It is only a paper moon

Sailing over a cardboard sea

But it wouldn't be make-believe

If you believe in me



It is only a canvas sky

Hanging over a muslin tree

But it wouldn't be make-believe

If you believe 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 believe 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 believe in me