Even though (maybe especially because) he apparently plagiarized parts of it from SparkNotes, of all places. Thus saith Slate:
In Dylan’s recounting, a “Quaker pacifist priest” tells Flask, the third mate, “Some men who receive injuries are led to God, others are led to bitterness” (my emphasis). No such line appears anywhere in Herman Melville’s novel. However, SparkNotes’ character list describes the preacher using similar phrasing, as “someone whose trials have led him toward God rather than bitterness” (again, emphasis mine).
And so on. For Dylan, plagiarism is beside the point. He isn’t just another songwriter; he is a force of nature. Here he is singing “North Country Blues” at the Newport Folk Festival in 1963, when he was all of 22 years old. He tells us all we need to know about offshoring and alternative energy sources and the working stiff: