"The gift of the Magi" is a short story USA famous writer O Henry wrote. O Henry's novel idea novel, humorous, often with the outcome beyond all expectations, reasonable, and consistent with the logic of life, so it is often called the "o. Henry ended". The novel by describing the hero and heroine are choosing a gift on the Christmas Eve, a series of psychological characteristics and struggle of the gift exchange, reflects the beauty of love of the poor. But it also reflects the dilemma when facing the reality of love. This article from the contradiction between love and reality, the more novel angle, through the analysis of the social situation at that time (including some experiences, the author itself and the characteristics of the work itself), poor love study and artistic characteristics (structure, rhetoric, details) etc., are described. It can show behind the comedy ended, in fact reflects the bitterness and pain of real life, and the poor among the true meaning of love. "The gift of the Magi" is a short story USA famous writer O Henry wrote. O Henry's novel idea novel, humorous, often with the outcome beyond all expectations, reasonable, and consistent with the logic of life, so it is often called the "o. Henry ended". The novel by describing the hero and heroine are choosing a gift on the Christmas Eve, a series of psychological characteristics and struggle of the gift exchange, reflects the beauty of love of the poor. But it also reflects the dilemma when facing the reality of love. This article from the contradiction between love and reality, the more novel angle, through the analysis of the social situation at that time (including some experiences, the author itself and the characteristics of the work itself), poor love study and artistic characteristics (structure, rhetoric, details) etc., are described. It can show behind the comedy ended, in fact reflects the bitterness and pain of real life, and the poor among the true meaning of love.