|Perhaps Step 2 was to steal copper?|
Nickel: Named after Satan or Old Nick
This confused me greatly. What the heck is Santa Claus doing hanging out with Satan ?
After a bit of poking around on the internet, I found an article from 1931 by a guy named William Baldwin called The Story of Nickel, How "Old Nick's" Gnomes were Outwitted. Needless to say, this did not allay my confusion.