Word: chaco
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Dates: during 1940-1949
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...politics formed a high-octane mixture in Paraguay last week. The Union Oil Co. of California had begun what it called "the greatest wildcatting venture in history": the oil exploration of the entire Paraguayan Chaco, some 55,000,000 acres...
...Paraguay's President Higinio Morinigo had dined in Manhattan with a director of Union Oil. As Morinigo hoisted his food, he dropped a hint: oil gushed in the Bolivian Chaco, why not in the Paraguayan Chaco? The hint became a project. Soon three Union Oil geologists hacked their way through the Chaco brush. They reported that the region had a geological structure characteristic of oil fields...
Bauer predicted the Chaco War and its victorious ending. He predicted the presidency of José Félix Estigarribia. When he predicted the presidency of Higinio Morinigo (another unlikely event which came to pass), the grateful Morinigo made him a sort of court prophet, consulting him often on matters of state...
President: Major Gualberto Villaroel, 35, short, dark, green-eyed. No stooge, he was a hero of the Chaco war, unknown outside of Bolivia...
Seriously alarmed during the early negotiations, Argentina fought back in several ways. Her propagandists tried to stir up memories of the bloody Chaco War between Paraguay and Bolivia, and spread the indignant story that the treaty contained a secret military clause which glanced in her direction...