This is footage shot by Mary Lou Lord somewhere in Canada in 1995. Lyrics are a badass smackdown of a music industry showcase for Nine Inch Nails:
The feedback starts and the singer yells
“I’d rather die than give you control”
But he’s already sold the whole damn thing for a big loan
Two years later, of course, Smith himself signed a contract with DreamWorks Records, but hey, when you’re young and snotty, it’s easy to be righteous. What a great find! Thanks, Mary Lou.