I sang this at the Mudcat Singaround today. I cobbled my version together from the one in the Digital Tradition (where it's under "Battle of Alma") and several elsewhere on the web and the recording by Liz & John Munro (but I didn't see the ones in this thread until just now). Each version I found had one or more bits that just seemed wrong.

For example, in the version upthread that Gordon Jackson attributes to Nic Jones, there's the line, "Oh when the heights we hove in view," which doesn't really make sense. So I sang it as "But when the heights they hove in view."

Also, in the last stanza of that version, it has, "Now France and England hand in hand/What ne'er a foe could them withstand." Now it's clear from both the song and the actual history of the battle that the Scots had a lot to do with the victory at Alma, and I don't think the Scots would take well to being subsumed into England. And the second line makes no sense to me – "What never a foe could them withstand"? So, I sang it as "Oh, France and Britain, hand in hand/Whate'er a foe could them withstand?" I'm not sure that "Whatever a foe could them withstand?" is such good English, but to me it seems better than the way I found it.

And I didn't care much for "The rivers there that they run red," so I sang "And the rivers there, they ran with red."