Lyric discussion by MCDIII 

"A Pillow Of Winds"

"A cloud of eider down Draws around me softening the sound"

A 'cloud of eiderdown' is a pillow. The right-sized pillow tends to bunch up a little around your ears, muting the outside world. The song is very much about the otherworldliness of sleep.

"Sleepy time when I lie With my love by my side And she's breathing low And the candle dies."

A candle's dying can be both comforting and ominous.

"When night comes down you lock the door The book falls to the floor"

Or 'boot.' Either way, the daytime world is being put away and they are preparing for the night. Presumably they don't lock the door until they sleep. Otherwise they feel safe with the door unlocked as long as they are home and awake, even at night. But the time of sleep is different as one is truly defenseless against the night. The change to the minor key reminds us of the dual nature of night, it is life-giving but death-like and there is never a guarantee you will wake up.

"As darkness falls the waves roll by The seasons change The wind is warm."

Now they are truly asleep. But for long? When you are asleep you don't really have any sense of time passing. When we fall asleep are we prepared to hibernate? How much time passes when we are dreaming? In any case the wind's being warm is nice and it jumps back up to the earlier chord which sounds quite different in this minor context.

"Now wakes the owl, now sleeps the swan"

The natural order of opposites, day/night. wake/sleep, life/death etc.

"Behold a dream, the dream is gone"

The German word DunstEwigkeitZug (vapor + eternity +whiff) describes the moment when you wake up and you can still for a brief second remember the meaning of your dream and understand everything, and then quickly forget it.

"Green fields A cold rain is falling in a golden dawn."

The 'golden dawn' here is metaphorical because they have not yet woken up. The 'golden dawn' is the dreamscape and it has an implication of being an eden-like afterlife or a post-rapture world.

"And deep beneath the ground The early morning sounds and I go down"

The key change means they are now waking up.

"Sleepy time in my life With my love by my side And she's breathing low And I rise like a bird In the haze and the first rays touch the sky And the night winds die."

Having communed with death he rises like a Phoenix. The ominous night winds are gone.

@MCDIII I like your interpretation. Nice initials. Im also MCD although the II

@MCDIII I think you’ve hit the nail on the head there

An error occured.