Date:    12/12/97 3:56 PM
     
     
Regarding: File No. s7-25-97
     
Mr Katz,
     
As an environmentalist and social activist I strongly oppose the 
proposed change in the rules overseeing shareholder resolutions. These 
changes would make it much harder (near imposible) to sponser proposals 
addressing environmental concerns (such as the Maxxam/Headwaters Forest) 
and social concerns (the strugle against South African apparthied was 
won through shareholder mandates that the companys change their ways, 
pull out of that country). By increasing the number of votes needed for 
resubmital of a resolution, the change effectively makes it impossible 
to build up long-term support for an issue. The change would also allow 
a company to refuse to include a resolution on the proxy statement if 
company management deems the sponsers have a special interests (eg, 
environmental, social justice and equity) driving them.
     
I strongly urge you to withdraw the proposed rule changes.
     
nathaniel vaughn kelso
1204 H street
Eureka CA 95501