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