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Zadok, who is very old, has seen much in the town and goes on at length, telling a tale of fish-frog men known as Deep Ones who live beneath the sea. It seems they bring prosperity in the form of fish as well as fantastically wrought gold jewelry to those who offer them human sacrifice. These fish-frog men are amphibious and are able to mate with humans. The hybrid brood have the appearance of normal humans in early life but, in adulthood, slowly transform into Deep Ones. The completed transformation brings them eternal life, which they live in cities under the sea. These fish-frog men were first discovered in the Indies by a native island tribe, which was itself found by an Innsmouth merchant named Obed Marsh.