America, do declare and proclaim that the first of the conditions
specified in section 13 of the act of March 3, 1891, now exists and is
fulfilled in respect to the subjects of Denmark.

In testimony whereof I have hereunto set my hand and caused the seal of
the United States to be affixed.

[SEAL.]

Done at the city of Washington, this 8th day of May, 1893, and of the
Independence of the United States the one hundred and seventeenth.

GROVER CLEVELAND.

By the President:
W.Q. GRESHAM,
_Secretary of State_.



EXECUTIVE MANSION, _Washington, D.C., June 30, 1893_.

Whereas the distrust and apprehension concerning the financial situation
which pervade all business circles have already caused great loss and
damage to our people and threaten to cripple our merchants, stop the
wheels of manufacture, bring distress and privation to our farmers, and
withhold from our workingmen the wage of labor; and

Whereas the present perilous condition is largely the result of a
financial policy which the executive branch of the Government finds