- The freaks exact poetic justice after learning of Stanley's sins. Maggie tries to make amends with Jimmy, and Dandy tells the Tattlers some troubling information about Chester.
- At Elsa's farewell party, it's revealed that Chester is the new owner of the freak show. Stanley pays the price for his deception and the murders that he had committed. He's soon a member of the freak show in his own right. Elsa visits Jimmy to tell him of Dell's death and that an old friend of hers is coming to help him with his lack of hands. Maggie volunteers to be Chester's assistant only to find that his magic saw act doesn't quite go as planned. Dandy shows the twins what his detective learned about Chester's past. When the twins warn Elsa that the freaks are plotting to kill her, she runs off.—garykmcd
- At a rousing good-bye dinner for Elsa, she officially welcomes the new owner, Chester. He addresses the show with his dummy Margery adding a few snide words about the "kraut."
Elsa asks Chester to leave and then thanks her manager, the huckster Stnaley. Elsa announces they'll watch a movie from her personal collection, "Freaks." The group ominously describes the plot, about a woman trying to take advantage of the freaks, who get their revenge with knives in the middle of the night. Stanley makes excuses to try to leave, but Elsa insists he open his present -- a large box.
"I thought about you long and hard when I made this," Desiree tells her. Stanley opens the box and finds a head in a glass jar -- that of the curator of the American Morbidity Museum.
Flash to Maggie faking a fainting spell to end up in the curator's office after hours at the museum, and Desiree plunging a knife into the curator's back.
Back at the show, Stanley sputters excuses as the freaks string him up on Elsa's knife throwing wheel. She misses two by his head for fun, then lets him down and plunges one into his leg. All the freaks take out knives as she screams at him to run. He tries to argue that Elsa killed Ethel, but nobody is listening. He limps screaming into the downpour.
The freaks surround him, cornering him under a trailer.
The next day, Elsa tends to Jimmy in a shed off the grounds. Jimmy is angry over Dell's murder, which Elsa tells him was necessary because he killed Ma Petite. Jimmy is stubborn and angry, but Elsa shouts him down, insisting he let Maggie tend to him. Elsa also mentions a "true artist" friend of hers is coming to give Jimmy new hands.
As Maggie changes his bandages, Maggie tells him she still loves him and wants to run away with him. But he's not in a forgiving mood, and blames Maggie for losing his hands. She insists she's changed and is going to make it right with them and with Jimmy.
In the big top, Elsa has a tearful reunion with Massimo Dolcefino, the man who made her prosthetic legs.
Later, Chester is in bed with the twins with Margery staring at them. He puts Margery away, but gets yelled at by the doll later. She threatens to leave and insists the twins are using him. When she calls him a murderer, he says she's the one who did it. "That's impossible, I'm a doll," she says.
(Flash back to Chester beating his wife Lucy and her lover Alice to a bloody pulp.)
Margery tells Chester the twins have to go. "I know," he says.
Later in a trailer, all of the freaks, including Amazon Eve, Legless Suzy, Paul the Seal and Penny talk about Stanley's accusations against Elsa. They don't believe Ethel would have killed herself and resolve there's only one thing to do when someone kills a freak. They have to secure their future by making sure Elsa doesn't have one.
Alone in their tent, Dot and Bette get a visit from Dandy Mott. He says he's come in friendship, having had a chance of heart after his mother's "sudden and awful" death. He tells them he hired a PI and announces Chester is a "beastly sicko." Dot slaps the file out of his hands and they kick him out.
Late at night, Elsa and Massimo visit Jimmy, who's resistant to the idea of prosthetics. Elsa shows him her wooden legs to demonstrate Massimo's skill.
She mentions that she would have married him, if he hadn't been such a fool.
Flash back to Elsa losing her legs to two German sadists with a chainsaw. Elsa and Massimo had plans to run away together after the war, but first Massimo hunted down the men who tortured Elsa. Their leader was a Nazi doctor named Hans Gruper (from AHS: Asylum), who caught Massimo and tortured him repeatedly. He was saved when an SS commander freed him to craft bookshelves. He moved to American after the war and wrote to Elsa, but didn't hear back. He says that after the torture he has no soul and cannot love.
In the big tent, Chester runs through his new order of acts for the show as Dot and Bette wonder about his murderous past. They announce they no longer want to act as his assistant, even after he tells them he plans to saw them in half. When they leave, Maggie volunteers.
Chester gets angrier and angrier, envisioning his dead wife Lucy in Maggie's place in the box. Chester runs through the routine, adding handcuffs to Maggie's feet as she gets increasingly worried. He gets frantic, yelling at Alice, Lucy and Margery as he starts sawing. Maggie screams as blood spatters everywhere. When the freaks rush out from backstage, Chester separates the two parts of the magic box, and Maggie's entrails spill out on to the stage.
The freaks stand in shock as Chester blames Margery and runs off.
Desiree announces Maggie had it coming. Now it's time to "steal her jewelry and bury the bitch," she says.
Back in his trailer, Margery announces he's leaving and Chester flies into a rage, stabbing her repeatedly.
Elsa's Cabinet of Curiosities Dayton, Ohio, 1946
Ethel introduces Jimmy for his first juggling act as he retches backstage. Ethel gives him a pep talk and sends him out.
Back at the show, Amazon Eve breaks the news about Maggie to Jimmy, who doesn't want the details. She tells him Elsa is next, tonight.
Later that night, the twins visit Elsa in her tent to warn her of the freaks' plans.
The freaks rally and storm into Elsa's tent, but find it empty.
Meanwhile, Elsa hits the road with Dandy Mott, who gets out of her car with an envelope of cash.
At a police station, a blood spattered Chester brings in a body wrapped in a blanket to report a murder. The cops aren't sure what to do when they find it's puppet Margery inside.
In the morning, Dandy Mott drives up with a bill of sale from Elsa. He bought the show for $10,000.
As he gives orders and takes inventory he hears noises coming from a box. He finds Stanley inside in Meep's old costume -- his legs and arms have been hacked off.
Elsewhere, Massimo presents Jimmy with his new hands, which Jimmy announces are "perfect." They're wooden lobster hands.
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