Enter Professor Heino Vanderjuice of Yale University, longtime friend and mentor of the Chums of Chance, and his pilot Ray Ipsow. Vanderjuice has come to Chicago to hold a meeting with the celebrated mogul Scarsdale Vibe, a man so representative of evil that he cannot stop himself, on the short trip from the hotel lobby to his room, shooting an old lady, who has heckled him, in the leg with a bullet from his silver topped cane.
At the meeting, in a dark, curtained, penthouse suite, the socialist Ray Ipsow is not comfortable and soon takes himself away to the bar. Meanwhile Vibe explains the purpose of the meeting:
Nikola Tesla pioneer of electrical engineering is working on a World-System for producing huge amounts of electrical power that anyone can tap into for free, anywhere in the world, because it uses the planet as an element in a gigantic resonant circuit.
Of course, it is the free bit that Vibe objects to. He asks Vanderjuice to invent a counter-transformer to nullify the effects of of Tesla's invention.
Finance is arranged and the Professor is left to stare into the depths of his ancient hat, as if it were the vestiary expression of his present situation.

























