Wilson is kidnapped by the Ghost’s men. Dick Tracy pursues the ambulance carrying Wilson.
Dick Tracy foils the gold robbery and is captured while attempting to arrest the robbers. Bill Carr and the coast guard search for the robbers’ getaway boat.
Lucifer sends Corey to stop the Trent shipment at the canal. Corey and his men steal a patrol boat and try to blow up the Canal locks. Dick Tracy starts a search for the missing patrol boat.
The Ghost fails to sell Trent’s plans to Arno Draga. Dick Tracy corners the Ghost and his men aboard and old schooner.
The Ghost forces Trent to surrender his secret machine tool plans. Dick Tracy, suspecting the Ghost is about to strike, rushes to Trent’s home.
The Ghost plans to wreck the train carrying the gold shipment. Dick Tracy hurries by plane to warn the train of the danger.