Guy Clarke sings this in Eb, the John Prine/Emmylou Harris version is in Db, so 
transpose accordingly :)

CAPO 1 for Eb

                       D                     A
I'd rather sleep in a box like a bum on the street
                     G                                A
Than a fine feather bed without your little ol' cold feet
                   D                       A
And I'd rather be deaf, dumb, and stone blind
                        G             A                   D
Than to know that your mornings            will never be mine
                    (D)                        A
And I'd rather die young than to live without you
               G                         A
I'd rather go hungry than eat lonesome stew
                         D                            A
You know it's once in a lifetime and it won't come again
                    G           A                  D
It's here and it's gone            on a magnolia wind

                C        G                       D
I'd rather not walk         through the garden again
                        A                  D
If I can't catch your scent on a magnolia wind

Break:
D         |A         |G         |A          |
D         |A         |G    A    |D          |

                       D                         A
Well if it ever comes time that it comes time to go
                   G                        A
Sis' pack up your fiddle, Sis' pack up your bow
                       D                         A
If I can't dance with you then I won't dance at all
                    G           A                      D
I'll just sit this one out        with my back to the wall

                C         G                 D
I'd rather not hear          pretty music again
                       A                    D
If I can't hear your fiddle on a magnolia wind
                       A                    D
If I can't catch your scent on a magnolia wind