Subject: Re: File No. S7-25-97 
Date:    11/22/97 7:40 PM
     
     
The proposed new thresholds for the submission of shareholder resolutions 
are an assault on the rights of shareholders -- in particular small 
shareholders.  The arrogance of corporate managements seems to be 
extending to the S. E. C. itself.  Have you forgotten that the job of the 
S.E.C. is not to ensure that the speculative casino of the stock market 
further enriches the already rich but to oversee chartered corporations 
to see that they serve the public good?  If anything the submission 
thresholds should be lowered to enable all stakeholders to introduce 
resolutions and issues in the governance of public corporations.
     
Eugene Marner
RR #1, Box 49-B
Franklin, NY 13775