The album was intended as a soundtrack for a film of the same name that was never made. To Young's memory, the only tracks that were immediately inspired by the script were this one and "After The Gold Rush
The script that the song was written for has been lost to the dusts of time, with only a few people remembering vaguely (and possibly inaccurately) what it was about. Young himself barely recalls much about it. So, we'll likely never know what scene or situation this song was written to accompany.