Della was upset because she could not buy a nice Christmas gift for her husband Jim, because she only had $1.87.
Della decided to cut off her long silky hair to sell for $20. Della was really anxious to get the money from her hair.
As soon as she got out of the parlor she rushed to many different shops to find the perfect present. She lit up with joy when she found the watch chain to go with her husbands beautiful watch. Then she started to feel worry because she's afraid that her husband won't like the haircut.
Her husband comes home and she can't wait to show him her gift, but when he came home there not a smile when he saw his hair. She kept saying, "'Jim, dear, don't look at me like that. I had my hair cut off and sold it"'. Jim told her that he loved her and the lenght of her hair doesn't matter.
Jim was upset because he sold the watch to get her some nice hair combs. So she doesn't have hair to comb and he doesn't have a watch to put the chain on.
But they still love each other even though they did some dumb things to get money. Then they put they're gifts away because Jim said, "'They're too nice to use them now"'. And went to the table to eat dinner.