - de- diddle -lie, raddie, rye - raddie rye.

I read somewhere that it referred to BUNGO RYE, an strong illicit whiskey from Germany ?, although the practice of driving a large cork bung into a keg or barrel appears plausible also.