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Someone is stealing the children of Gotham City. There is also a new creature of the night people are calling The Batman. One night someone sees the Batman near a wagon of kids, and surmises that he is stealing the children.
This peaks the interest of visiting escape artist and showman Harry Houdini. So he makes a promise to help the police track down the Batman. Yet when he finally meets the mysterious figure, Harry knows that he is the hero and not the villain of the story.
The two team up, and discover that the children have been kidnapped by an albino, but al evidence points to a puppetmaster for the albino, so they continue to work together to stop the heinous crime.