Magazine content is available exclusively for TIME subscribers.Peru: Fish and Oil
The already unhappy relations be tween the U.S. and Peru took another turn for the worse last week. The latest trouble was caused by the seizure of an American fishing boat. The boat — the fourth U.S. tuna clipper taken captive this year — was fined for having violated the 200-mile limit claimed for Peru's territorial waters (the U.S. recognizes only a 12-mile limit for fishing rights). In some exasperation, Administration officials in Washington leaked the news that the U.S. was suspending arms sales to Peru.
Actually, the sales had been suspended last February with the seizure of the first...
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