Wallaby Jim and his men have just found a valuable source of pearls in the South Pacific. But Jim's associate Norman has put the whole operation in jeopardy because of his gambling problem. Jim's unscrupulous rival Richter decides to exploit the situation by jumping Jim's claim and trying to take over for himself.—Snow Leopard

After an absence of three years, Allison, fiancée of Norman Brooks, returns to a south seas island. Alos sailing into port is ship-captain Wallaby Jim, who soon learns that Brooks, his trusted partner, has gambled away the money they two men planned on using in filing a claim to local pearl beds discovered by Jim. To compound his problems, Jim also finds that Adolph Ritcher and a couple of his henchmen are raiding his pearl beds.—Les Adams <[email protected]>