The term 'Elephant of Children's Lit' refers to the beloved character Babar, a five-letter word. Babar is a fictional elephant created by Jean de Brunhoff in 1931. He is the protagonist of a series of French children's books, and has since become a popular figure in many other media, including films, television series, video games, toys, and more. The stories follow Babar's journey from a young elephant living in the jungle to becoming the King of the Elephants. Babar is known for his kindness, intelligence, and courage, making him a beloved character among children and adults alike.