Synopsis for “The Reporter of Steel!”
In prison, Lex Luthor has been savaging for parts to create two devices: A duplicate projector and a device to give people super powers just like Superman. Using the projector device to project a double of himself and the super-power ray outside of his prison cell to test it on a random person, Luthor happens upon Clark Kent and Lois Lane, he uses the device on Clark Kent to see if it will work, not knowing that Kent is secretly Superman and has super-powers anyway.
When Luthor exposes himself and reveals his plan, and his intention of using the device on himself once he learns that there are no adverse side effects he returns to his cell, his duplicate projector exploding upon his return. Clark comes up with a plan to make Luthor abandon using the device. This plot begins with Clark sending one of his Superman robots to act as Superman in his place, while he soaks up publicity being a super-powered Clark Kent. Clark then pretends to become a greedy miser using his super-powers to gain a vast material wealth. His exploits gain headlines that encourage Luthor that his device will be worth the trouble.
However, when Clark’s powers “fade” he makes it appear as though the only side-effect of the super-power ray is that when the ray wears off the person who was granted the super-powers becomes very charitable, by giving all his money away to charity. Seeing this, Luthor believes that the device is a failure (at least for his intended purposes) and decides to scrap the idea.