Dry Pencil Scare of '47
A period of time in which the global pencil economy crashed forcing pencil companies to manufacture pencils without standard moisture. Only lasted 3 days. The reason the King Castlefunny Pencil Moisteners were created besides boosting popularity of "The Castlefunnies".
Yes, Billy, the Dry Pencil Scare of '47 was almost a catastrophe in U.S. History!