Collated from various sources on the Internet, and compared with as many sound samples as I could find:

SUGARFOOT RAG (a.k.a. SUGAR FOOT RAG)
(Hank Garland (BMI) [pseudonym of Walter Garland]; and George Vaughn (ASCAP) [pseudonym of Vaughn Horton], 1951)

Gonna get out my sycamore and shine up my shoes,
Meet my baby and tell her the news:
I bet my bundle on a swayback nag
And I came home a winner with a-plenty of swag.

CHORUS: One-foot, two-foot, slew-foot, drag.
Swing your honey to the sugar foot rag.
Do [or "dig"] a little jig with a ziggety-zag [or "zig and a zag"]
While the guitar's* pickin' out the sugarfoot rag.
[*Or whatever instrument plays the following break.]

Got a big jug of cider and a bottle of wine.
One's for my honey and the other one's mine.
Sip on the cider and sip on the wine.
Both sip together and a have a good time. CHORUS

Gonna spend all my money and get on a jag,
Swing my honey to the sugarfoot rag.
Walk right up and stomp on the floor,
And swing up the middle with a shoofly four. CHORUS

[Recorded by Asleep at the Wheel, Chet Atkins, The Browns, Coteau, Duane Eddy, Ella Fitzgerald, Red Foley, Hank Garland, Hot Rize, Porter Wagoner, and many others. (I suspect some of these are instrumentals only.)]

QUESTIONS:
I know a sycamore is a species of tree, but what does it mean in the first line?
And what the heck is a sugarfoot?