I damn well love this song. This is what I think is going on in the version that i have

Follow me down
Follow me down
Follow me down
I'm on my last go round

I am broke and homeless
Rank and dirty too
I just wanna know girl how can I go home with you?

That big bell is ringin'
That bell he toll
I'm a poor boy and I'm a long long way from home

Sittin' down here wonderin'
Would a matchbox hold my clothes
I don't wanna be bothered with no suitcase on my road

Follow me down
Follow me down
Follow me down
'Cos I'm on my last go round

Anybody should ask you
Who composed this song
Tell'em it's Huddie Ledbetter, he done been carryin' on