- Episode 1: "The Bank Mystery" Mr. Carlow, a wealthy American living in London, is engaged to Lady Gwendolin, and has ordered from Arabin and Company, famous Fifth Avenue jewelers, a necklace worth two million dollars, to be made for her wedding present. She is anxious to see it, and he sends the junior partner of his London solicitors, Wade Hildreth, to America to get the jewel. He cables the young attorney's personal description to Arabin, and gives Wade his certified check for two million dollars. Wade makes ready to go with his secretary. Jean Marco. In New York is a master criminal known as the Gray Ghost. So perfect is his organization that he is never even suspected of the crimes and robberies which follow each other in quick succession. Only one member of the detective force really believes in his identity. This is Jerry Tyron. The Gray Ghost intercepts the message from Arabin. He prepares a reception for Hildreth, for he wishes to get the necklace and the check. Banker Olmstead is at dinner with his wife and son who is employed in the bank with him. His father is anxious that the books shall be in order, as the auditor is coming to examine them. He decides to go down to the bank. Young Olmstead is in the power of the Gray Ghost, to whom he has lost at cards. He goes to him to say that the game is up, and asks for mercy. Instead of helping him, the man plans to get him further into his power. Morn Light, a musical comedy star, whose connection with the Ghost is mysterious, arrives during their discussion. The Ghost asks her to retire, but she listens and watches. She sees the Ghost's men strike down Olmstead, and demands to know what is to be done with him. The Ghost tells her to mind her own business, and she is very angry. He sends her home. Olmstead has arrived at the bank and ordered the vault to be opened. The watchman is in the pay of the Ghost. Olmstead discovers his son's thefts from the bank. Suddenly he is shot down. It is the Ghost's men who have been introduced into the vault by the watchman. The men appear, carrying the boy. They place a revolver in his hand, and leave him lying upon his father's body. He comes to, and the watchman tells him that he has shot his father, and that the police are after him. He cannot believe it, but an officer rushes in and drags him out. In the car the officer changes his clothes to civilian attire, and when Olmstead demands to know what it means he is silenced. The Gray Ghost waits till one o'clock, and then he calls up Tyron and tells him that the bank has been robbed. Tyron sets out at once with a large force of police. They arrive at the bank, and find the unconscious watchman. The body of the banker has disappeared.—Moving Picture World synopsis
- Episode 2: "The Mysterious Message" Hildreth, the English attorney, is ready to go to New York, and Carlow commissions him to get a necklace worth $2 million from Arabin in New York, saying that he will cable Arabin in code that Hildreth is coming. On the steamer Hildreth receives word from Arabin that he will call at the Hotel Battenberg that night, where Hildreth's room is engaged for him. Meanwhile, the Gray Ghost reads the copy of a cablegram from Carlow which says that Hildreth will arrive in New York the 25th; that the necklace is to be delivered to him per order, he having Carlow's certified check for $2 million. Morn Light, in her dressing room, awaits a message from The Gray Ghost. Her maid watches closely; she appears to be a woman not to be trusted. The Gray Ghost arrives, phones to some men and then proceeds to make love to the girl, but though he loves her, she hates him. Hildreth lands from the steamer and is met by a man who leads him to a taxi. But just as he is about to enter the machine, Hildreth remarks that he prefers to walk. In the Battenberg Hotel, other men are waiting. Hildreth learns that a room has been engaged for him on the sixth floor but when he gets up there he shudders as he looks down into the street, and tells the bellboy he thinks he will have to change his room. The men in the adjoining room hear and are furious. They manage to stand near Hildreth as he procures another room so that they see the number of it. Then they phone The Gray Ghost at Morn Light's apartment of the change of rooms. William, private secretary to Arabin, but really a co-worker of The Gray Ghost, comes to the apartment and the former tells him of their disappointment. William is worried about having intercepted Carlow's cablegram, but The Gray Ghost merely nods. The three crooks enter and The Gray Ghost flays them for their failure to do as ordered. He tells them of the $2 million check and of the pearl necklace; he wants them both. The Gray Ghost phones Hildreth that he is Arabin and has booked seats for a show at the Brooks Theatre, after which they will have a supper party. He will be unable to go with Hildreth to the theatre but will join him as soon as possible. Hildreth is delighted at Arabin's thoughtfulness. Morn Light blames The Ghost for lying and saying that he is Arabin. She declares that she is going to telephone Hildreth. She picks up the telephone, and he grabs her. They fight, and he chokes her into submission.—Moving Picture World synopsis
