They didn't line up properly, so I placed the chords just before
the first word they're played on.

Intro:                     
Pick-up on low E-string: | 3-0-2 | C | G | D7 | G

There (G)once was a musical (G7)troupe,
A (C)picking, singing (G)folk group.
They (C)sang the mountain (G)ballads,
And the (F)folk songs of our (D)land.(D7)
They were (G)long on musical a-(G7)bility,
Folks (C)thought they would go (G)far;
But po-(C)litical incompati-(G)bility,
(D)Lead to their down-(G)fall.

Well the (C)one on the right was (G) on the left,
And the (D)one in the middle was (G) on the right;
And the (C)one on the left was (G) in the middle,
And the (D)guy on the rear (D7) was a (G)Methodist. (Intro)