|Comic Story (9 pages)
||The Skull Pendant of Baron Grimm
||Baron Grimm stands trial for espionage but is found not guilty, and Spy Smasher smells a rat. So he follows Grimm to Lisbon and discovers that Grimm has the judge's sister held prisoner. Battling terrible odds and near death, Spy Smasher rescues her, although Grimm succeeds in escaping.
||Pencils: Emil Gershwin | Inks: Emil Gershwin ?|