After being detained in Washington by Daugherty's men, Nucky approaches his one time nemesis, Esther Randolph, and later entertains an intriguing proposition from Gaston Means. In Atlantic City, Margaret copes with Teddy's demons while Owen investigates a suspicious fire; Gillian feuds with Lucky and finds a surrogate for Jimmy; and Richard connects with a vet and his daughter.

Gillian makes her peace with Jimmy's death, though not with Nucky, as Gyp arrives to play ally. Working off his debt to O'Banion, Van Alden attends a meeting with Capone and Torrio; Nucky pays an unscheduled visit to Andrew Mellon; Margaret makes a stand on birth control; Nucky and Owen shop for a birthday pony; Billie eyes a future on the silver screen, to Nucky's chagrin.