Since Peter is spending lot of time at sea it is very likely he has very dry skin. And dry skin is itchy.
So imagine Elias moisturising Peter against his will so he stops scratching himself in the middle of night and waking him up.
Elias: No, Peter, having a skin routine does not make you Stranger aligned, now stop dodging and let me put on you some more of this oil-
There is so little information about Jonah Magnus and his pen pals and most of the fandom finds their episode the most boring ones.
Alas there is that charm of Georgian and Victorian era and it is so delightful to sparkle supernatural in this specific time periods. So what if you have to be putting a lot of interpretation and wish fulfillment into it. It is very intriguing creating theories and headcanons and fanfics set in this era specifically!
I think Elias is not a fan of rainbow capitalism as it seems unnecessary exploitative and overall not even that effective.
He prefers more traditional approach of “If I wanted to scam money from gay people I would simply marry them.”