Outside, Chalky's men and Gyp's men are in an armed standoff, as Chalky carefully steps out to the front. Rosetti introduces himself as the new man in charge of Atlantic City, and Chalky does his best to play the part of the King of Black-town, barely concerned with what goes on among the whites. Rosetti agrees to have his men put their guns down first, a sign of trust. While inside, Samuel successfully removes the bullet, Rosetti tries to strike up a kinship with Chalky, joking that they were both "left out in the sun too long." Maybe Chalky a bit longer. "You just ain't done cooking yet, friend," says Chalky, though his stone-faced delivery could use some work if he ever wants to make it in comedy. Rosetti pledges that he will treat Chalky good, better than he's been treated up until now. They shake on it, but Rosetti of course "one more thing"s him: "How about I slip 25 Gs in your pocket right now and you let me walk in there and drag Nucky Thompson out by his dick?"
Inside, Nucky can barely breathe. He goes to draw his gun, but Samuel says he needs his help to stitch up Eddie, or he'll die within five minutes. This is all on Chalky, then. He tells Gyp that he hasn't seen Nucky in weeks. Gyp doesn't believe him, nor his stories about how he pays the white guys their cut and they leave him to his business. Well, since we're both being disingenuous now, Gyp moves forward to just, you know, look around the place. He'll still give Chalky the $25,000 as a gesture of good faith. Chalky remains steely, telling Rosetti that he's got a private affair going on inside, and his wife would kill him if he let anybody in. These are lies that everybody knows are lies, but Rosetti backs down from an all-out confrontation. Instead, he opts to advertise. "$25,000! Nucky Thompson! Tell your friends!" He's banking on someone in the black community being self-interested enough to sell Nucky out. It's not a bad idea. You wouldn't have to resemble the low opinion that Rosetti has of black people to value a chunk of change like that over a guy who's never done shit for you like Nucky. Chalky's the only one with any real loyalty to call upon in this situation. Nucky just has to hope that Chalky has his men on lockdown. "I really want us to get along," Rosetti tells Chalky, before leaving. Sincere business model, threat, or both. As the Italians leave, Rosetti mutters that they're going to need more guns. So threat, then.