Subject: File No. S7-25-97 Author: "Joseph Stoner" Date: 11/23/97 4:33 AM I am concerned about the changes proposed with regard to rules related to shareholder resolutions. It is important that all members of the corporate community have a voice with respect to the operation of corporations. Religious organizations provide a valuable ethical voice in the governance of corporations. Religious organizations have been able to effect change in corporations because of that voice even with votes for proposals of less than 10% of the voting stock. Corporation are concerned about those voices. These organizations have major amounts of capital committed to these organizations. It is important that that access remain open to these organizations.