The gin-based Pink Lady cocktail, with the pink coming from Grenadine, was created during Prohibition, but other versions were spawned in the 1930s; The Savoy Cocktail Book lists five. This recipe has gin, egg white, cream, and grenadine shaken into a creamy pink-hued drink.
Variations:
Pink Panther: Substitute 1 ounce vodka and 1 ounce amaretto for the gin, and omit the egg.
Pink Rose: Substitute light cream for the heavy cream, and add a dash of fresh lemon juice.