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Jones could be arguing many things with this poem. I think he is arguing about the flightiness of language. One second you think of writing down something or some idea so you write it down.Then maybe you look back and want it again like the coconut/rum. But you already wrote that idea down you can't get it back again. or that idea that you put down is now stuck in your head and you cant take it back, you are forced to keep thinking about it. There is also a certain aspect of time in this poem. He lists a date and says  "time on the water" What we write over time maybe washes away and as we progress we get better and better. Those are just a few ideas of what Jones could be saying.