Tolliver wrecked Merrick's newspaper office in retribution for not publishing the county commissioner's notice. Con Stapleton and Leon are having difficulty generating business for Tolliver's new Chinese whores. Utter learns that Wolcott is in possession of Hickok's last letter. Joanie returns to Tolliver to "turn tricks".

Eagar for the latest news from Yankton, Swearengen enlists Farnum to keep tabs on Blazanov and his telegrams, and admonishes Merrick for over-hyping the Montana rumors in his paper. Wolcott gets a new moniker; Jane and Joanie continue their unlikely alliance; Sweargengen strikes a departure deal with Miss Isringhausen; and Fields and Hostetler attempt to tame a wild horse for the cavalry with damaging results.