of tremendous power. But the man in gray, surrounded by an impenetrable wall of force, only smiled at the fusillade, tolerantly and maddeningly. Costigan leaped fiercely, only to be hurled backward as he struck that unyielding, invisible wall. A vicious beam snapped him back into place, the weapons were snatched away, and all three captives were held in their former positions. "I permitted that, as a demonstration of futility," the gray man said, his hard voice becoming harder, "but I will permit no more foolishness. Now I will introduce myself. I am known as Roger. You probably have heard nothing of me yet but you will--if you live. Whether or not you two live depends solely upon yourselves. Being something of a student of men, I fear that you will both die shortly. Able and resourceful as you have just shown yourselves to be, you could be valuable to me, but you probably will not--in which case you shall, of course, cease to exist. That, however, in its proper time--you shall be of some slight service to me in the process of being eliminated. In your case, Miss Marsden, I find myself undecided between two courses of action; each highly desirable, but unfortunately mutually exclusive. Your father will be glad to ransom you at an exceedingly high figure, but, in spite of that fact, I may decide to keep you for--well, let us say for certain purposes." "Yes?" Clio rose magnificently to the occasion. Fear forgotten, her courageous spirit flashed from her clear, young eyes and emanated from her slender, rounded young body, erect in defiance. "Since I am a captive, you can of course do anything you please with me up to a certain point--but no further, believe me!" With no sign of having heard her outburst Roger pressed a button and a tall, comely woman, appeared--a woman of indefinite age and of uncertain nationality. "Show Miss Marsden to her apartment," he directed, and as the two women went out a man came in. "The cargo is unloaded, sir," the newcomer reported. "The two men and the five women indicated have been taken to the hospital," was the report of the man. "Very well, dispose of the others in the usual fashion." The minion went out, and Roger continued, emotionlessly: "Collectively, the other passengers may be worth a million or so, but it would not be worth while to waste time upon them." "What are you, anyway?" blazed Costigan, helpless but enraged beyond caution. "I have