- Episode 3: "The Warning" At the theater Hildreth sits in a box with two crooks, who were there before he arrived. He appreciates Morn Light's beauty and splendid dancing and sympathizes with her when she falls, spraining her ankle. The manager informs the people that Miss Light will appear in the next act, but will be unable to dance again. When the men leave to smoke, Hildreth follows them, and in the smoking-room is handed a program by a boy who whispers to him that there is a message inside it. The two crooks are determined not to let Hildreth return to the hotel. Morn Light becomes more anxious every moment. The note urges Hildreth to come at once to Morn Light's dressing-room. The maid listens at the door, and realizing this, Morn Light laughs, calls Hildreth by the name of Ted, and then sends the maid to the drug store for a headache powder. Morn Light writes, on a piece of paper and hands it to Hildreth. He reads, "For God's sake laugh." The situation is very strained. Writing again, she tells him he is Ted Daly; not to ask any questions, but to meet her at twelve in the private dining room at Bishop's, to ask for Jacques, who will understand and show him to the room; not to go back to the theater; to say something polite about her injury and not to forget that he is Ted Daly. Just then the maid enters to say that she sent a boy for the headache powder. Hildreth leaves. Two hours later The Gray Ghost is told by the crooks that they have again been foiled. Hildreth calls up the Arabin home and learns from the butler that Mr. Arabin has not been in New York that day, but is in Boston. Hildreth is flabbergasted, but he goes to the restaurant and asks for Jacques, who shows him a private room, with a special exit. Hildreth sits down to wait. Morn Light is helped home by her maid, whom she sends to the drug store for a forgotten package. When the girl is gone she rushes to the phone and calls up Hildreth at Bishop's. She is just warning him not to return to his hotel when The Gray Ghost enters her room. She hears him, and changing to a light tone, she laughs and thanks "Ted Daly" for calling her up again. The Ghost says, "I hope this is not a love affair, for remember, you belong to me!" He goes toward her to take her in his arms, but she seizes a paper-knife and keeps him off.—Moving Picture World synopsis
- Episode 4: "The Fight" The Gray Ghost held at bay by Morn Light laughs, pleased at her exhibition of spirit. In the café, Jacques is telling Hildreth about the Gray Ghost and the Olmstead bank robbery, that the watchman was left to pay the penalty, and his wife and children well provided for. The Ghost bids Morn Light good night, stops at the switchboard, sees the number she called, and learns it is Bishop's café. He phones his own apartment, and Williams tells him Morn Light knows where Hildreth is. He tells Williams to take some men and get Hildreth without delay. Jacques sees the men approaching and warns Hildreth, who disappears through the secret door down the stairs and into the street. When the men enter Jacques says he does not know where "Mr. Daly" is, but they force him to open the secret door. Hildreth has escaped. Marco, Hildreth's secretary, enters in search of his employer. He has become suspicious, demands to know what they have done with the Englishman, and a fight starts. Marco defeats them one by one. Hildreth rushes to Morn Light's apartment and tells her he is Ted Daly. He demands the name and purpose of the Gray Ghost. She is about to answer when the Ghost appears. He sarcastically tells Morn to tell Hildreth his name, but she is speechless. Hildreth attempts to defend himself, but three men cover him with revolvers. The next day Jerry is fired from the police force for still believing in the Gray Ghost. Jerry is about to leave when the secretary of Hildreth arrives. He tells the detective about the fight. The Ghost is delighted to read of the disappearance of the young English lawyer. His men say that they were about to get him when the boss did the job himself. The Ghost sneers. Arabin returns and goes to his store. The Gray Ghost, fashionably dressed, walks about inspecting the jewels displayed.—Moving Picture World synopsis
