Can this really be the end of season 3? Sadly, it is. But this was one hell of a season finale! Let’s get right into it, shall we?
This episode begins with Don waking up… on the twin bed in Gene’s old room. He wakes up and coughs several times. We then see him walking in to a meeting with Conrad Hilton, where the hotel magnate drops a bomb: McCann Erickson, a large ad agency, is buying Putnam Powell and Lowe (and therefore, Sterling Cooper). Hilton further states that he’ll have to drop Sterling Cooper as a conflict of interest. Don then says that they’ll all be fired. Hilton says that Cooper is definitely gone, that he’s unsure about Sterling’s future, and that Don is a “prize pig”, and that he’ll get more stock and money from the deal. Don calls McCann a “sausage factory”, and tells Connie that he turned down a job offer from them three years ago. Hilton says that it’s “just business”. Don then says that Hilton “doesn’t give a crap that my future is tied up in this mess because of you.” Conrad says that he got everything he has on his own, and that’s made him immune to people that cry because they can’t. He then says that he didn’t take Don to be one of those people. Conrad and Don then agree to “try again” one day.
We then see Don walking in to Sterling Cooper. He’s in a daze, and he slowly looks around the office. When one of the office girls crushes a piece of paper into a ball, he has a flashback: the price of wheat has collapsed, and Archibald Whitman is bucking the wishes of his co-op by refusing to sell for 69¢ a bushel. A young Dick Whitman looks on as his father tells the other members of the co-op that he’s prepared to build a silo and store the grain until winter, when he can get a better price. The others wonder how he’ll pay his mortgage without selling the wheat now. Archibald then orders the other farmers to leave his kitchen.