The ledger, the cipher wheel, and the floodwall graffito build an eerie Illinois tableau, and the stakes crest nicely, but recycled clue beats slow the midgame.
After walking away from a meltdown at a federal cybersecurity lab, linguist-turned-codebreaker Rowan Ivers retreats to Grafton, Illinois, to clear out her late aunt's listing river house. In a warped cedar chest she finds a battered navy ledger, a brass cipher wheel, and Polaroids of the shuttered Peregrine Mill. Each artifact is stamped with a letterpress number; arranged just so, they form a Vigenère key that spells "BLACKWATER ASCENDS." The same phrase appears, faint and blistered, on the town's floodwall near the spot where a high school swimmer vanished two weeks earlier. Rowan goes to Sheriff Leah Bracken, but the mill's benefactor Hallett Pierce has a hand on every door, and the sheriff has too few deputies to push back. At night a dusty rotary phone in the attic rings; the caller never speaks, only taps out a metronome pattern that resolves into coordinates and dates.
Following the code trail, Rowan reconstructs a secret that sloshes between decades: a lockbox dragged from the river in 1989, VHS tapes labeled in a careful librarian's hand, and a hollow silver coin designed to swallow microfilm. The tapes show a midnight rite on the mill's catwalk led by a young street preacher, Aurelius Cane—now a clean-cut congressional candidate with billboards at every intersection. Each solution draws Rowan closer to a shadow strategist known as "Sable," who anticipates her moves and slips clues into the Grafton Courier's daily crossword. With her estranged cousin Mae and a retired towboat captain, Gus Reno, she pieces together how the town turned disaster into doctrine. But Rowan's own history—panic-fogged minutes during the 1993 flood when her brother disappeared—refuses to stay coded. To expose a machine built of debts, faith, and fear before the river crests again, she has to decide which secret to torch and which to publish, and whether the last key was hidden in her aunt's house or in her own fractured memory.