The phrase "more gone by" can be phonetically transcribed as /mɔːr ɡɒn baɪ/. The first word "more" is pronounced with a long "o" sound as in "bore," while the second word "gone" has a silent "e" at the end and the "o" sound is like "awn." The final word "by" is pronounced with a short "i" sound as in "bid." Overall, the spelling of "more gone by" accurately reflects its pronunciation in English.