Lyrics:

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