I don't know the full meaning of the song but Tom Banjo refers to Tom Azarian - a banjo player who lives in Vermont and used to play with David Grisman who often played mandolin with Jerry..a good review of the song can be found
http://arts.ucsc.edu/GDEAD/AGDL/moon.html#title
I don't know the full meaning of the song but Tom Banjo refers to Tom Azarian - a banjo player who lives in Vermont and used to play with David Grisman who often played mandolin with Jerry..a good review of the song can be found http://arts.ucsc.edu/GDEAD/AGDL/moon.html#title