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King Wasteful V is the title character in the Sesame Street story The King Who Wasted Paper. He has the bad habit of ordering his Royal Paper Maker to cut down a tree and make him a new batch of paper. Then, when he gets his paper, King Wasteful simply crumples it up and throws it away, rather than putting it to proper use. This continues until there is only one tree left in the whole forest. Then the king is taught a very valuable, important lesson.