It is only a paper moon, Sailing 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. (chorus) Without your love, It's a honky tonk parade, Without your love, It's a melody played, At 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. (chorus) 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. (x2)