VILLA RICA  , the largest city in the interior of Paraguay, on the railway from Asuncion (70 M . N.W.) to Encamacion . Pop . (1910) about 25,000 . Situated in a rich agricultural region watered by the upper Tepicuary, with finely timbered mountains extending to the E. and W., Villa Rica has an important trade in tobacco and yerba mate . It is to a great extent modern, and contains some fine buildings, including a national college, a church, many schools, and a branch of the Agricultural Bank .