Subject: Headwaters Forest
Author:  Nan Schweiger 
Date:    12/17/97 6:38 PM
     
     
Dear Mr. Katz,
     
As a conservationist and an American citzen, I write to strongly 
oppose proposed changes in the rules governing shareholder resolutions.
     
      These changes would make it much harder to sponsor shareholder
proposals addressing environmental concerns.  In my understanding:
     
* Increasing the percentage of votes a resolution must win to be 
resubmitted, the new rules would make it hard to build support over time.
     
* The new rules would allow companies to refuse to include a resolution 
on the proxy statement if, in management's sole judgment, a resolution's 
sponsors are motivated by a special interest, including, apparently, a special 
interest in the
environment.
     
* From a purely financial standpoint, companies that improve 
environmental performance tend to improve their stock performance as well.
     
Every person in this country- both corporate and individual - must be 
accountable for its/his actions.  Otherwise, we risk tyranny by those 
with only their own interests in mind, ignoring what is best for the 
common good - including the very fate of the earth. Shareholders
must retain the abilities they now have to bring humaneness and 
health to the corporate stratum.
     
I urge you to withdraw the proposed rule changes.
     
Sincerely,
     
Nancy Schweiger
     
941 Evelyn Avenue
Albany, CA 94706