Lyric discussion by GFOhio 

I was in a bookstore not long ago looking at a book that went into great detail of the lyrical interpretations of Bob Dylan. Its obviously a back and forth dialogue between the man and a female, after the female leaves the country, and eventually it turns into a monologue of just the man, when he does not hear back often (or at all) from his female companion.

This book stated that Spanish Boots/Leather represented torture during and after the Spanish Civil War. Thus, it was interpreted that the man was saying, "you're only torturing me at this point." Take it for what its worth, but it seemed to be very well researched and studied. It is a really great song anyway you look at it though.

@GFOhio Wikipedia (and a Google search of "spanish leather -dylan") says that Spanish leather is a sensuous perfume. I think Dylan is saying in that last line that he is being tortured (Spanish boots) by love (Spanish leather).

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