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the sudden violent confusion, the light fell to the floor of the shaft as Jerry leaped at the other guard. For a matter of seconds there was only gasping, strangled breathing. Then the muffled sound of quick movement and the rustle of cloth.

      It was less than a full minute, all told, when Van's fingers found the powerful torch on the dirt floor and snapped it on briefly. In its bright light, Lannigan was bent over the dead figure of the guard, his big hands going through the fellow's clothing.

      And the Phantom was standing erect in the black robe, hood and white mask of Commander Rotz. The lifeless, frock-coated body of a man who might have been, beneath his masked features, Professor Paul Bendix, lay at his feet.

      Even Lannigan stared twice at the swift, complete transformation before he recognized the Phantom's voice ordering him to action.

      "Drag that guard out of sight somewhere," Van directed tensely. "Dump him some place where he won't be found immediately. Get on ahead of me and if you get a chance to get out of here, take it!"

      "Okay, Skipper! That's the fastest make-up change I've ever seen you put on." Lannigan grabbed up the dead guard as the light in Van's hand turned toward the sloping end of the shaft up which they had come. The glare of the torch completely hid Jerry's movements behind it as he carried his burden further up the tunnel.

      The Phantom kept his light on, faced the pursuers who were already shouting to him above the hard, echoing pounding of their feet. Behind the white mask, his lips were a thin, determined line.

      "Halt!" he shouted above the increasing clamor. "Password!"

      His voice was harsh and sharp now, like the voice of Rotz. He recognized in the beam of the electric torch the foremost of the advancing crew—one of the mine guards who had been with him in Kag's cavern. The others were strange faces, men picked up in the search that had split into several parties.

      "September Third!" the guard snapped back at him and saluted.

      September Third! There was grim significance in that countersign.

      Van pointed his light down at the figure on the tunnel floor. "You're hunting for that?" he demanded harshly.

      The guard and the others with him stared. The identity of the dead Rotz would eventually be discovered, but for the moment the resemblance to Bendix was close enough to fool them. The guard nodded, glanced up.

      "There was another one—a big, heavy man with red hair."

      "Didn't come this way," Van stated with a ring of authority his voice. "This man was sneaking along here and refused to stop when I challenged him. I've sent the guard stationed here to report this in Shaft Nine. Take your men and come with me. I'll send you up to report on top."

      He turned, started up the inclined tunnel in the direction Jerry had taken. There was a sharp curve in the shaft that ended fifty yards beyond at a rough gate that barred the entrance to an elevator car.

      There was no sign of Lannigan. The Phantom breathed easier.

      "This car shouldn't be left down here now, with a deserter loose. Take it up," he ordered.

      "The fellow wasn't a deserter," the guard leading the others told him. "He was a spy—"

      "He'll be a dead spy if we catch him," Van promised. "Now get going with that car and report topside!"

      The guard saluted again, got onto the car with the three men who had come with him. The elevator trembled in its loose, rough framework as it started to move upward.

      The Phantom's light was on it, watching. Where in hell was Lannigan?—The question was answered a second later. Only the protection of the white mask he wore kept back the jolt of sheer shocked surprise that twisted Van's features; He stared, almost unbelieving.

      Jerry Lannigan's beefy bulk was hanging beneath the rising floor of the shaft cage, his hamlike hands gripping the cross-bracing under the car! The Champ let go with one hand, waved to Van, and pointed down under him.

      The Phantom understood. Lannigan had dumped the body of the dead guard into the elevator well. There was no need even to look.

      Van switched off the electric torch, stood in complete darkness.

      Chapter Nine.

       Find the Imperator!

       Table of Contents

      Half a second later he was running noiselessly back along the narrow tunnel. Jerry might be able to get through up above. If audacity and courage counted, Van was confident he would. But there was more information needed about this subterranean organization down here, before any outside help would be of value. Without more knowledge than he had, a raid would only drive the members of this mysterious society of revolt deeper into their hidden holes. Somewhere there was a leader, a single brain, governing and directing this mob-mad legion of doom. Not until that leader was ferreted out could this terror-inspiring organization be broken up and destroyed.

      The Phantom decided upon a bold stroke. He had got rid of the clothes of Dr. Paul Bendix, wore now the complete equipment of the dead Commander Rotz.

      And he had the password—September Third!

      He retraced the path up which he and Jerry had fled from Kag's cavern. In his stolen commander's uniform there was no difficulty in getting by the reguarded barriers he and Jerry had fought through before.

      He went directly to Kag's cavern. The hunchbacked scientist was still there, with two of his stripped helpers, and two hooded but unmasked guards whom Van had not seen before, but who eyed him with considerable respect.

      "I understand there's been some trouble down here," the Phantom rasped in the voice of Commander Rotz as he entered.

      The men, excepting Kag, saluted him with that same peculiar and suggestive movement of the clenched fist across the stomach.

      "A dangerous scientist sent to spy on us for the capitalists," Kag exclaimed with renewed excitement, and gave a garbled account of Professor Bendix and his beefy assistant who had been caught and escaped. "An ignoramus!"

      As he talked, the crippled scientist unfastened a blanket from a heavy, round object on the floor, began stroking the rough, silver-colored ball of metal.

      "What's that?" Van demanded, keeping his eyes off the white jet of flame shooting up through the center of the floor, but motioning at the ball with his hand.

      "Ach!" Kag's wild eyes rolled and glistened. "A meteoric fragment!" he exclaimed. "From the Smithsonian Institute. It was the only proof in the world that aluminum and calbite could be fused—but the world lacks that proof now. The Imperator and I alone hold this secret. Not even the famous Dr. Junes could do what I have done!"

      "I've heard about it," the Phantom said. "And you too, Dr. Vonderkag."

      The hunchbacked German expert in metallurgy smiled at the mention of his real name, and grew more voluble.

      "You are interested, I see," he cried. "I will tell you—I have fused calbite and aluminum in that flame there, and have made the lightest, toughest metal ever conceived by man! Soon, we plan to manufacture this for our own purposes, in quantity!"

      Kag's statement ended in a series of shrieks and idiotic chuckles of secret merriment. Van wanted to ask him more, but at that moment another sergeant entered, stared round and saluted him, handing over a note. The Phantom accepted the piece of paper, read the order printed in pencil:

      IMPERIAL BOARD STAFF MEETING

       IMMEDIATELY IN THE SHAFT 9

       BARRACKS. KINDLY ATTEND.

      THE IMPERATOR.

      Van stared at the order through narrowed eyes, his every nerve alert and tingling. He nodded at the sergeant, shoved the paper into a pocket under his black robe.

      "I

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