Theola Walden Baker wrote:

>The "lee" part is written that way just to emphasize the long -e sound, not
>to indicate any stress on the syllable.  You could write it PA'-ly-oh.  A
>couple- of-hundred-million-plus Americans have never heard it any other way.
>:-)
>
>

Rhymes with "daily owe" as I say it.

Todd