The Phoenix & the Carpet is E Nesbit's second fantasy novel & is the sequel to Five Children & It From Robert Anthea Jane & Cyril's new nursery carpet there falls a mysterious egg which is hatched in the fire to reveal a benevolent resourceful & ingenious Phoenix who explains that the carpet is possessed of magic qualities & so begins a series of fantastic & bizarre adventures as the carpet transports the children & the Phoenix to places as diverse as a chilling French castle a desert island & even the Phoenix Fire Insurance Company's offices which the Phoenix believes to be a shrine for his followers