Home
/
RELIGION & LIBERTY ONLINE
/
‘The Gift of the Magi’ and the Power of Exchange
‘The Gift of the Magi’ and the Power of Exchange
Dec 15, 2025 2:23 PM

Amid the wide array of quaint pelling Christmastales, O. Henry’s classic short story, “The Gift of the Magi,” continues to stand out as a uniquely captivating portrait of the powerof sacrificial exchange.

On the day before Christmas, Della longs to buy a present for her husband, Jim, restlessly counting and recounting her measly $1.87 before eventually surrendering to her poverty and bursting into tears. “Only $1.87 to buy a present for Jim,” the narrator laments. “Her Jim. Many a happy hour she had spent planning for something nice for him. Something fine and rare and sterling—something just a little bit near to being worthy of the honor of being owned by Jim.”

Wishing to buy him a new fob chain for his gold watch — his most valuable and treasured possession — Della decides to sell her beautiful brunette hair — her most valuable and treasured possession. “Rippling and shining like a cascade of brown waters,” Della’s hair was so long “it made itself almost a garment for her.” And yet, shedding but a “tear or two,” she goes through with it, trading her lovely hair to secure the $20 needed to buy a present for Jim.

Rushing to find just the right chain, Della scours the village market until she finds the perfect match. “There was no other like it in any of the stores,” the narrator explains. “It was like him. Quietness and value—the description applied to both.”

Later that evening, waiting anxiously for Jim e home, Della tries to make her newly chopped hair look presentable. When Jim finally arrives, he looks at Della’s shorthair and is stunned, proceeding to offer up the gift he himself had been busy purchasing for her:

For there lay The Combs–the set bs, side and back, that Della had worshipped long in a Broadway window. bs, pure tortoise shell, with jewelled rims–just the shade to wear in the beautiful vanished hair. They were bs, she knew, and her heart had simply craved and yearned over them without the least hope of possession. And now, they were hers, but the tresses that should have adorned the coveted adornments were gone.

Filling out ic irony, we learn how Jim afforded such a thing: by selling his prized gold watch. “Dell,” he says, “let’s put our Christmas presents away and keep ’em a while. They’re too nice to use just at present. I sold the watch to get the money to buy bs.”

The two had sacrificed their greatest treasures — wealth that Della didn’t even know she possessed—to lavish gifts on those they loved. And thus, O. Henry concludes the tale:

The magi, as you know, were wise men—wonderfully wise men—who brought gifts to the Babe in the manger. They invented the art of giving Christmas presents. Being wise, their gifts were no doubt wise ones, possibly bearing the privilege of exchange in case of duplication. And here I have lamely related to you the uneventful chronicle of two foolish children in a flat who most unwisely sacrificed for each other the greatest treasures of their house. But in a last word to the wise of these days let it be said that of all who give gifts these two were the wisest. O all who give and receive gifts, such as they are wisest. Everywhere they are wisest. They are the magi.

But althoughthe story itself centers on sacrifice and gift-giving in the typical Christmas context, the power bound up in its central irony is actually echoed and imitated across our livesin more ways than we typically acknowledge. If “all is gift,” as Evan Koons discovers in For the Life of the World: Letters to the Exiles, and if we are called to render these gifts to neighbor and thus to God across all spheres of life — in our families, work, creativity, and worship — how many of these opportunities linger inour day-to-day lives?

Indeed, we oftenparticipate in suchexchanges without even knowing it. We show up to work and yield our time, talent, and energyin the service of God and neighbor, receiving our own share of blessings in turn, from the paychecks we receive to the cars we drive to the gas that fills them to the food we purchase to the love and support and wisdom we’re given by friends and family and munities that surround us. Exchange is everywhere all the time— others-oriented investment and sacrifice is being met by others-oriented investment and sacrifice — creating webs of human relationship and collaboration that have the potential to generatemighty waves of love, generosity, charitability, creativity, and whole-life flourishing, economic, spiritual, and otherwise.

The challenge, then, is to not take it for granted — to know and appreciate it, yes, but further, to actively respond toGod’s call toward service in all that we do. To create and innovate, invest and reap, trade and exchange, and do so for the glory of God,not ourselves. To enter the workplace not just to make a buck or to gain status fortability, but to give of our talents, gifts, knowledge, and wealth in active obedience to the voice of the Holy Spirit.

As Evan Koons concludes at the end of Episode 3 of FLOW, God gave us a “gift nature” not that we might plod along as cogs in some grandmachine, but that we might participate in God’s movement of divine generosity and vast abundance:

mands us not to be anxious about our needs, so then why do we toil? Merely to tend our bodies? Or also to shape our souls? In giving us work, God invites us to blend the creativity of our minds with the labor of our bodies and then to share the products of this work with one another in free exchange —to make real munal nature, our gift nature, through our personal callings. We must never see our work as simply a way to gain. We must never see our labor as an impersonal force of efficiency. We must never see our work merely as a mechanism we might control with levers and switches of power.