- Episode 5: "Plunder" Marco has gone to headquarters to try to trace his employer, Wade Hildreth, who has disappeared. Jerry Tvron, the detective who has lost his job for believing that there is such a person as the Gray Ghost, goes to the hospital to interview the waiter Jacques, who was hurt in the fight at Bishop's. He finds that it will be some time before the man can speak, and does not know where to turn for a clue. Arabin, the jeweler, returns from his trip and enters his private office, where his secretary, Williams, is waiting for him. The jeweler opens the safe. Williams strikes him down, takes the necklace, and then props Arabin up in a chair. Outside the store, in the meantime, two auto trucks have driven up, and the drivers are examining their engines, apparently for engine trouble. Inside the store are several of the Ghost's men buying and looking at goods, and strolling looking at the cases. At exactly ten o'clock, the secretary, Williams, sends the stenographer out. The office boy comes in with a card from a Detective agency. Williams says that the men are to be taken to the vault, and shown everything. They are the Ghost's men in reality. The boy takes them to the vault. Then Williams tells the boy to bring all the store detectives to Mr. Arabin's office as he wants to see them all. They appear, and Williams holds them up with a gun, and backs them into the private office. They discover the body of Arabin in the chair, and try to telephone, but find that they are trapped. The Gray Ghost leaves the actual robbery of the store to his lieutenants, while he embarks in a launch for his yacht. On board are Hildreth and Morn Light. She is in a faint. Hildreth is impotent, and the Ghost triumphant. He says, as he looks at his watch, "Well, my boy, I think the two million dollar necklace will very soon belong to me."
Episode 6: "The House of Mystery" Williams has decoyed the store detectives into the private office of Arabin, the jeweler. They find the telephone wires cut, and are forced to remain with the senseless body of their employer in a chair. In the meantime the two crooks, who gained entrance into the vault as inspectors, are packing the valuables. In the store others of the Gray Ghost's men are awaiting Williams' signal to fall upon the loot. In the back alley a huge empty motor truck stands ready. An auto draws up in front of the store, and several men enter and go to different counters, holding the clerks in conversation. There are many customers in the store. At a signal from Williams, the Ghost's men draw guns, and order the customers to line up at the right, the clerks to the left. They fill their bags. Women shriek and faint. One clerk tries to break away and is shot. The porter is shot trying to escape. The crooks in the vault come out of a side door. A crook stalls his motor lorry in the street and provokes a fight with a man to keep the attention of the cops away from the store. At an order from Williams, the crooks back out with the loot, keeping their guns pointed at the crowd. Williams is the last to leave. The detectives in the private office break the glass door and climb through, rushing to the store, where they find that they are too late. The crooks have driven off in the empty truck. The commissioner at headquarters is told of the robbery. He thinks of Jerry Tyron, who predicted that the Ghost would soon be active. He calls Jerry, and learns that though he has left the force, he has gone to the hospital to interview the waiter Jacques, who is still unconscious, and may not be able to speak again. The commissioner tells Jerry that he wants him back on the force. Out on a country road the auto truck is met by a hay wagon. The crooks hide their loot in the hay, and the wagon drives off, while they, after setting fire to the truck, take to an automobile. Meantime, the Gray Ghost, with some of his men and his two captives, Morn Light and Wade Hildreth, are in a launch nearing a mysterious island. Wade attacks one of the men in the boat, throwing him overboard, but the man swims to the landing. They disembark, enter an auto waiting, with a chauffeur armed with a gun, and are driven to a lonely-looking house. Wade is overpowered. Morn Light asks what will be done with him. The Ghost says that Hildreth will never leave the place alive. He locks her in a room. Wade has been put into another room, where he finds a young man. Young Olmstead, who is told by the Ghost that the police are still anxious to know of his whereabouts for the murder of his own father, the banker. He says he hopes that the two men will become friends, as they are destined to see a great deal of each other.
