In Tabor Heights, Tonino tells Gyp that two dozen crates of liquor were lost at sea. His cousin Franco suggests they were lost due to "rogue waves," briefly drawing Gyp's ire. Meanwhile, the lost bottles wash ashore in Atlantic City, exciting beachgoers as King Neptune unlocks the sea to symbolize the start of tourist season.
Gaston Means calls Nucky to warn him that Jess Smith is a ticking bomb, liable to implicate them both. Means tells Nucky it will take $40,000 to solve the problem.
Owen heads to the Ritz for a meeting with Nucky and catches Margaret alone. He worries if they leave at the same time Nucky will figure them out. He wants her to leave first and he'll follow a month later.
In Cicero, Van Alden sells Aquavit to a Norwegian restaurant owner, promising to bring more. When he returns, Van Alden is hauled out at gunpoint by two goons who deliver him to Capone at the Four Deuces. Despite Van Alden's claims of innocence, Capone believes he's selling whiskey in his territory at the behest of Dean O'Banion. He orders Van Alden to tell him everything he knows about O'Banion's operation.