I just listened to the lyrics sung by Big Bill Broonzy in the video and there are some differences to the lyrics I found and posted here.

Instead of:

"S'pose they call the wagon"

I think it is:

"I'm supposed to call the wagon" which I think means call the police.

There are also a couple of extra verses which are not included in the ones I found. I'm not good at hearing lyrics. Maybe someone else can add them here.

Paul, I would interpret this particular song as a man upset because his wife or girlfriend is cheating on him, he's expressing his anger and frustration, but also I think he's threatening to do some physical harm to the other man and possibly also to her.

I can understand the feelings he is expressing, but also I think there is a sense of ownership or entitlement. It's a tricky situation, and it's just human nature to feel upset, angry, hurt, and to want to try to fix the situation or take revenge.

In this particular case, it's hard for me to say that it is disrespectful of the woman but there are many, many other songs which are worse in my opinion. The jury is out on this one, I think.

Look at it this way, if you recognise the nature of the sentiment and are in two minds about singing the song, then you are probably more enlightened than some others who would sing it without a second thought.