GSQG DJ PLFHQLO RHO ]H]L[NG [WTD U ]HQHFZ ]HLSQ OUH GSQG ]DL]N ]WHZ] ]HFHC ]HD[ [ZJSH D]NS [DNH
GN QHJ MUH ILZ QU PSHODH OIJ L[DFD PLSHLU EJ C M[N PLSHC[ ]H[HF RQWHG YF[O LCS]F C]EHOWH GSHC[G
D KZT
PLCLDQ COC [WG PU [LUG ]C PLFLQUQ RLC CHG CZHFD [WC HKJ [LUG ]C HO HCLDG
J GKHTD TH]G ]UFD CLZT IQZ PG[DCREQG D]N RN ]HOLDJ ]HOLDJ ]HHYQ PLHU RLC LN G]U Z[ H]HC
U
]HJHOG L[G M[HY HD RLC LSWQ [JC RH[C HU COH ISES HQHZQD ODDO GOE RH[C OKLSQ
[D UUH JY MHSLJ ]JSQ LWU GFHDUG ]C DNUQ HSLC LN RH[C ]HUO GHYQ RLC PE HISES
FDOQ@ PGD GFHDU LFL OU COC PLFZ]Q PSLC FZQG LON L[G HFZO [WC LC D]N LQ LH
PFG ]CIG FDOQ ]HFHDU HUS CO RH[CD L[GH >HK ]HUHD P]FZQ P]JLQ GQ GU PLONG
]HJSQD DH]NG RQ ]CI H[FH RCN HSLS HQN RH[CG ]HCYQLG COO ]HUGO GOHNL COG PFG ]CIGH
[DNH@ G[LJDG ]LD ]HNOG FHF FZQ LWU FDOD GQ GU GI COC FZ]GO RH[CO [WC LC RN OU IN
ONQH P ZJYL JLH KO OLUO CDKL[H C[H] LH] FFZQD U HFZO CZHF GFHDU ML[Y PCG [DFD PLSHC[G HZOJS
LS ]LDD MLL RLC GIH HNH]D ]HJHOG ]TSNGD CHG HHQLH HFHUL RH[CG L[GH HHQL LFL OU COC FZ]Q HSLC OL PHZQ
DS OLUO C[H] OU [DQ L[QC UUH >OSN
HQN POHUG ]]HG GSQQ PEG ]C[ZS G]LG GLL]H PLSHC[ PLCLDS ]HQLQ P G]LG RDC
LZQU FU GUDLK GDZGH GDYQ DZUL P [C RDCG CLG HI PL[QHC LH@ MHQTD C[QED H[QC
GJ]QS CLG PQH X[CG [HDK CHG PQ GL]G RDC ]C[ZS MNLWOH X[CO VLST G]HC GUH ]HQHG]
][CW] CFLJ[O RFCO [NN LWU PLSHC[ PLCLDS LQLD COC G]OE]S CO > FHUH GO [IULOC LD[F LZ[W LWU
OC[L
FS VF
PHLG FU ]HUQQD ZHOLJ L CO [WQ LQ L P DL]N CO P]G P DL]N CNG GLO [QC
CLG DH]NG ]HUQQ L[G P [QCS CO RHLN CHG H[LWG COC HCO PC P HFYD DH]N PC GIG
RLQLSD LSD HOENH PLOH[LD CZHF HCOH P CHG PHZQ OND POHUO RLQLSD LSD D[ZD DL LTHDLG
GFHGLD UFHS LWU GS PL]H PLQJ GFHGLD LC [DU CO MNO []HT GI RLC RNOH PGQU LTHDL GOE
IW LTHT FHL CSLS]
CO MC PLOH[LD RLQLSD LSD ]C DL [QHON GIG PHLG FU P O H [ L D RLQLSD LSD ]C LTHDLG DLH ILWO [CDO ML[YH
CZHFD PLOH[LD DL
