Five Children and It

'It' was the Psammead, the grumpy sand-fairy that could, if in the mood, grant a wish a day. When the five children befriend him they find that each wish granted often has a sting in its tail. Golden guineas are too difficult to spend, wings let them down in a most inconvenient way, and when they wish for Red Indians, the children forget that they can sometimes be a little warlike.