Episode 7: "Caught in the Web" Hildreth makes an effort to escape from the mysterious house, but is overpowered by several men. Alone, he and Jack Olmstead become friendly, Jack shows a newspaper clipping stating that he is suspected of his father's murder. In the basement of the mysterious house, Williams and the other crooks are looking at the loot when the "Gray Ghost" enters. They are forced to tell him that they have missed the necklace. The accuse Williams, but the Ghost believes in him. Meantime, Jerry and his detectives question the boy at Arabin's. The phone rings and the doctor of the hospital summons Jerry to come quick: Jacques has spoken at last. Jerry rushes away and is followed by two crooks who have been waiting for him. At the hospital, one of the crooks waits while the other runs away to a phone to tell the "Gray Ghost" that Jerry Tryon has just rushed to the hospital. The "Gray Ghost" is angry and orders the crook not to lose sight of Jerry, for if he learns anything important he must go. Marco decides to go to the hospital to see Jacques. The doctor has taken notes of what Jacques has said and Marco reads, "Morn Light, ted Daly, at Morn Light's apartment, save them." When Marco leaves the hospital, two crooks spring upon him and after a great fight get the note from him. Marco continues down the street. In his own apartment the "Gray Ghost" is looking at the picture of Morn Light, murmuring to himself that he would kill her if he didn't love her, when a crook arrives with the note. The "Gray Ghost" is anxious. Jerry, Marco and two detectives enter Morn Light's apartment with a skeleton key. Two crooks sneak into the apartment and when Marco looks about, the "Gray Ghost" steps from behind a curtain and asks if there is anything he can do for them. Marco looks at him and at the same time switches off the lights; the door opens and the figures of two crooks as well as those of the detectives are silhouetted. Many shots are fired.
Episode 8: "The Double Floor" When the smoke cleared away, Marco and the two detectives who had invaded Morn Light's apartment were covered with ten guns. The detectives were relieved of their shooting irons, and sat down to await developments. The crooks took Marco and put him on the back seat of a car, and with a crook on either side, put on all steam for the House of Mystery. Williams, in the apartment, forces one of the detectives to talk to Jerry Tryon over the phone, telling Jerry to come at once, as they have landed the Gray Ghost. At the House of Mystery a man fights with the keeper, and the latter is thrown down a trap. Then the man breaks in the door of the room where Morn Light is held. Morn Light and the two men are struggling when Hildreth, hearing the girl's screams, appears and starts fighting with the man. Olmstead, being bound, succeeds in freeing himself, and adds his force with that of Hildreth against the man. But thinking he sees the ghost of the Gray Ghost, Olmstead collapses. Just after overcoming the man, Hildreth answers the phone, receiving the message that "everything is fixed for Hildreth." As Hildreth and Morn Light start to leave the Mysterious House, two bloodhounds dash toward them. A new maid has come to Arabin's house, who is in league with the Gray Ghost. The butler is also a tool of the crooks, and Arabin is suspicious of both of them. Jerry Tryon and his men arrive at the House of Mystery. In the room, Williams and the others, hearing the noise, switch out the lights, and when Jerry enters the room he finds only the three detectives, whom he begins to upbraid. They ransack the apartment, but find nothing. A detective is left to watch the place, and Jerry and the others leave. While Hildreth's secretary, Marco, is being taken over a bridge by the crooks in the touring car, he overhears a bit of conversation which is important. "The boss should be at Arabin's in about half an hour," said one of the crooks. "Sure, twenty minutes I give him, and he'll be on time, too." Watching his opportunity, Marco called the crooks' attention to something at the side of the road, and while they were thus busy, he jumped out of the car into the water thirty feet below. He manages to escape to the city and warns Merry that the Gray Ghost is at Arabin's. In the meantime the boss makes his call upon the jeweler, sending his card in by the butler. Arabin declines to see him, but the Gray Ghost walks in. "Me. Arabin, I am the Gray Ghost. In looting your store the other day there were one or two little things that we missed. One of them was the pearl necklace. I believe it is worth about two million dollars, is it not? I refer to the one you made for Mr. Carlow of London. If it is all the same to you, I will trouble you for that now." Arabin, although his suspicions had been vague, had prepared against eventualities. Backing over to a secretary, he opened the drawer and, pulling out a revolver, fired point-blank at the Gray Ghost.
