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...
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