One of the simplest interpretations of this poem is that it's just a fairy story or folk tale. Some of the key features of this are:
The goblins are convincingly traditional figures. They are shape-shifters, grotesque creatures and most importantly malicious.
One had a cat's face,
One whisked a tail,
One tramped at a rat's pace,
One crawled like a snail,
One like a wombat prowled obtuse and furry,
One like a ratel tumbled hurry-scurry.
Fairies are usually dark-haired but they delight in blond mortals “‘Buy from us with a golden curl.’/ She clipped a precious golden lock,/ She dropped a tear more rare than pearl”
As at the end of Grimm's fairy tale, Rumpelstiltskin, the goblins disappear as soon as they are defeated.
Some writhed into the ground,
Some dived into the brook
With ring and ripple,
Some scudded on the gale without a sound,
Some vanished in the distance.
Three more features of folklore in the poem are:
The danger of peeping at fairies.
The danger of eating fairy food.
The rescue from fairyland.
On the next slide please answer the quiz.