Jimmy and his partners look for a new source of revenue; the commodore's men devise a plan to deal with the strike; Margaret tries to absolve her sins.

Nucky Thompson helps Margaret Schroeder plan for the most horrible outcome imaginable; Jimmy Darmody reminisces about the days he spent in college.

Jimmy decides the time has come to attempt to repair his relationship with Nucky; Margaret is forced to make a difficult, life-altering decision.

Nucky makes a resolution; Margaret is interested in a hospital expansion; Gillian starts a new business; Van Alden calls a gangster out on his threat.

During a trip to New York, Nucky mixes business and pleasure; a new challenger makes trouble for Nucky in Tabor Heights; Eli meets his new boss.

Nucky receives a prestigious honor; Margaret talks about a higher authority; Gyp tries to work out a deal for a makeshift liquor contract.

While Nucky is away, Mickey is left to deal with the business and must make an important call; Al Capone's quarrel with an Irish-American gangster intensifies.

An emotional Arnold Rothstein talks with Nucky before visiting Gyp to deliver an important message; Van Alden and Sigrid are surprised by a visitor.

Daugherty's men hold Nucky, and later, he gets an interesting offer; Owen investigates a fire; Margaret tries to help Teddy; Richard connects with a boxer.

At a reunion, Eli attempts to improve Nucky's opinion of him; Gillian tries to better her future with a sacrifice; Gyp looks to get Joe Masseria's blessing.

Nucky offers the secretary of the treasury a proposal; Van Alden settles his debt; Billie Kent toys with the idea of becoming a motion picture star.

Nucky is feeling the aftereffects of Gyp's attack and vows to eliminate him; a bootlegger is arrested, endangering Daugherty and Jess Smith.

Nucky plans to silence his enemies; Margaret considers her future; Van Alden has business trouble; Julia gets an apology; Chalky discovers an opportunity.

Gyp makes a move that forces Eddie and Nucky to go to Chalky for help; Gillian considers a new, unwanted future; Luciano makes a deal; Harrow loses privileges.

Nucky tries to weaken Gyp and recover Atlantic City; Harrow has business at the brothel; Luciano starts a partnership; Chalky and Capone bond; a liaison ends.

Nucky tries to make peace with Joe and works the odds with Arnold; Chalky runs a club; a new federal agent comes to town; Capone tries to expand his business.

Van Alden keeps an eye on Al Capone; Nucky and Chalky clash with a doctor; Harrow has a difficult time with a job; Eddie believes he deserves a promotion.

Nucky receives a land deal; Narcisse books a singer; Willie wants to improve his standing; Gillian tries to impress someone; Harrow handles some business.

Nucky learns more about Rothstein and assesses a partner; after a delivery, Kessler is sidetracked; the Capones finish a collector's route; a joke goes too far.