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Answer:
Vaco Nunez de Balboa
Many say that is was Magellan, but Balboa actually reached the Pacific Ocean six years before him.
An increase in the number of bakeries in an area would lower the prices of the baked goods, since it would increase the supply without a growth of the demand. More products would be offered to the same number of buyers, so in a logical market situation, the products would lower their price due to competition and overproduction.
It wouldn't be a declaration, since it wasn't declared by anyone.
Also, the people who signed it gave it more weight due to their status.