Art. V.--Those ladies or gentlemen who, on receiving the Order of Matilda, may possess that of the Perfect Union of the late queen, Sophia Magdalena, shall deliver the insignia of the latter to the queen. Art. VI.--The order shall be worn with a pink ribbon, striped with silver. The gentlemen shall wear it round the neck, and the ladies fasten it in the shape of a bow on the left breast. Art. VII.--On the death of any lady or gentleman decorated with it, the heirs are expected to send the insignia of the order to the queen.[142] The badge itself consisted of a round medallion, with the letters C. M. set in costly diamonds, the royal crown over it, and a laurel wreath round. The king and queen, the queen dowager, and the hereditary Prince Frederick, were the first royal personages who assumed the new order. The others to whom it was given on the day of its institution, were Count Rantzau-Ascheberg, Privy Councillor von der Osten, Lieut.-General von Gähler, Chamberlain Enevold Brandt, Struensee, Baroness von Schimmelmann, Frau von Gähler, and the Countess Holstein zu Holsteinborg. The evident object was to indicate the queen's adherents by this distinction, but Struensee's enemies asserted that he had despised the Dannebrog, but did not yet dare demand the Elephant, and hence the new order was instituted. There was nothing remarkable, however, in Caroline Matilda founding an order, as well as other queens before her. The new rulers, however, did not at all forget, through the festivities on the royal birthday, to extend to the court the proposed system of retrenchment in the expenses of the state. It was seen to be absolutely necessary that the expenditure of the court should undergo strict revision. Struensee and Brandt tried together to induce Councillor of Legation Texier, who had accompanied the king on his tour as treasurer, to undertake the duties of a court intendant. But this clear-sighted man declined the offer most politely, and Struensee had to look elsewhere for assistance.