The two most antagonistic schools in contemporary Western philosophy are Existentialism and Logical Positivism. They have nothing in common but the name of philosophy, and even that they deny each other. There is some kind of discussion going on between even such distant schools as Pragmatism and neo-Thomism; Existentialists and Logical Positivists have nothing but sarcasms for each other. To philosophers familiar only with the Anglo-Saxon scene Existentialism must appear negligible. In the Mediterranean countries, on the other hand, where philosophy is a much more popular pastime, Existentialism has an unparalleled vogue and Logical Positivism is considered a horrible aberration from the naturally speculative course of philosophy. In South America whose philosophical life we are apt to underrate Logical Positivism seems to be known to almost nobody, whereas Existentialism, mostly in its German and anti-religious shape, has become, quite paradoxically, the rallying point of “Liberalism,” liberalism, in Spanish countries, being above all anti-catholicism. Although, ironically enough, both Logical Positivism and modern Existentialism originated in German speaking countries, the split between the two goes vaguely parallel with, and may have found some ready echo in, the different cultural inheritance of the Anglo-Saxon and Latin races. Hence, the subject of this paper would seem far-fetched to those steeped in their own national tradition. There is, however, a growing consciousness of the “one world” function of philosophy, particularly with regard to Eastern and Western philosophy (Northrop, Burtt, Conger, etc.). Would it not be a prerequisite of this more ambitious enterprise to gain a clear conception about the most radical split in our own contemporary Western philosophy, the split between Logical Positivism and Existentialism? This paper is an attempt to establish a perspective permitting a just evaluation of the two philosophies.