Date:    09/20/2000  11:49 AM

Subject: Reference file no. S7-13-00

To the Committee:
Your proposed rule governing audit independence has potential adverse 
effects on our firm.  We ask you to consider the following:
 1. allow more time to study the impact
 2. let the Independence Standards Board address this issue
 3. wait until you have empirical evidence that non-audit services actually
compromise audit quality or auditor independence
 4. thing about the consequences to firms like ours and weigh the
cost/benefit.
     
Thank you for your consideration.
     
Sincerely
Faucett, Taylor & Associates, PC
Richard K. Taylor