Word: ancone
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...arbitral award of President Coolidge (TIME, March 16) to administer a plebiscite for the purpose of determining whether the once Peruvian province of Tacna-Arica, now a part of Chile, shall be returned to Peru. The plebiscite, should have been held in 1894, according to the Treaty of Ancon in 1884; but after decades of wrangling, Chile and Peru voluntarily admitted the hopelessness of trying to hold it themselves and referred the matter to the President of the U.S. Chile desires Tacna-Arica as a strategic "buffer province" to protect her valuable nitrate fields from Peru. Peru has been incensed...
...Provinces of Tarapaca, Tacna and Arica, were seized by Chile in the Chile-Peruvian War. According to the Treaty of Ancon (1883, ratified 1884), which ended the war, the fate of the latter two Provinces was to be decided in 1894 by a plebiscite, after they had been under Chilean authority for ten years. If the Provinces reverted to Peru, the latter was to pay Chile $5,000,000; if the plebiscite favored Chile then Chile's right to the Provinces was to be considered absolute...
...control of this new source of wealth is mentioned by Robert Bakeless in his prize essay on the economic causes of war as a clear example of the place of economic factors in stirring up armed conflict. The operations between Chili and Peru which terminated with the Treaty of Ancon in 1883 no doubt support his main thesis; but the settlement of the present dispute by the United States reveals its inadequacy. Economic rivalry may be a source of bitterness and quarrel; but that without more ado war will inevitably result from such rivalry is not true...
...That title and sovereignty and right of possession should be with Peru by virtue of Article 3 of the Treaty of Ancon...
...That Chile at the time of the negotiation of the Treaty of Ancon placed a value of $10,000,000 on the occupancy of the provinces for the ten-year period and therefore should pay Peru at least...