"In The Clutches of...the Kingpin!"
At a secret meeting of the underworld crime bosses, a vote is taken to accept the Kingpin as top man. The Kingpin plans to launch a crime wave throughout New York. The Bugle has sensed it coming, and so the Kingpin vows that J. Jonah Jameson will be silenced either through bribery or violence. Fredrick Foswell is looking to get back into the action, and the Kingpin assigns him the job of handling Jameson. Kingpin starts a protection racket, putting the squeeze on City businesses, but Spider-Man breaks up the operation. Meanwhile, Foswell kidnaps Jameson and brings him to the Kingpin's lair. Spider-Man swings in for the rescue, and ends up in a slug-fest with the Kingpin, who tricks Spider-Man with gas emitted from his tie-pin, putting our hero at the mercy of the Mob.
*First appearance of Joseph "Robbie" Robertson, one panel, not named.