Say its only a paper moon Sailing over a cardboard sea But it wouldn't be make believe If you believed in me Yes it's only a canvas sky Hanging 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 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 believed in me Say its only a paper moon Sailing over a cardboard sea But it wouldn't be make believe If you believed in me Yes it's only a canvas sky Hanging 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 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 believed in me It's phony It's plain to see How happy I would be If you believed in me