Quoted in Like A Rolling Stone: Bob Dylan at the Crossroads (Rothchild) ↑

Without sacrificing any of the integrity of folk music

I had them play me the fucking thing five times straight before I could say anything. What I realized while I was sitting there was that one of US — one of the so-called Village hipsters — was making music that could compete with THEM — the Beatles and the Stones and the Dave Clark Five — without sacrificing any of the integrity of folk music or the power of rock ‘n’ roll.

Paul Rothchild, as quoted in Like A Rolling Stone: Bob Dylan at the Crossroads