It was in the early part of the twentieth century that wealth had commenced to concentrate into a relatively few hands. This was followed by a period in which vast mergers and consolidations had been effected as a result of the financial power and genius for organization which a few men possessed. A confederation of the countries of the world was brought about by industrial kings who had learned, in one devastating war, that militarism, while it might bring riches to a few, was, in the final a.n.a.lysis, destructive and wasteful.

Mankind the world over, relieved of the menace of war, made more progress in a decade than they had made in any previous century, but all the time the invisible concentration of power and money continued.

And, in 1975, the affairs of the world were controlled by five men, of whom Orlando Fragoni was the most powerful and most important.

His grandfather had been a small banker, and out of his obscure transactions the great House of Fragoni had arisen. The money power of the world was now controlled by Orlando Fragoni. Dirk Vanderpool, partly as a result of a vast inheritance and partly through his own ability and untiring industry, dominated the transportation facilities of the world.

Planes and Zeppelins, railroad equipment and ships, were built in his plants and operated by the many organizations which he controlled.

Stanton had inherited the agricultural activities of the world and, in addition to this, he was the sovereign of distribution. He owned immense acreages in all of the continents; he not only cultivated every known variety of produce, but also handled the sale of his products through his own great chains of stores. His father had been one of the great geniuses of the preceding generation, but Stanton, while inheriting the commercial empire which he had ruled, had not inherited much of the ability which had gone into the establishment of it.

There were two other members of that invisible council of Five, the very existence of which was not even suspected by the general populace of the world.

Sigmund Lazarre was the world's mightiest builder, and millions of great structures, which were built of material from his own mines, were under his control. It was Lazarre, too, who owned the theaters and other amus.e.m.e.nt centers in which millions upon millions of people sought relaxation every day. The creation and application of electrical power made up the domain of Wilhelm Steinholt, who also owned the factories that made the machinery of the world.

Absolute control of all of the necessities and luxuries of life, in fact, were in the hands of the five men, who used their vast power wisely and beneficently.

Ostensibly the peoples of the world ruled themselves by means of a democratic form of government.

In reality their lives were directed by a few men whose power and wealth were entirely unsuspected by any but those who were close to them.

The council room in which Fragoni had received Dirk and Stanton was lofty and sumptuously appointed.

The rugs which covered the floor were soft to the tread, and the walls and ceiling were adorned with a series of murals which represented the various heavenly constellations.

At the far end of the chamber there was a staircase, and Dirk was among those who knew that it led up to the great observatory in which Fragoni and certain of his scientific a.s.sociates spent so much of their time at night.

For men had commenced to talk about the conquest of the stars, and it was generally believed that it would not be many years more before a way would be found to traverse the interplanetary s.p.a.ces.

"We are rather fortunate, my friends," Fragoni said to his two a.s.sociates, "to have been the witnesses of the event that transpired last night."

"Fortunate!" exclaimed Stanton. "Then you know that the thing is harmless?"

A little smile lit the benign and scholarly countenance of Fragoni as he calmly regarded Stanton.

"We know very little about it," he replied after a brief pause, "and, if our surmises are correct, it may be very far from harmless. It is intensely interesting, nevertheless," he continued, "because that thing, as you term it, unquestionably is directed by intelligence. Without the slightest doubt the people of the earth are about to behold a form of life from some far-away planet. What that form will be," he added, with an almost imperceptible shrug of his shoulders, "it is impossible to forecast."

"But it was so hot," commenced Stanton, "that--"

"True," agreed Fragoni, "but it also is large and it may be that only the outer sh.e.l.l of it was affected by friction with the atmosphere that surrounds the earth. Nachbaren," he continued, "is certain that there is intelligent life within it; and Nachbaren," he added dryly, "is usually right."

While Fragoni had been speaking, two more men had quietly joined them.

"Good morning, Lazarre," Fragoni said, addressing a short, swarthy man who, very apparently, was of Jewish extraction.

"Good morning," the other replied in a soft and mellifluous voice. "It seems," he continued, with a twinkle in his eyes, "as if some of my pretty buildings may be toppled over soon."

"Maybe," agreed Fragoni. "And maybe," he added more seriously, "much more than your buildings will be toppled over, Lazarre."

"That thing, then, is...?" questioned the heavy-set, slow-speaking, blue-eyed Teuton who had come into the room with Lazarre.

"We do not know, Steinholt," admitted Fragoni, "but our knowledge undoubtedly will be increased considerably within the next few hours.

And now," he said, "we will consider the problem at hand."

"--the object which has created such unrest is slowly rising. It is now some twenty-five thousand feet above Manhattan. It is--"

The voice from the radiovisor attracted the attention of the five men, and, with one accord, they rushed to the terrace and looked toward Manhattan. They saw the great leviathan high in the air for a moment, and then, suddenly, it seemed to vanish from sight.

"It's gone!" exclaimed Stanton, with a sigh of relief. "It must have been some odd atmospheric freak, that's all."

They searched the skies through the luciscope that was on the terrace, but failed to detect any trace of the monster.

"That seems to simplify matters," remarked Fragoni as they again walked back into the great conference room. But here, once more, they heard the voice from the Worldwide Tower.

"--we are advised by Chicago that the thing, dull-red with heat, is hovering only a couple of thousand feet over the city. Thousands in the streets are being killed by the heat it is radiating--panic reigns, despite a rigorous enforcement of martial law. The strange object just rose suddenly to a high alt.i.tude and disappeared--"

"It's another one of those d.a.m.ned things," a.s.serted Stanton. "That couldn't go a thousand miles a minute!"

"It can go faster than that, if I am not mistaken," said Fragoni. And it presently appeared that he was right, for in a couple of minutes the radiovisor transmitted the news that it was over San Francisco, where it remained for only a few seconds. It was not more than a minute later that word came from Shanghai that it had pa.s.sed slowly over that city.

Then again it was poised high over Manhattan, crimson with heat.

"Is there any possible defense against it, Steinholt?" Fragoni asked.

The Teuton shook his head with an air of finality.

"None," he said, "as far as I can determine now. We can create and direct artificial lightning that would reduce this building to a ma.s.s of powdered stone and fused metal in a fraction of a second. But I am certain that it wouldn't leave as much as a scratch on that monster up there. We might try the Z-Rays on it, but an intelligence that could devise such a craft would undoubtedly have the wisdom to protect it against such an elementary menace as rays. Even the mightiest explosives that we have wouldn't send a tremor through that mighty ma.s.s."

"Why not await developments?" asked Dirk. "We do not even know the nature of the thing we are trying to combat."

"It's solid metal," insisted Stanton tenaciously. "It's a metal body with a metal brain."

"Don't be ridiculous," said Steinholt. "It seems quite apparent that the craft has come from another planet, and, if I am not greatly mistaken, there are intelligent creatures inside it."

"In any event," said Dirk, "it seems impractical to make any plans until we know more about it. I suggest that we empower Fragoni to act for the rest of us in this matter."

"That is very agreeable to me," said Steinholt. "A crisis very possibly may arise in which the quick judgment of one man may be necessary to avert the danger that always is inherent in delay."

"You hold my proxy," Lazarre said to Fragoni, "and I a.s.sume that Stanton is agreeable to this procedure."

"--the thing is moving very slowly eastward in the direction of Long Island Sound. It is, at the same time, losing alt.i.tude. Its movements are being carefully watched. As yet we see no cause for immediate alarm--people are advised to remain calm--"