You 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, its 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      You say its only a paper moon   Sailing over a cardboard sea   But it wouldn't be make believe if you believed in me   Yes, its 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   But it wouldn't be make-believe, -believe if you believed in me