Peru invades the Amazonian of El Oro. The two countries go to war. Contention continues through much of the 20th century.
Banana trade brings prosperity.
1 Spanish (Vélez): patronymic from the personal name Vela .2 Spanish (Vélez): habitational name from any of various places in Andalusia called Vélez.3 Portuguese (Velez, Velêz): unexplained. It may be a habitational name from Vellés in Salamanca.