Episode 9: "The Pearl Necklace" Arabin, the jeweler, pulls the trigger of the revolver, but the Gray Ghost only smiles. The butler in the hall winked at the maid as Arabin furiously pulled the trigger. Then he pulled the bullets which should have been in the revolver out of his pocket. An instant later the Gray Ghost's gang is in the house searching for the two-million-dollar Carlow necklace. In the meantime Jean Marco, Hildreth's secretary, arrives on the borrowed horse at headquarters. There he informs Jerry Tryon that the Gray Ghost is at Arabin's house, and tells him to take all his men there if he wants to save the necklace. Ten able-bodied plain clothes men bundle into an automobile. But when Tryon finally knocks at the door the Gray Ghost has discovered the necklace and is about to depart. "Ten guns are covering you, Mr. Arabin," says the Gray Ghost, "and if you forget for one instant that I am your physician, and am attending you for a bad cold, you will never need another doctor." Then they let Tryon in, and it is not until the Gray Ghost has started to leave that Arabin tips Tryon off. "Halt there," says Tryon. Two shots ring out, both from Tryon's gun. One gets the Gray Ghost fair in the chest, the other barely misses the butler. A furious struggle ensues. All seems over for the band when Williams, Arabin's former secretary, makes a break, with Jean Marco close at his heels. "Well, they didn't get the right necklace, anyway.'' said Arabin. "This one is an imitation." Meanwhile in the house on the island of mystery, Fred Olmstead suddenly sees an apparition of the Gray Ghost pointing directly at him. He falls senseless. The telephone rings. "Everything is fixed in the steel chamber for Hildreth," is the message. Hildreth turns white, but neither he nor Morn Light understands the meaning. Suddenly the double floor starts to go down again, and Hildreth and Morn Light get on and go down to the second floor, where they wander about in the passages below until the ghostly apparition of their common enemy is suddenly seen at the end of the passageway. They make a quick turn, and as they step into a room the floor goes down from under them and they drop into a steel-walled room into which water is pouring. Thus we leave them with Jean Marco rowing toward the island, and Jerry Tryon writing his report to the chief of police.
Episode 10: "Shadows" [not published]
Episode 11: "The Flaming Meteor" Moonlight, Hildreth and Marco, stealing through the underbrush, suddenly paused in terror. Three weird shapes were approaching them. They moved as if encased in metal, as indeed they were. With indrawn breath came a sensation in the throat of each of the fugitives. They saw a stream of vapor coming from the mouths of the figures, which moved upon them. "It is poison gas," cried Marco, "Fly for your lives!" The sky grew darker and darker, and the whole atmosphere seemed charged with deadly fumes. Suddenly there came a crash. The sky seemed to split and a meteor plunged head-on crashing the figures to the ground. Cecelia, Morn Light's maid, had watched with jealous attention the progress of the Gray Ghost's infatuation. Now she searched him out, and informed him she knew the secret which enabled him to confront with such indifference the menace of his enemies. "I'll inflict upon you the fate you reserved for me," she cried, advancing with upraised knife, for she had learned that only a knife stab to the heart could kill him. As she approached he gave the signal, and she was surrounded by his henchmen and quickly disarmed. She fell into passionate sobbing, while he left her to seek Morn Light, who had been discovered wandering on the island. His object was to obtain the ring Hildreth had given her, and he exerted the mysterious influence he possessed to attain his end. Morn Light never knew why she acceded to his demands, but she was powerless in his hands. She was about to hand him the ring when Cecelia spoke. "You're covered," she said coldly, and the master thief, turning, saw a revolver in her hands.
