"This is Mr. Henry Corwin, normally unemployed, who once a year takes the lead role in the uniquely American institution, that of department-store Santa Claus in a road-company version of 'The Night Before Christmas.' But in just a moment Mr. Henry Corwin, ersatz Santa Claus, will enter a strange kind of North Pole which is one part the wondrous spirit of Christmas and one part the magic that can only be found in... the Twilight Zone."Corwin is fired on Christmas Eve by Dundee, the store manager, after arriving drunk for work. He walks around, still in his Santa suit, until he finds a bag. It gives out any item that's asked of it. Corwin proceeds to pass gifts out to everyone. Officer Flaherty suspects the merchandise is stolen, and takes him to the police station. Mr. Dundee is there, and tries to find the "stolen merchandise" in the bag, but all he finds is a stray cat and some garbage. Corwin passes out gifts the rest of the night, until the bag is empty. Burt, a friendly bum, points out that Corwin has taken no gift for himself. Corwin replies that his only wish is to do this every year. His wish is granted: In an alley he finds an elf, sleigh and reindeer waiting to take him to the North Pole.
"A word to the wise to all the children of the twentieth century, whether their concern be pediatrics or geriatrics, whether they crawl on hands and knees and wear diapers or walk with a cane and comb their beards. There's a wondrous magic to Christmas, and there's a special power reserved for little people. In short, there's nothing mightier than the meek, and a merry Christmas to each and all."