Date: 1/5/98 2:57 PM Subject: s7-25-97 1119 Queensbury St. Pittsburgh, PA 15205 December 31, 1997 Arthur Levitt Securities and Exchange Commission 450 5th Street, NW Washington, DC 20549 Dear Mr. Levitt, I've been informed that the Securities and Exchange Commission is considering a rule that would prevent many stockholder initiatives from being deliberated and voted upon at open stockholder meetings. This proposed rule would prevent many motions on issues including fair employment practices (such as sex and race discrimination and harassment) from being brought to stockholders' attention. The rule would also prevent questions on gender balancing boards and the use of child labor. I feel this rule would remove an important tool that stockholders have to influence businesses to implement fair employment practices. I urge you to not create such a rule. Sincerely, Carol A. McCullough