The Ds return to Norfolk, hoping to enjoy a holiday with their friends of the Coot Club. Unfortunately, they find the Death and Glories coming under a gathering cloud of suspicion of setting moored boats adrift. Everywhere they go, boats seem to be cast adrift; and they are threatened with being forbidden to sail, for fear of their fathers being disgraced and possibly losing their jobs. Things get worse when new shackles are stolen from a boatbuilder after one of the casting off episodes and some of them are found aboard the Death and Glory. At the same time, the boys seem to be flush with cash, but they won't say where they got it. However, they had accepted a tow from the Cachalot, owned by a keen pike fisherman, and by chance and courage had hooked a colossal fish while the owner was at the local pub. The fisherman swore them to silence about this exploit, but, being an honourable man, had given them the money that the landlord of the pub had promised him, since he had done nothing towards catching the fish. The Big Six get together to investigate the crimes and collect evidence. Dorothea is the intellectual of the party and Dick's camera comes to the fore. The opposition consists of the local policeman, PC Tedder, and a group of local vigilantes, among whom is George Owdon, the villain of the earlier book, Coot Club, who consequently has a grudge to work off. Eventually, with the help of the owner of the Cachalot, a carefully prepared trap is sprung and in a flash the villains are discovered and the boys are exonerated. The source of their secret supply of money is uncovered when the local pub unveils a magnificent stuffed pike. The book shows a distinct contrast between the Death & Glories, who are boys of artisan background, and the others. The Death & Glories are all sons of skilled workmen in the local boatyards. The Ds, however, are the children of university dons. Their intelligence attracts admiration, but in all practical matters they need helping out. Nevertheless, each group admires the qualities of the other. Tom Dudgeon, as the son of the local GP, occupies an intermediate station. He respects academic discipline, but when a Norfolk wherry needs saving from wreck, he is the one who knows what to do, and even his own father acknowledges it.