Episode 12: "The Poisoned Ring" "Give me the ring," said the Ghost, and Morn Light obeyed him, when a bullet from Cecelia's revolver crashed past her head and buried itself in the wall of the house. Morn Light fled to her room, while the Ghost seized the half-crazed maid by the arm. She fought him angrily, and snatching the ring from his hand, tried to break away. Then she pointed the revolver straight at him, but he smilingly said, "Have you forgotten the only way to kill me?" Hildreth had followed Morn Light to her room, and the sound of the shooting seemed to restore her senses. She told him that she remembered nothing of what had taken place, and he was more puzzled than ever. Marco followed Cecelia, and concealing himself, managed to overhear her telling the crooks her plan to kill Morn Light. "I have a ring," she said, "the exact duplicate of Hildreth's, which is infected with a deadly poison so that the smallest scratch will cause death." As Marco was hastening to his friends with this news, he was held up and almost overpowered by several desperate men. He fought them off, and climbing up a water pipe, escaped by crossing a telephone wire hand over hand. At the police commissioner's all was in readiness for the visit of the Ghost. His appearance was greeted by the commissioner, but he was immediately covered by the revolvers of Arabin and Tryon, who had concealed themselves, awaiting his promised call for the necklace. "The safe is open for you," said the commissioner suavely, bowing low. As the master criminal turned to it, the two men emerged from their hiding place and called to him to hold up his hands. "Only the Gray Ghost himself can catch me," he cried, pushing them aside as if they had been children. He then dived into the safe and shut the door. When they opened it, all trace of him had disappeared. Another mystery.
Episode 13: "The Tightening Snare" "And that is all right," said the Ghost as ho arranged four aces on the table, and took the necklace out of the drawer where the commissioner had hidden it. The two police officers with Arabin, entered to find the necklace also gone. Marco, rushing to save Morn Light from the poisoned ring which Hildreth was just about to place on her finger, manages to elude Cecelia, and enters the room just in time. The Ghost follows, and bears their plan for a speedy marriage. He goes out, and when the taxi which Hildreth orders, drives up, he overpowers the chauffeur and takes his place. He has instructed Cecelia to summon the gang to the island. Hildreth and the girl come out and get into the car. Marco, leaving them, looks back, and sees the chauffeur struggling out of the shrubbery. He calls a motor cop and they follow the taxi. The Ghost drives to the waterfront and forces the two to enter a boat to the island. Marco sends the cop back to report and starts to swim across. The Ghost tires and when Marco dives, thinks that he has killed him, but Marco makes the swim and arrives at the island. The crooks on the island fight Marco, while the Ghost locks Hildreth and Morn Light in a room, having shown them the necklace. The motorcycle cop has summoned the commissioner and his men, who also arrive at the island. They fight the crooks and get the best of it. Cecelia, determined to put an end once and for all to Morn Light, her rival, touches the button which lowers the secret room to the basement of the house. She tells the commissioner that they have escaped. The commissioner plans to blow up the house, but first searches it thoroughly for Hildreth and Morn Light. Then a quantity of dynamite is placed under the house. "They are down on the beach now, I tell you," says Cecelia to Marco, who rushes off to hunt. He returns and tells the commissioner that there is no trace of the two. Cecelia laughs. At that moment the house goes up in a cloud of smoke and debris. "They were in the secret room of the house all the time,'' cries Cecelia, and the police, with Marco and the commissioner, make a rush for the ruins. Fire has broken out, and the situation of Hildreth and the girl is desperate, if indeed, they are still alive.