All our work together, what we call the economy, that’s not a machine, either. Work is always personal, because work is always relational…So let us cherish our work as the glorious gift it is — the opportunity to join with others, literally millions of others, in a divine project of vast creativity, vast abundance for the meeting of needs, for the flourishing of cities, for the life of the world.

We, like Della, Jim, and the Magi before them, can wake up each and every day, grateful and eager to bear what O. Henry so poetically refers to as “the privilege of exchange.”

“O all who give and receive gifts, such as they are wisest. Everywhere they are wisest.”

Comments
Welcome to mreligion comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
RELIGION & LIBERTY ONLINE
.xxx domain proposal fails, x3
The effort to create a top-level domain suffix for adult Web sites has failed, for the third time (HT: X3). ICANN voted 9-5 to defeat the proposal, which was roundly opposed by an unlikely alliance of religious groups and the adult entertainment industry. The proposal would have created a new “.xxx” suffix that would have allowed voluntary participation of adult content providers. Many in that line of work are concerned that such a voluntary program could e mandatory, “pushing them...
Faith-based organizations measure success
Here’s a mended read for anyone interested in measuring the effectiveness of a faith-based charity. The Heritage Foundation has published a special report titled, e-Based Evaluation: Faith-Based Social Service Organizations and Stewardship” by Patrick F. Fagan, Ph.D., Claudia Horn, Calvin W. Edwards, Collette Caprara, and Karen M. Woods — Acton’s former Director of Effective Compassion. Summary: e-based evaluation has the potential to engender a revolution of increased effectiveness in the mu­nity and to debunk skeptics’ claim that faith-based programs are...
John Paul II: a Protestant tribute
Those who know me are not surprised to learn that I sincerely admired Pope John Paul II for many years. At first, like many Protestants, I saw him only as the pope, thus as a person standing in some kind of opposition to my own Christian faith. After I began to grasp what I believed about the Creed’s affirmation regarding “one, holy, catholic church” I found my heart melted to love all Christians everywhere. It was not hard for me...
EPA must examine climate change link
The Supreme Court ruled today (5-4) in the case of Massachusetts v. EPA (05-1120) “that the federal government had the authority to regulate greenhouse gases that may contribute to global warming, and must examine anew the scientific evidence of a link between those gases and climate change.” Toward the end of last year some were arguing that “this case is not about the science of climate change. There is no dispute that human emissions of greenhouse gases affect the global...
Evangelical alarmism
In a piece for The American Spectator earlier this week, Mark Tooley of IRD evaluates the global warming dust-up at the NAE. In “Prepare for Biblical Floods and Droughts,” Tooley especially criticizes the reaction of emergent church leader Brian McLaren, who used the examples of Noah and Joseph to argue for the legitimacy of a prophetic voice on climate change. Tooley writes that we can expect Global Warming to remain the main obsession of the evangelical left and of NAE...
‘Reverse’ subsidies
A couple weeks ago the NYT magazine ran a piece by contributing writer Tina Rosenberg, which attempts to outline some of the ways in which “everyone in a wealthy nation has e the beneficiary of the generous subsidies that poorer countries bestow upon rich ones.” What does she mean? In “Reverse Foreign Aid,” Rosenberg asserts that there are five major forms of poor-to-rich international subsidy. The first is the tendency among poorer nations to build-up great reserves of hard currency,...
Climate Conspiracy Theory (w/apologies to CS Lewis)
MY DEAR WORMWOOD, It is indeed fortunate that Our Father has seen fit to quech our appetites in another way and put you in a new role despite your losing in quite dramatic style your former patient to our Enemy. At least you have the good sense to continue our counsel together. I note what you say about your patient’s apparent obsession with things terrestrial and that you’ve been taking care that he sees a good deal of his apoplectic...
A Psalm for Holy Week
Psalm 22 – A Cry of Anguish and Song of Praise – A Psalm of David 1My God, my God, why hast thou forsaken me? why art thou so far from helping me, and from the words of my roaring? 2O my God, I cry in the daytime, but thou hearest not; and in the night season, and am not silent. 3But thou art holy, O thou that inhabitest the praises of Israel. 4Our fathers trusted in thee: they trusted,...
Europe’s amnesic anniversary
Despite all the hoopla surrounding the 50th anniversary of the Treaty of Rome, all is not well with the dream of a united Europe — at least as it’s envisioned by the political class and Brussels technocrats. In addition to its ongoing economic malaise, the European Union still seems unable to fully acknowledge its cultural, religious and political roots. “People who suffer from amnesia have great difficulty making sound choices about the future because they do not know where they...
A one-size-fits-all approach to charity regulation?
Anyone concerned with good governance in the nonprofit sector — and it’s independence — should read the updated draft report on “principles of effective practice” issued by Independent Sector. The group has been working closely with the Senate Finance Committee, which for the past two years has been investigating abuses in the world of charities and nonprofits. The abuses, which usually involve excessive pensation and lavish perks, pop up with dreary regularity. A good example of this is what’s been...
Related Classification
Copyright 2023-2025 - www.mreligion.com All Rights Reserved