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| | G | C | G |
| | There's guns ac | ross the river aimin' | at ya |
| | G | C | G |
| | Lawman on your | trail, he'd like to c | atch ya |
| | C | G |
| | Bounty hunters, too, they'd like to | get ya |
| | D | G |
| | Billy, they don't like you to be so | free. |
| Campin' out all night on the berenda |
| Dealin' cards 'til dawn in the hacienda |
| Up to Boot Hill they'd like to send ya |
| Billy, don't you turn your back on me. |
| Playin' around with some sweet senorita |
| Into her dark hallway she will lead ya |
| In some lonesome shadows she will greet ya |
| Billy, you're so far away from home. |
| There's eyes behind the mirrors in empty places |
| Bullet holes and scars between the spaces |
| There's always one more notch and ten more paces |
| Billy, and you're walkin' all alone. |
| They say that Pat Garrett's got your number |
| So sleep with one eye open when you slumber |
| Every little sound just might be thunder |
| Thunder from the barrel of his gun. |
| Guitars will play your grand finale |
| Down in some Tularosa alley, |
| Maybe in the Rio Pecos valley |
| Billy, you're so far away from home. |
| There's always some new stranger sneakin' glances |
| Some trigger-happy fool willin' to take chances |
| And some old whore from San Pedro to make advances |
| Advances on your spirit and your soul. |
| The businessmen from Taos want you to go down |
| They've hired Pat Garrett to force a showdown. |
| Billy, don't it make ya feel so low-down |
| To be shot down by the man who was your friend? |
| Hang on to your woman if you got one |
| Remember in El Paso, once, you shot one. |
| She may have been a whore, but she was a hot one |
| Billy, you been runnin' for so long. |
| Guitars will play your grand finale |
| Down in some Tularosa alley |
| Maybe in the Rio Pecos valley |
| Billy, you're so far away from home. |
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| and then the is the second version known as "billy 4" |
| Bob Dylan - Billy 4 Lyrics |