My comment above may seem a little bit far fetched because I have (unvoluntarily) omitted some details. Now I'm trying to work out concrete evidences for my thesis.
One important thing was already said : It must be something about history ("Fables of the Reconstruction") and he mentions "Man Ray" who was a dedicated Dadaist. The main Dadaist movement existed in the dark years until the Mid-Twenties of the 20th century. I think that this is the time we shall look at and Man Ray moved to Europe in that time to find a continent that was shook by the most brutal war ever seen before and where there were still revolutionary activities against capitalism.
However, one already said, that the last paragraph of the song is played in a very dark mood.
Let's look at the text at that part :
Let me transform the sentence "... had harnessed the tame. Holding the sky in their arms" to an own version : "... had harnessed the tame ones while they were holding the sky in their arms."
In my opinion he talks about people who have already reached their sky but they were too tame to "stomp gravity into the floor" (see first paragraph).
Maybe "peel back the mountains peel back the sky" might mean to save the "mountains" (whatever it means) and the "sky" from gravity. To pull it away from gravity. Since the time around 1920 were revolutionary years I think that "gravity" means the old system and the only system that still pulled back anything was not monarchism but capitalism. Thus I think that the hope (the sky) inside this song is a world free of capitalism and war.
My comment above may seem a little bit far fetched because I have (unvoluntarily) omitted some details. Now I'm trying to work out concrete evidences for my thesis. One important thing was already said : It must be something about history ("Fables of the Reconstruction") and he mentions "Man Ray" who was a dedicated Dadaist. The main Dadaist movement existed in the dark years until the Mid-Twenties of the 20th century. I think that this is the time we shall look at and Man Ray moved to Europe in that time to find a continent that was shook by the most brutal war ever seen before and where there were still revolutionary activities against capitalism. However, one already said, that the last paragraph of the song is played in a very dark mood. Let's look at the text at that part : Let me transform the sentence "... had harnessed the tame. Holding the sky in their arms" to an own version : "... had harnessed the tame ones while they were holding the sky in their arms." In my opinion he talks about people who have already reached their sky but they were too tame to "stomp gravity into the floor" (see first paragraph). Maybe "peel back the mountains peel back the sky" might mean to save the "mountains" (whatever it means) and the "sky" from gravity. To pull it away from gravity. Since the time around 1920 were revolutionary years I think that "gravity" means the old system and the only system that still pulled back anything was not monarchism but capitalism. Thus I think that the hope (the sky) inside this song is a world free of capitalism and war.