It is only a paper moon
Hanging over a cardboard sea,
But it wouldn't be make believe
If you believed in me.


It is only a canvas sky
Sailing 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 on 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.

~interlude~

Without your love,
It's a honky-tonk parade.
Without your love,
It's a melody played on 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.