Say, It's 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 A Phony As It Can Be,

But It Wouldn't Be Make Believe

If You Believed In Me.