1
Resolved, That the committee on Finance be instructed to report a bill upon the following principles.
1st. A suspension of all works of Internal Improvement until March 4th, 1841.
2d. A prompt discharge of all Internal Improvement officers, except those necessary to preserve the works, and finish unsettled business.
3d. To provide for an accounting department, and the settlement of all accounts of officers, contractors and others, and the ascertainment of balances for and against the State.
4th. To give a proper tribunal jurisdiction of all cases under the Internal Improvement Law, for and against the State.
5th. To organize a Board who shall have power to contract with companies, so as to secure their co-operation in completing Railroad Improvements now commenced by incorporating such companies by making the amount now expended, Stock at a deduction of per cent., by authorizing a subscription of one half the amount now expended on any road thus taken in State Bonds at par, where the interest and principal is payable upon such terms as will secure the State when such companies invest the necessary capital, reserving the right to the State to purchase said roads at any time.
6th. To create a sinking Fund for the purpose of defraying accrueing interest, to be irrevocably pledged to this purpose, to be made. 1st of dividends on Bank Stock. 2d. Interest on State moneys. 3d. Proceeds from all Railroads, and 4th, from real estate fund hereby created.
7th. To devote the proceeds of all loans now made and ratified by the Legislature to constitute a real estate fund, to be loaned by the[m] to citizens of the State, at 10 per cent., per annum, in sums not exceeding $1000 to each person, secured by real estate[.]
1Edward D. Baker introduced the resolution in the House of Representatives on January 3, 1840. On January 4, the House tabled the resolution.
Journal of the House of Representatives, of the Eleventh General Assembly of the State of Illinois, at Their Called Session (Springfield, IL: William Walters, 1839), 125, 126, 127.

Printed Transcription, 1 page(s), Journal of the House of Representatives, of the Eleventh General Assembly of the State of Illinois, at Their Called Session (Springfield, IL: William Walters, 1839), 125