Date: 1/5/98 12:43 PM Subject: s7-25-97 To the Securities and Exchange Commission, As a private shareholder administering a large portfolio, I strenuously object to the attempt to change the rules governing shareholder initiatives, thus preventing shareholders and employees from addressing corporate sexism, racism and so forth by putting initiatives on proxies and annual meeting agendas. I'm sure the head honchos at the corporations don't want to have to deal with intelligent and conscientious shareholders keeping a sharp eye on their often shortsighted and sometimes downright reprehensible actions, but this is part of the American tradition of democracy - a part that even the hegemonic corporations would do well to respect, and one that the SEC, given its relationship to our democratic government, should be strongly supporting. There can be no gag rule, even to keep the worst of crackpots from speaking up - or else voices that need to be heard will also be silenced. History makes that very clear. Please take note that this shareholder wants to see the present rules remain in force. Yours sincerely, Caron Cadle candr@compuserve.com