The woven signature on the bottom appears to read E. Frey which may be the Swiss American Emil Frey. Perhaps this ribbon was from his time as the Swiss Ambassador to the US or from Switzerland IN 1894 when he was elected President? We are unable to find another like it.

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From Wikipedia:

Frey's family provided refuge for Friedrich Hecker when he fled the repression following the revolution in Germany in 1848.  In 1860 he emigrated to the United States, arriving in Belleville, Illinois, an area with many Forty-Eighters, veterans of the 1848 revolutions in Europe. For a while he worked for Hecker, but they had a falling-out. 

Frey enlisted in the Union Army's 24th Illinois Infantry Regimentas a private. He wrote in his essay "My American Experiences" that "on 17th of June [1861] I enlisted in the 24th at Chicago. On that same day I was appointed by Colonel Hecker to be the colorbearer of the regiment, and in the evening we left Chicago for Alton, Ill." Hecker was his commander, and they became friends again, with Frey sharing a tent with Hecker's son. Frey was later promoted to first lieutenant but resigned on 17 June 1862.

Frey raised the 82nd Illinois Infantry Regiment (known as "Second Hecker Regiment") and was the regiment's acting colonel at the Battle of Gettysburg in July 1863. He was taken prisoner on the first day of the Battle of Gettysburg, and following held in Libby Prison for eighteen months before being exchanged for Captain Gordon, a Confederate prisoner who had been sentenced to death. Frey held the rank of major at the end of the war. He rescinded his Swiss citizenship on 14 July 1864, and took on the American.

After the Civil War, Frey returned to Switzerland. From 1866 to 1872, he was a member of the cantonal government of Basel-Country. Not satisfied with the salary as politician he shortly was an editor for the journal Basler Nachrichten in 1872. The same year, Frey was elected to the Swiss National Council, council he presided over in 1875/1876.

From 1882 to 1888, Frey was the first ambassador (Minister) of Switzerland to the United States in Washington. The US President Chester A. Arthur saw him as the representative for both states. 

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