Lyric discussion by Jerrybear 

I think the white ladder line refers to an escape route that has been rendered useless. The ladder cannot be used because it is all covered with water.

This is one of my favorite Dylan songs, and it seems to get more relevant all the time. Doesn't the line "I saw guns and sharp swords in the hands of young children" make you think of Columbine and all the other school shootings that have been happening lately? The "white man who walked a black dog" and "black branch with blood that kept drippin'" would seem to refer to racism. The "young woman whose body was burnin'" reminds me of the famous photo of the Vietnamese girl running from a napalm attack.

This is such a powerful song, with so much symbolism. A prime example of why Bob Dylan is so highly thought of in the rock/folk music field.

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