José Nasazzi and women (#2)

I can't quite make out the text, but I'm guessing this is the first anniversary of Uruguay's triumph in the Amsterdam Olympics. 
Nasazzi , looking as uncompromising as ever, knee bandaged, is flanked by two rather operatic looking ladies draped in Uruguayan flags. 
As effective World Champions Uruguay were confirmed as host nation for the inaugural World Cup at the 18th FIFA congress at Barcelona in 1929.