It's hard for me to interpret these words as ameant to be anything other than ludicrous (doubly so if associated, like O Lochlainn's version) with a rollicking tune:
If ye'll listen to me now, without any fun, Sure I'll tell ye how the war begun; But of all the wars, both great and wild, There was that betune widow M'Gra and her child! Musha tooral loo, &c.
Then teddy he fought his way through Spain, And to the Indies back again-- And the hundreds and thousands that he kilt, Sure a mortial volume might be filt!
Crying, Phililu, hubbaboo, whack clear the way!
And had just one leg to every limb;
To think that I my child should call A man who couldn't stop the force of a French cannon ball!
But a thundering war I will proclaim Against the King of the Frinch and the snuffy ould Queen of Spain.