Beaumont tells William that he wants to raise Liverpool like a phoenix from the ashes and that he will reward anyone who goes with him. Elizabeth schemes and asks Marcus Symmons to run against Daniel. Daniel learns of this and asks where his financial backing is coming from. William tells Beaumont about Daniels involvement in the ship canal and what it will mean to Liverpool. James realises that he has been tricked into letting his cargo go and sets sail for Liverpool with only he and Baines as crew. Daniel asks Elizabeth if she has heard of Portside Holdings and, under pressure from Elizabeth, William tells her that he has seen these documents in Beaumont's office. Elizabeth says that if they tell the papers about Beaumont's plans he will be crucified. On reading the newspaper headlines decrying him, Beaumont says 'may you burn in hell forever' and tells William that Daniel has earned his undying enmity.