Say it's only a paper moon

Sailing over a cardboard sea

But it wouldn't be make believe if you believed in me

Yes it's only a canvas sky

Hanging over a muslin tree

But it wouldn't be make-believe if you believed in me

Without your love it's a honky tonk parade

Without your love it's a melody played in a penny arcade

It's a Barnum and Bailey world

Just as phony as it can be

But it wouldn't be make-believe if you believed in me

Without your love

It's a honky tonk parade

Without your love it's a melody played in a penny arcade

It's a Barnum and Bailey world

Just as phony as it can be

But it wouldn't be make-believe if you believed in me