First recorded (as a demo) by Pete Townshend (1974).
Hit version by The Who (US #16 1975 |UK #10/CAN #1/AUS #1 1976).
From the wiki: “‘Squeeze Box’ was written by Pete Townshend, and was originally intended for a Who television special planned in 1974. The lyrics are couched in sexual double entendrés. In the planned performance of the song, the members of the band were to be surrounded by one-hundred semi-naked women playing ‘squeezeboxes’ – a colloquial expression for accordions and concertinas – as the song was played.
“Townshend first recorded demo of the song featured a farfisa arrangement, as well as with bluegrass banjos. When the anticipated TV special did not materialize, The Who recorded ‘Squeeze Box’ and the song was released as the first single from The Who by Numbers in 1975 in the US and 1976 in the UK. ‘Squeezebox’ became an international hit, becoming the band’s first-ever Top-10 hit in Britain since 1972.
‘Intended as a poorly aimed dirty joke. I had bought myself an accordion and learned to play it one afternoon. The polka-esque rhythm I managed to produce from it brought forth this song. Amazingly recorded by The Who to my disbelief. Further incredulity was caused when it became a hit for us in the U.S.A.'”
The Who, “Squeeze Box” (1975):