Foreign News: Oil Row

Bolivian and Paraguayan troops glared at each other last week over a little-known, nondescript strip of borderland. They glared the more ferociously because the soil was popularly supposed to contain valu- able oil deposits. The land itself is of no agricultural value, being subject to floods at certain seasons of the year; but, for oil and other reasons, it was in dispute between the two countries. Which side of the frontier should it be?

In Buenos Aires, capital of Argentina, Bolivian and Paraguayan commissions attempted to answer the question. The word "oil" was a...

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!