The story opens with a whimsical departure from traditional royal tales. Instead of kings or princesses, the narrative centers on a "simple, solid little log" residing in the carpentry shop of Mr. Antonio. Mr. Antonio, affectionately known as "Mr. Cherry" due to his "round and red and ripe-looking" nose, intends to transform this mundane piece of wood into a functional leg for his coffee table. However, the wood possesses a supernatural quality: it can speak.
As Mr. Antonio prepares to strike the wood with his axe, he is interrupted by a "tiny little voice" pleading, "Oh please, not too hard." The carpenter's frantic search of his shop—checking "under his workbench," "inside the closet," and even the "pile of sawdust"—yields nothing. The tension escalates when he strikes the wood again, and it wails in pain. This supernatural occurrence causes Mr. Antonio's "eyes [to] bulge like balloons," leading him to subject the wood to physical abuse, smashing it against walls and the ceiling in a desperate bid to silence or uncover the source of the voice. Despite his efforts, the wood remains silent until he begins sanding it, at which point it giggles and complains that the "sandpaper tickles my sensitive skin."
Into this chaotic scene steps Geppetto, an elderly man often mocked by local children as "Polendina" because his "yellow wig looked like a bowl of that cornmeal mush." The interaction between the two friends quickly deteriorates due to the mischievous influence of the wood. When Geppetto shares his grand ambition to create a "puppet" that can "dance and do flips in the air" to secure fame and fortune, the wood interjects by calling him "Polandina."
This insult triggers a series of misunderstandings. Geppetto, believing Mr. Antonio is the culprit, descends into a rage. The narrative describes a violent physical confrontation involving "blows and bites, slaps and kicks and shrieks and scratches." In a moment of surreal humor, the two men fight until they are holding each other's wigs, only to briefly reconcile once their hair is restored.
Peace is short-lived. When Mr. Antonio attempts to gift the problematic wood to Geppetto, it "violently smacked Geppetto in the shins." The accusation of assault leads to a second fight, characterized by mutual name-calling—Geppetto labeling Mr. Antonio an "idiot, a donkey, and an extremely ugly monkey," while Mr. Antonio retaliates with the forbidden "Polendina."
The brawl leaves both men bruised and missing buttons from their shirts. Realizing the futility of their behavior, they eventually reach a fragile agreement. The story concludes with Geppetto, battered but persistent in his dream, taking the mysterious piece of wood and "happily limping home," setting the stage for the creation of a legendary puppet.