Bruce,
I think the way to do this is to use a one way ball bearing clutch. Basically a large pivot hole in the blade inside of that you have you pivot gearing that has a for or more lobed cam the lobes need to have clearance enough in the low areas to hold roller or ball bearings. the coil spring assembly goes inside this cam. the clearances will have to be pretty tight so that when the spring is used the clutch locks to the blade as it should, but loose enough to let the blade swing aaround it. this type of clutch is used in the bendix of starter motors. It would be worth while to find one and tear it apart to get the idea of what I am talking about. email me and I will try and draw something up and send to you.
Bill