In the fighting for Momote airfield in the Admiralty Islands six months ago a U.S. soldier picked up a Jap pistol. Then the profit system went to work:
¶ The G.I. traded the pistol to an officer for eight quarts of whiskey he had lugged out from the U.S. (the whiskey had cost the officer $2 a bottle, but the private could get $75 a bottle for it in the arid Admiralties).
¶ The officer sold the pistol to another officer for $175. In two more sales the pistol passed to a soldier for three quarts of whiskey (original cost: $18).
¶...
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