Funny you should ask. I was researching broadside ballads and came across a reference in The Broadside Ballad by Leslie Shepard that said a tune by the name of Spanish Lady was registered in England December 14, 1624 with the Stationer's Company.

I noted it because I have a couple of tunes named Spanish Lady and one Spanish Ladies, and We'll Rant and We'll Roar on my site (that's not to mention Yankee Whalermen and Brisbane Ladies that are lyrics to the Rant and Roar tune...) Anyway - the words to We'll Rant and Spanish Ladies fit in one another's tune but they are very different. Most of the e-mail I get is from people saying they know the tune by the Rant and Roar tune.

All of this is by way of saying I have not clue where the 1654 version fits in! If anyone else can clear this up it would be terrific!