Alan Lomax recorded the song as sung by Joe Armstrong and a group of others. Here's my transcription:

PAY ME

O pay me,
Pay me my money down
Pay me, or go to jail
Pay me my money down

Think I heard my captain say,
Pay me my money down;
Tomorrow is my sailing day,
Pay me my money down.

O pay me, you pay me,
Pay me my money down
Pay me, or go to jail
Pay me my money down

Wisht I was Mr. Alfred Jones' son,
Pay me my money down;
I'd stay in the house and I'd drink good rum,
Pay me my money down.