Way upthread, Sandy Paton wrote,

"I collected a version in Connecticut, which I finally got on tape after the singer had moved to New Hampshire. It was learned from the grandfather of the singer, a man who lived in South Carolina. It's slower, more pensive, and says:

"I spent all I had in cash on the girls to cut a dash,
Now I'm left in this wide world to wander.

"Bruce or Barry may correct me, but this is the only version I know of that has been collected in the U.S. I'd be happy to post the text, if anyone is interested, but I can't do the music thing."

That version never got posted here, so far as I can tell. It can be found in the liner notes for the Patons' LP, New Harmony, which is available on the Smithsonian Folkways website. It goes like this:

I had but one old hat;
The hat it had no crown,
All wore out, tore out, and asunder.
If I cannot buy another,
I will keep this hat I've got;
I will keep this old hat to remember.

Chorus:
It's all gone for grog,
Jolly, jolly grog,
All gone for whiskey and tobacco.
Oh, I spent all I had in cash
On those girls, to cut a dash;
Now I'm left in this wide world to wander.

I had but one old coat;
The coat it had no back,
[Remaining four lines of each stanza as for the first,
only changing hat to coat to shirt to pair/pants
to pair/boots]

[Chorus after each stanza]

I had but one old shirt;
The shirt it had no sleeves,

I had one pair of pants;
The pants they had no knees,

I had one pair of boots;
The boots they had no soles,

[Chorus with last three lines repeated.]