Reminds of the Carter Family's Wabash Cannonball (see there).
Song ordered by the Bonneville Power Administration, running the Grand Coulee Dam on the Columbia River in the Pacific Northwest. Woody was engaged to illustrate a film they endorsed to promote this brand new dam and the benefits of electricity for neighboring farmers. Some twenty songs he wrote about this 'eighth wonder of the world'. The film came out in 1949. At the fiftieth birthday of the BPA, all of Guthrie's topical songs were assembled on the Columbia River Collection (Rounder). See also: Oregon Trail and Talking Columbia.