TURNING his head, he saw the steel door rising! There, crouched below the lifting barrier, was a man clad in black! Once again, Motkin saw burning, blazing eyes!

The Shadow!

The superman in black had come to take control. Now, the range of power had shifted into his grasp! At the sight of a leveled automatic, Motkin dropped his own gun. He backed away to his corner.

Froman was still smiling as he saw The Shadow stepping forward. Motkin was in a quandary. He tried to cry out words of warning, remembering what Froman had told him. He was too late — the door was descending!

As the barrier clicked into place, Froman laughed. The control of this room had gone to another for a few moments. Now, it again belonged to Frederick Froman.

The Shadow heard that laugh. His piercing gaze was turned toward the jesting man. Solemnly, in a low, weird whisper, The Shadow spoke.

“I have come for a reckoning.”

Motkin shuddered at the words. Froman laughed again. This reckoning could not be for him.

“You have come to die!” he cried. “These gems are mine! You are trapped! You cannot leave this place alive!”

The Shadow’s answer was a taunting laugh.