Van Alden returns home, passes Sigrid and the baby and heads straight to the bedroom. He takes a pouch of payoff money and sticks it behind the mirror in his bedroom. Moral dilemmas!
In his office, Nucky looks out his window towards the ocean. Chalky shows up upon request, and he's bummed. His people are losing faith in him. Nucky's like, now that you mention it, it's time to give your people the justice they crave. Remember what Chalky talked about before? About grinding the gears of Atlantic City to a halt? Nucky says do it. Call a strike. It would cost the city a fortune and Chalky holds all the cards. You know, you'd think Chalky would be angrier at Nucky for stepping down and leaving Chalky high and dry in the power structure of Atlantic City. Though I guess this plan will alleviate that some.
At Babbette's, Jimmy is celebrating with the other alderman and his supporters. Neary is being especially obnoxious, as he's the new treasurer. Richard is there, looking awkward; Jimmy makes a point of talking to him, saying they'll get him a fancy new mask, among other things. Mickey and Manny show up, getting a stink eye from Jimmy in the process, and Eli keeps pestering Jimmy for a word, though Jimmy puts him off. Jimmy instead makes a speech about a new era of people-pleasing in Atlantic City. "Talk is cheap," he begins -- "So's Nucky!" interjects Mickey. Jimmy sneers at Mickey to let him finish. Leander proposes a toast: "To Prince James." Manny looks at Jimmy with that same judgment in his eyes. Jimmy knows what he's thinking and is squirming.
At home, Nucky shares a drink with Owen and say they need to talk. Nucky's "I know what's going on" talk feints towards Owen sleeping with Margaret on the day Nucky was shot, but this is really about Owen shooting the guy at the bar. Nucky is wise to the fact that Owen is here in the States on IRA business. He wants him to set up a meeting with McGarrigle in Belfast. Nucky's got a proposition for him.
Back to the party at Babbette's. Mickey is talking Jimmy's ear off and Eli busts in. Not sure which is worse. Not sure Jimmy deserves better. "My brother," Eli begins. "He's smarter than you are. And a lot more dangerous. Don't underestimate him." Jimmy's not trying to hear that. He goes back to Mickey, talking about the booze importing plan. But Jimmy gets distracted by Manny on the floor below. He asks Mickey what the fuck he brought Manny for -- he's an asshole who keeps reminding Jimmy of his debts. From his cowardly distance, Jimmy smiles down at Manny and lets loose with a string of invectives that only Mickey can hear. Mickey tells him to cool it with the "Jew bastard" stuff. "He aint' the type I'd play with." But Prince James won't be told what to do. Manny calls Jimmy to come down. Jimmy says they'll be right down, and then he shoves Mickey over the balcony onto a table right in front of Manny. Manny glares up at him.