1931: Nucky is in Cuba attempting to set up networks for shipping into the US when the Volstead Act is lifted. Charlie makes a move on Joe Masseria. Chalky is in chains, and fights for his freedom. There are glimpses of Nucky's past.
Nucky returns to New York to seek out who tried to have him killed in Cuba and to further negotiate his alcohol networks for when repeal happens. Eli and George are running the bootlegging in Atlantic City, under the supervision of Al Capone. Charlie and Meyer play a risky game behind Maranzanos back. Gillian is residing in a woman's psychiatric facility - where she has an understanding with the head guard. We get more glimpses from Nuckys childhood and his relationship with the Commodore.