The border vidette., 1923-07-21

nit to Do Business.
That the United States gov
eminent will recognize Mexico
within thirty days, is. the declar
alton of J. M. Yoes, secretary
treasurer of the Union National
Life Insurance Company Of Hous
ton, Texas, who is q guest at the
Evans Hotel, says The Demo.
crat.
The insurance official bases
this prediction on the optimistic
outlook now prevalent in high
circles both in Mexico City and
Washington. Ia a recent visit
to Mexico City, Mr.. Yoas con
ferred with a number of promi
nent men, both Mexicans and
Americans, and found a strong
undercurrent of confidence rela
tive to the successful termina
tion of the international confer
ence now sitting in Mexico City,
which is attempting an amicable
solution of the problems hitherto
preventing the resumption of
diplomatic relations.
The present political outlook
is also ascribed as an important
factor tending to bring about in
ternational agreement, both from
the American as we'll as the
Mexican point of view. In high
circles at Washington it is gen
orally known that President
Harding is anxious to see the
resumption of cordial relations
with Mexico before his term ex
pires. This would not only be
an accomplishment of favoring
his administron, but would give
him additional prestige in event
he should become candidate for
re- election.
In Mexico it is likewise highly
desirable that recognition be &C
complished under President Oh
regions regime, as it is largely
through the personality Of the
present leaders of Mexico that
confidence has been established
in that government. For new
administration to take over the
reigns of government in Mexico
without a mutual agreement be
tween the nations having been
attained, would, it is feared, pre-.
cipitate a most unsatisfactory
situation which might delay
reaching this understanding for
an indefinite period of time.
The foregoing political ele
ments state Mr.. Yoes, are likely
to be very potent factors in
bringing the two nations to a
realization of the extreme ur
gency of reaching an agreement
without further delay.
While in Mexico City, Mr..
Yoes conferred with President
Obregon and other leading Off
Gals relative to the establish.
ment in Sonora of a working.
mems insurance company in.
tended to offer all employed
people compensation in event Of
injury or support to the family
in event of death resulting from
accidents while employed.
An exclusive concession for
ten years covering this new field
of insurance has been granted
by the Federal government The
legislature of Sonora is at pre-.
sent engaged in consideration of
legislation for the furtherance
of the protective measure offer.
ed by Mr.. Yoes and his com.
pany.
The new insurance company
will be a Mexican corporation
aud has been named the "Socie-
dad Nacional Patronal de Segu
ros de Indemnizaciones." mad.
dition to Mr.. Yoes, who is pre-
sident of the company, Drs. J.
G. Burton and Ernest E. Kessler
of the Hermosillo Hospital and
Senior O. E. Gonzalez, also of
Hermosillo. are other officials.
1t is expected that the final
details relative to the organiza
ton of the company will be
effected in the next thirty days,
after which active operations of
the company will commence.
The home Office will be in Her.
mosillo.
Cha. Cervecera de Nogales So
l. L 4