Clark Kent is the only reporter invited to the testing of a cannon made of the new X-Alloy, but when it explodes, it leads Superman to the Lingle Steel Corporation, manufacturer the alloy, only to discover the plant honeycombed with spies.; After a run-in with four notorious underworld gang leaders (one of them being killed in the process), Lois decides to write a series of articles exposing them and to begin a crusade against them by implying there is a gang war in progress, and one of the three remaining leaders is trying to wipe out his rival.; When Lois Lane is arrested for wearing a stolen mink coat from Lacey's Department Store, Clark Kent learns that a former employee from Lacey's sold it to her, even though she said she didn't steal it herself. The Man of Tomorrow, upon further investigation, believes that that employee, Lucy Trent, is shielding someone, as other items are also being reported as missing from the store.; The murder of Sam Jackson, a man involved in a street grafting operation, is blamed on a city commissioner, who informs Police that Mike Chandler did it, and his only witness to that event is another criminal, "Blinky" Moxby. Superman goes to great lengths to find Moxby and get proof of the commissioner's innocence, including allowing Moxby to think he has actually killed the Man of Steel!