Tonight we will be gay
Turning away from all regret
Tonight saying "Goobye"
To every sigh we will regret

And in fancy 'neath a distant moon
You and I will drift upon a blue lagoon

On Blue Venetian Waters together we will dream
On Blue Venetian how lovely 'twill seem

Starlight tumbling down you shall wear
As a silver crown for your hair

The blue Venetian moonlight will soon light our way
Your eyes will tell me secrets your lips dare not say

While I'm singing a love song of love dreams come true
Of Blue Venetian Waters and you.