Police records showed that more than one criminal had claimed to be The Shadow. In the face of previous occurrences, the police commissioner deemed it wise to rescind the order which Stanley Warwick had sponsored.

Warwick was quick to realize his folly. He knew that he could demand to know the identity of the man who broadcast every week; at the same time, he saw that such an action would be a mistake.

He would not know The Shadow if he should meet him face to face. He would be ridiculed, and would gain nothing. He felt that his best policy was to wait until The Shadow again became active.

If a man in black should commit a crime or place himself in a suspicious position, that would be a starting point.

Warwick already had a tip. Palermo had secretly notified him that George Clarendon should be watched.

Warwick quickly learned facts concerning Clarendon, who was well known in society. But he could not trace the man, nor could he learn where he lived.

All data on Clarendon ended at a certain point. Beyond that, nothing was obtainable.

It was evident that The Shadow was exercising caution, and Doctor Palermo had gained the freedom he desired, temporarily at least.

He advised Warwick to track down The Shadow’s agents, and named Clyde Burke as one of them.

The ex-reporter was not to be found. Following instructions from The Shadow, he was living in the apartment across the street from the Marimba. Harry Vincent was the only one who ventured forth.