This is from The Wild Palms. It is near the beginning of the book and describes a party in the French Quarter of New Orleans in 1925. This party would have taken place in Pirates Alley in the house where William Spratling and William Faulkner lived in 1925. That building is now the location of the Faulkner Book House a bookstore specializing in Faulkner and Spratling and other Southern writers.
Click on the picture of the book to enlarge it and read it.
http://en.wikipedia.org/wiki/If_I_Forget_Thee_Jerusalem
Click on the photos above to enlarge them. Click on the link above to read the Wikipedia article on The Wild Palms and The Old Man(also known as If I Forget Thee Jerusalem).