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this high prerogative of national existence and authority, in times of imminent peril, in times of war, and as a war measure.
The U.S. Supreme Court, 12 Wallace, page 567, states:
"I do not say that it is a war power, or that it is only to be called into exercise in times of war; for other public exigencies may arise in the history of a nation which may make it expedient and imperative to exercise it. But of the occasions when, and of the time how long, it shall be exercised and in force, it is for the legislative department of the government to judge.
Same book, page 562:
"Another ground of the power to issue treasury notes or bills, is the necessity of providing a proper currency for the country, and especially of providing for the failure or disappearance of the ordinary currency in times of financial pressure and threatened collapse of commercial credit. Currency is a national necessity."

REMEMBER BLACK FRIDAY.