Subject: Rule  (s7-25-97)
 
Date:    11/19/97 7:33 PM
     
     
To Jonathan Klatz, Secretary SEC
     
Dear Mr Klatz.
     
It is with great concern that I write to you regarding the proposed rules 
change S7-25-97. These proposed changes would essentially gut shareholders 
rights and abilities to influence the corporations (ie:management) that they 
in part own. Why abolish such avenues as over-ride clauses and existing 
resubmission thresholds? These are the very tools that shareholders use to 
exercise their rights in this Democracy. Should'nt you, as a public servant, 
protect these very rights. Today's multi-national corporations need to be 
watchdogged by socially conscious individuals who care about worker's rights 
and environmental responsibility. One shareholder can make a profound 
difference, especially for the good of others (not just their personal 
financial gain). Please consider carefully the consequences of what these 
proposed rules changes might yield; less voice for the shareholder, and less 
consciousness and less accountability for the managements of todays all too 
powerful multi-national Corporations.
     
Please leave the rules alone, or at least make changes that protect and 
facilitate shareholder 's abilities to exercise their rights to give voice in 
the ballot process.
     
Respectfully, Sam Mills,  Shareholder and  Private investor.