Lyric discussion by jedibix783 

Cover art for The Infanta lyrics by Decemberists, The

At the Denver show at the Gothic Theatre this June, they played this song live and Colin Meloy introduced it by saying that it was about the coronation of a Spanish princess in 1824. It fits in well with their typical historical themes... the song itself is very upbeat, but throughout the lyrics all seem to suggest a sort of inevitable despair to me.