Say it's only a paper moon
Sailing over a cardboard sea
But it wouldn't be make believe
If you believed in me

And it's only a canvas sky
Hanging over a muslin tree (oh,yeah)
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 the penny arcade

It's a Barnum and Bailey world
Just as phony as it can be (I know)
But it wouldn't be make believe
If you believed in me