IV. Provided also, That nothing herein contained shall extend, or be
construed to extend to restrain any
[_]
and for
extraordinary Emergencies, in case of War or Invasion.
Governor
or Governors, Council or Assembly, within any of the said Colonies or
Plantations, from making or
passing any Act or Acts of Assembly, in any of the said Colonies or
Plantations, for creating and issuing such Paper Bills, or Bills of
Credit, in lieu of and for securing such reasonable Sum or Sums of Money
as shall, at any Time hereafter, be necessary or expedient upon sudden
and extraordinary Emergencies of Government, in case of War and
Invasion, so as in every such Act or Acts of Assembly for the Emission
of Paper Bills, or Bills of Credit, so issued as aforesaid, due Care be
taken to ascertain the real Value of all such principal Sum or Sums for
which the same shall be so made, created and issued as aforesaid, and
also the Interest to be paid thereon; and so as Care be likewise taken,
in the said Act or Acts, to establish and provide an ample and
sufficient Fund for the calling in, discharging and sinking, within as
short and reasonable a Time as may be, not exceeding five Years at the
farthest, all the said Bills, by actual Payment of all and every the Sum
and Sums of Money for which the same shall be so made, created
and issued as aforesaid, with the Interest due thereon.
