Captain America and Daredevil, trapped in the hideout of the National Force, are fired on with flamethrowers. As the building blazes, Dr Faustus orders his men out of there, leaving the two heroes to burn. Inside, Cap and DD dodge flames and falling timbers until they are able to escape through a hole in the roof by means of DD’s billy club line. They reach the roof just as the water tower collapses and they must leap to safety in the river. Later, going through the wreckage with the police, they find a piece of packing crate with an address on it….
Meanwhile, Dr Faustus and the Grand Director arrive at an air base in Lakehurst New Jersey where they and their men hijack a dirigible. Cap and Daredevil arrive but the villains use the captive Peggy Carter as a hostage to ensure a safe departure. Cap leads DD to a WWI biplane and the heroes take to the air. National Force thugs left behind take to the other biplanes and pursue the heroes. Cap engages in an aerial dogfight, sending the enemy planes crashing to the ground. Turning the controls over to Daredevil, Cap leaps toward the dirigible—but the plane suddenly stalls and Cap is clearly not going to reach his objective….