You Will Do For Now

"I will lead you if you will follow me To graveled gray roads, Shakespearean scenes If only you knew the love of degree You'd slow that beating heart down You will do for now"

The narrator is willing to try out this short relationship if the other person is willing to. He could lead them to plain and somewhat darker places, as well as romance and tragedy (Shakespearean). If that other person knew what his intentions were, they wouldn't be as excited (slow that beating heart down)

"The December dark will keep me in the room Soft ashtray eyes will beg to be found I'm keeping these walls from speaking too soon Count your love one in the crowd You will do for now"

There's something that's keeping him from going on, and she is there to "keep him company." He's almost trapped in a way, and the walls of truth are closing in. She may have been used before (ashtray eyes) and he's saying that she should keep in eye out for the ones that actually loved her in the past.

"I swear these lies won't stay long The halos and hubris are gone Shadow your right with my wrong Once these sheets are gone."

He won't continue to lead her on, and he can't cover it up in confidence and false innocents forever. Once the cover is off, she will be able to shadow her rights/happiness over the wrongs that he did

"I will lead you if you will follow me To graveled gray roads, cigarette scenes Regret won't keep the sun from the sea Soon I'll be leaving this town You will do for now"

Almost the same as the first verse. He's still going to have a relationship with her, even if they regret it in the end. He's going to leave no matter what in the end, and she will do for now.