McHale's Navy (1962)

Season 2: Episode 22

Binghamton is ordered to purchase one of Chief Urulu's islands, for the construction of a radar station. But, Urulu - Knowing that he's got The Navy 'over a barrel' - Inflates the price of his real estate to ridiculous levels. So, McHale and The Crew try to help The Captain out, with a scheme to de-value The Chief's land.