A moving patriotic issue from Paraguay honoring the fallen and victorious soldiers of the Chaco War (1932–1935). The central vignette depicts an allegorical winged figure guiding a column of armed Paraguayan troops, symbolizing divine protection and national sacrifice. In the background rises a domed building—likely referencing Asunción’s Panteón de los Héroes, a national memorial. Bold red banners flank the sides, adding a ceremonial feel. Printed by Imprenta Delrieu, Paris, this issue is admired for its classical engraving style and strong historical sentiment.