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UNDERWORLDS is a tri-annual paperback magazine that seeks to create a bridge between crime fiction (especially, but not neccesarily exclusively, of the noir school) and horror fiction. Because of its general air of emotional and psychological darkness, as well as its frequent themes of hopelessness, betrayal and passions gone wrong, the crime fiction of such writers as Jim Thompson, Cornell Woolrich and David Goodis shares a lot of resonance with horror fiction (some of the above referenced writers have produced what could arguably called horror fiction in the past, like Thompson's ending to THE GETAWAY and his novel THE KILLER INSIDE ME). UNDERWORLDS (a double edged title, as it has different-yet-similar meanings in both crime and horror fiction) seeks to allow writers the opportunity to explore the nexus between these two genres, and gives readers of both genres a glimpse into the world of the other.

In The Wave, Algernon Blackwood has written a story of reincarnation in the style that has won him fame, and of which he is peculiarly and essentially the master. It is mystical and absorbing, and the style is as delightful as the plot is thrilling. To attempt to reveal the scheme of the story would be to spoil it for the reader. It is, therefore, better to say that "The Wave" is a novel well worth reading -- more particularly for those who enjoy the mystical. Such persons will revel in the adventures of Thomas Kelverdon, haunted from boyhood by the premonition of a great wave that would at some moment of his life rise behind him and break over him. It never did, but the feeling that it would was almost always present with him. He was not in fear of drowning, but nevertheless was haunted by the wave's presence. Anyone who has read "Julius Le Vallon," "John Silence," "Ten Minute Stories," etc., by the same author, will be pleased to read "The Wave," which is quite as good in its way as any of its predecessors. (From a review in The Brooklyn Daily Eagle, Brooklyn, New York, 24 February 1917).

Before his creation of the swashbuckling hero Zorro made him famous, Johnston McCulley experimented with other heroes in early pulp magazines, including The Scarlet Scourge, who in this volume investigates the case of a stock market swindler. From the mystery pulp Detective Story Magazine.