Please note that this is the core of the song. 

Peter and Lou - Valdy

This is not the exact intro for the song but it works in this key.
 
x2

E                 E
Peter and Lou would skate
E                  Ebm    Ab7
On winter's frozen lake
A                         Abm
Circling around all their friends
A                      F#m7    B
Laughing wherever they went.

        E                    E
They're catching the mornin' plane
    E                   Ebm    Ab7
And sendin' the rest by train, 
A                           Abm    
Hangin' their skates on the wall
A                            Abm
Takin' their turn and that's all
     F#m       Am6      E       F#           A            B7         
With brushes & canvas & macrome handcrafts & Bessie Smith singin' the 
E7
blues... 
A                    Abm
A chorus for Peter & Lou.


B7   B7

    E                E
Now loneliness has a way
   E                  Ebm    Ab7
Of hangin' around all day
    A                     Abm
I'm standing alone on the ice
    A            C#m   F#m7          B
I'm wonderin' if maybe they've been right

E                  E
So I'll catch the mornin' plane
E                    Ebm     Ab7
Send all the rest by train
C#m         A            Abm
Leavin' the ice there to thaw
    A                         Abm
I'm takin' my turn and that's all.
     F#m         Am6       E              F#        A         
And if I should miss them, I'll go back & listen to Bessie Smith 
B7          E7
singin' the blues
A                      Abm
In a chorus for Peter & Lou


     F#m         Am6       E              F#        A         
Oh, if I should miss them, I'll go back & listen to Bessie Smith 
B7          E7
singin' the blues
A                      Abm
In a chorus for Peter & Lou