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 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
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 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