After searching I found the cocktail also referred to as "Gin Pahit" in many 19th century sailing stories.
This is the virtually the same drink, only the name has been lost in time. According to stories 'pahit'is Malay for "bitters." No matter the name, the cocktail has more or less remained the same.
Enjoyed best with a botanical rich Gin, hence my selection of this cocktail for our Organic Gin, shaken well with ice.
2 oz Organic Nation Gin
3-4 Dashes of Angostura Bitters
Shake hard with ice.
Serve in a cocktail glass.
Garnish with a Lemon Twist if you like.