Abstract: The invention is concerned with a package and dispensing device for a spool having material wound thereon to prevent inadvertent unwinding of the material yet permit easy access to the material for dispensing when desired. The device comprises first and second main panels connected to each other along the top and bottom thereof, a closing flap at each side of each main panel and connected thereto by arcuate fold lines, the outer edge of each flap being arcuate, one said flat at each side being folded inwardly on one said arcuate fold line and having its outer arcuate edge engaged against the inside surface of the opposite main panel, and the other flap at said side overlying the last mentioned flap whereby said flaps form concave side walls, one of said main panels having a window therein, and a spool having material wound thereon positioned between said main panels and between said concave side walls, adjacent said window which permits removal of said material from said spool.