"He's a Dynamo"

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For whatever reason, I got to thinking about Argent's "He's a Dynamo" this morning, and I realized that the melody in the verses is almost entirely one note.  This reminded me of something I read somewhere about how the Beatles tried writing a song like Little Richard's "Long Tall Sally," where the melody was only one note.  I think this resulted in "I'm Down," but I can't find whatever I read again to verify this.

So now I'm wondering whether "He's a Dynamo" was Argent's attempt to write a song like "Long Tall Sally," with a melody of only one note.