Another version "ALL ROUND THE LONEY OH" is a variation of Child Ballad # 20 The Cruel Mother. In this one both perish but it's not as gory as Wella Waile.

The Loney refers to The Pound Loney, an area of Belfast

ALL ROUND THE LONEY OH

There were 2 sisters going to school,
All round the Loney Oh
They spied a woman at the pool
Down by the greenwood sidey Oh.

She held a baby on her knee
All Round the Loney Oh
, A Cruel Penknife they could see
. Down by the greenwood sidey Oh.

She held the baby to her heart,
All round the Loney Oh
She said " My Dear, we both must part"
Down by the greenwood sidey Oh.

She held a baby to her breast
All Round the Loney Oh
, She said " My Dear, we'll both find rest
. Down by the greenwood sidey Oh.

There is a river running deep
All Round the Loney Oh
, It's there both babe and mother sleep
. Down by the greenwood sidey Oh.