Lyric discussion by Milkman82 

I think think this song is about the one woman he loved. There were others who were flings and didn't mean anything to him ("I love you from the bottom of my pencil case.") They provided material for songs but nothing else because he couldn't remember their names. But he loved Mary and she killed herself ("Turned her grief into glory") and that ended his inspiration to write songs. ("She ripped his ribbon to shreds.")

@Milkman82 I think you got the wrong song. No grief into glory, no shredding ribbons in this song.

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