Although the U. S. and its big South American neighbors prevailed upon Bolivia and Paraguay to stop fighting in the Gran Chaco two years ago, the Chaco Peace Conference, meeting intermittently in Buenos Aires ever since, has yet to produce a permanent peace pact. Prime difficulty lies in the fact that the skeleton Bolivian and Paraguayan armies (limited to 5,000 men apiece) have each moved back only a few miles from the positions they held at the time of the armistice, when Paraguay had pushed into 50,000 sq. mi. of the Chaco. This...

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