Technical note, for whatever it's worth, the version (or "a" version) with the Peter Gabriel Red Rain interpolation can be found on the 25th anniversary edition of "Document"
https://open.spotify.com/track/3tvctBElFc6oakJii2Sg7T?si=81f3d787d2bc4b59
https://www.youtube.com/watch?v=Pr1UA-V3o78
Also notable that this is a considerably slower paced, stripped down version of the song with only acoustic guitar and vocals present.
Makes all the sense in the world for Stipe to have been inspired by what Gabriel was doing. Especially in the mid 80s when Stipe was really just starting to bloom as a songwriter. Most of Reckoning(1984), and Murmur before it(83), was filled with pretty meaningless lyricism, more about the sound the words made than the words themselves. Then there's Fables(85), a true growing pains album and I would argue the most divisive in their entire discography (because Monster is actually fairly well-respected, at least in retrospect). Then Lifes Rich Pageant(86) was in my opinion his lyrical breakthrough. Then Document(87) the commercial breakthrough where he really embraced the politically charged songwriter identity that he became famous for.