Answer:
The significance of this quote about Jay Gatsby was to show his desperation for the restoration of the love between him and Daisy. Daisy was formerly in love with Jay Gatsby before he disappeared to make his money through illegal means in order to compete with Tom for Daisy's love. He became a "bootlegger" who traded on banned alcohol and through this trade became very rich. He then relocated to West Egg opposite East Egg town where Daisy and husband, Tom, were residing, in order to win her love back.
Step-by-step explanation:
The Great Gatsby is a 1925 novel written by American author F. Scott Fitzgerald that follows a cast of characters living in the fictional towns of West Egg and East, two great towns surrounding a valley of squalor.