Date:    12/15/97 11:26 AM
     
     
     
To: rule-comments@sec.gov
     
Jonathan G. Katz, Secretary
U.S. Securities and Exchange Commission 
450 Fifth Street, N.W.
Washington, DC 20549
     
Regarding: File No. s7-25-97
     
Dear Mr. Katz:
     
       I write to strongly oppose proposed changes in the rules governing
shareholder resolutions, as a conservationist and one concerened with ethical 
issues,.
      These changes would make it much harder to sponsor shareholder
proposals addressing environmental concerns.  They seek to insulate 
corporations from ethical concerns related to their responsibility to our 
society and our planet.
      From a purely financial standpoint, companies that improve environmental
performance tend to improve their stock performance as well.  If shareholders 
are not able to encourage companies to act as better citizens and 
environmental stewards, who will?  These issues are legitimate issues for 
shareholders to raise.  If we remove such ethical considerations from the 
ownership of corporations, who will be left to raise them?
      Without these mechanisms for social responsiblity, you would be placing
increased pressure on other government agencies to pursue regulation and 
litigation against corporations.  Why not let the corporations owners help 
change attitudes from within?  Daily, these corporations make decisions that 
affect our lives, our health, and our welfare.  Yet, as citizens and even 
shareholders, we have far too little input into their decisions.
     
      I urge you to withdraw the proposed rule changes.
     
Sincerely, 
Earon S. Davis
643 Hibbard Road
Wilmette, IL  60091