the perfect tacklebox

Good morning all,

Let me start this post by saying I know less than nothing about fishing.
However, my husband loves to fish. Therefore I am trolling the fishing NG's
for some info (get it? trolling??? LOL! ... sorry, couldn't resist).

Anyway, through a series of odd circumstances, he has lost all of his tackle
and has only his fishing pole left. I would like to get him a nice starter
tackle box for Christmas but really have no clue what to put in it.

My budget is fairly small, perhaps $40 at the max. I need to get him a
tackle box, of course, but then I need to know what are the basic items that
every tackle box should have.

I don't know if it makes any difference or not, but we live near the Gulf
Coast, so he would have access to fishing there, but he also enjoys fishing
in lakes and streams, wherever he can.

I'd sure appreciate any input to make this a great Christmas present!

Thanks,
Lisa