Starting out as a harrowing wartime sea adventure, Burroughs's story ultimately develops into a lost world story reminiscent of such novels as Sir Arthur Conan Doyle's The Lost World (1912) and Jules Verne's The Mysterious Island (1874) and Journey to the Center of the Earth (1864). Burroughs adds his own twist by postulating a unique biological system for his lost world, in which the slow progress of evolution in the world outside is recapitulated as a matter of individual metamorphosis. This system is only hinted at in The Land That Time Forgot; presented as a mystery whose explication is gradually worked out over the course of the next two novels, it forms a thematic element serving to unite three otherwise rather loosely linked stories.
The novel is set in World War I and opens with a framing story in which a manuscript relating the main story is recovered from a thermos off the coast of Greenland. It purports to be the narrative of Bowen J. Tyler, an American passenger sunk in the English Channel by a German U-boat, U-33, in 1916. He and a woman named Lys La Rue are rescued by a British tugboat. The tug is also sunk, but its crew manages to capture the submarine when it surfaces. Unfortunately, all other British craft continue to regard the sub as an enemy, and they are unable to bring it to port. Sabotage to the navigation equipment sends the U-33 astray into the South Pacific. The imprisoned German crew retakes the sub and begins a raiding cruise, only to be overcome again by the British. A saboteur continues to guide the sub off course, and by the time he is found out it is in Antarctic waters.