Episode 14: "At Bay" "Search the ruins, quick," cries the Commissioner, as the House of Mystery goes up in the smoke of the explosion. Tryon and Marco, with the rest of the police officers, search the ruins for the bodies of Morn Light and Hildreth, for they are convinced that both must have been killed. They discover an underground chamber, where Morn Light and Hildreth are found safe. In the confusion, however, The Gray Ghost, Cecelia and tow of his confederates have escaped. The others are safely in handcuffs. At last it seems Hildreth and Morn Light will be married. Hildreth is with Morn Light, making arrangements for the ceremony that night, and after cautioning her to have everything ready, he leaves to prepare for the event. Cecelia has hastened to the crook's room, and realizing that The Gray Ghost is lost to her, determines to kill him. She hears the others coming, and sees The Gray Ghost is in the lead. Slipping behind the door, she holds a knife poised ready to strike. One of the crooks enters, however, and her attempt is again frustrated. The Gray Ghost enters, and as he is determined to marry Morn Light that night, he gives his confederates instructions. Marco leads the Commission, Tryon and Arabin to the crook's house. He enters alone, telling them that should he not return within a short length of time to follow him. The Gray Ghost and the two crooks are just leaving when Marco comes to the door. They overpower him and throw him down the elevator shaft. One of the crooks sees the other members of the party entering the house, and they are successful in overpowering the whole party. They are tied up and the crooks leave with Cecelia. Before leaving, The Gray Ghost arranges a device on the telephone bell so that when the telephone rigs a bomb will be exploded and destroy the party. He tells them that he will call up just before the marriage that night, and tell them good-bye. He and the crooks then set out for Morn Light's. Hildreth, having made final arrangements and secured his license, is with Morn Light and they are waiting the arrival of his minister. The Gray Ghost knocks at the door, and thinking it is the minister, Morn Light admits him. Both she and Hildreth are overpowered, and The Gray Ghost displays another license, and says that he intends to marry Morn Light himself. Two of the crooks take Hildreth behind a screen and hold a knife against his heart. The Gray Ghost tells Morn Light that unless she follows his instruction Hildreth will be killed. The preacher arrives, and while surprised at not finding Hildreth, has his suspicions allayed by Morn Light, who, fearing Hildreth's death, agrees to everything The Gray Ghost suggests. Marco has finally revived and after several attempts climbs up the walls of the shaft and reaches the upper floor. The Gray Ghost thinks of his promise and, going to the phone, calls up his own apartment, believing that when the bell rings the explosion will take place. Marco finds the door locked, but hearing a scuffling inside, breaks his way in as Tryon indicates the telephone.
Episode 15: "The Duel" [not published]
Episode 16: "From Out of the Past" "Whoever gets this knife may use it," were the closing words of the 15th chapter, as The Ghost and Hildreth prepared for mortal combat behind locked doors. A few minutes later the Ghost staggers out, bleeding, and Morn Light gives a cry, for she thinks that Hildreth has been killed. She rushes to the door, and sees him lying there, but he has only fainted and quickly revives. The Ghost is attended by his men, and it is seen that he can live but a short time. Suddenly he enters, apparently as well as ever. "We have been tricked," cries Morn Light. Just then the police and Marco rush in. They take the wounded Ghost and his men in charge, and then enter the small room. The Ghost confronts them with drawn revolver. With a smile he takes the necklace from his pocket and hands it to Morn Light. Then he staggers and drops into unconsciousness as in the other room the Ghost faints. "My power is gone," he cries. He then explains that he and his brother are twins. Years before he had stolen Morn Light from Carlo and brought her up. His brother had fallen in love with her, and he, fearing that his revenge would be thwarted, got his brother to commit all sorts of crimes. Now that his brother is dying, his power is gone, and he collapses. At last Morn Light comes into her own, and she and Hildreth plan to marry on the spot and carry the necklace back to her father, guarded by Marco.
END.
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