GUFG LWO PEH G]LQ LFLO CDH [DFG OEOE]S MNOH PLSL TH] L[ HD ZJQ HQHF[ZD ZTU]Q
]C GNGH RI[EG KQS RN LFL OUH LHC[N H]NCOQ LON RZL] CO MND UHW GLG HQHF[Z GKQS
UFLHGL RD G[H]G ML[CQG OU PFC O HLQL [YZQG OI[DG VSHGH RH[CO OUQQ RDCG
IOZ
]UF VTHL
M[JD PHF[ZG OWS COC OHIOI OU SHU RCN RLC HQHF[Z GKQS ][QHCG GUFG LWO [WQ LQ LH
MHQTD CSLKZ D[ [D CSJ D[ GZG HGIH UEWSH XLYGH M[J H]HC M[F GC[S GLG RH[CGH GWY[D
PL[HCDH PLHFJ LWU RH[CG ]C ]HC[O []HQ RQJS D[ [QC GQ OU
]NH[W LCQH RHC[ FZQD POHUO ]NH[W LCHG LQ RHC[ FZQD CQLOLC RSLZTU LCQD
CJ GQ ]H[EC ]HD FZQD HLG ]HNH[W [U GO D[ [QC C[LI LD[ [QCF LDDF ]NH[W
GQH ] H ] O F H PL[U HD HLG RLTZ[K GQC O]HN ]HQHZQ FHUQH ]HC[ZQG RQ JLNHG D PLFZ
PEH ]H]OFG ]C PLJ]HW HLG RQID TSD GI GLG ]NH[WD PLKOHDH PLZJHF HLG RH[CG LFD H[QC
FUO RHNSG HGI OHWN TS GLGH ]H]OFG M[F PLKOHD HLG [WC
PHQ COC@ M[HY GD RLC PYUD LN ]NH[W LCHG LQ RHC[ FZQD C[QEG ]GLQ] ]C [LW GIDH
COG ]H]OF COO HLG PL[UG PC ODC J]WG ]C ]H[EHT ]H]OFG L[G >JY ]HJSQ L[U ]HULSYH FHDN
[ZLU ON GHQ]O PHZQ RCN RLCH FZG RQ PGLSLU HSHIL CO ]NH[WD M[HY L LCFH
]NH[W P GLG CO GQ]Q RN OUH O]HNG JK OND UQQ ]NH[W PHQ CLG C[QEG ]GLQ] [WO L ]HKWD C
ROGO TH]D UQQFNH LDDF ]NH[W COH GOHFEG ]NH[WG []HL UQQ ]NH[W P]T ]QCG LWO PEH FDOD [UG ]NH[W X[]QH
LSC GF IS
MN LFN FU ULEG CO PN[HC COGH PLZJHF PLFDG HLG FYLN HFQU RLZJHF GF JY ]HJSQD TH]G L[DFQ ]YZ [LUGO L D
]H]OFG OOED CHG TS NU [QHO H]JS COH TSD GI GLG HD]NH
EQ IUD CDHQD U ]H[HY [CH PFC ]H[HY ]LLU OU
CO KY DDD H[QC LW OU VC GID GI PL[HUQ PLDH[N HC[ ONLGO PL[NS HTSNS GUD DU
LFN GU[O TS RCN GUS PHZQ O HSHY[ PLHU OC[L HLG RQID COC HLJC OC LC PGLSW HLG
PC[ PD CDKL[ R]HH[U ]HOEO
CYHL CHG GUD H]C ]C FHZWO PFC DLLJ H[QC RLSUN ]H[JC PLSWD RLSUG [DTHQ PL[WTDH
]QS GF[L RQI H]HCDH GOHFE GFLZW G]LG GQHZQQ GOHE GSLNG ]U RD[HJG RQID MNO M[FO
FHUH TG LKHZO TJSLW L[QC XL[IQQ FLEQG PD OI[ L[DFN POHUO JLQ
OOND HLG MC G[IEG G[IES [DN PSQCH GDH]D H[G[G FLQ ONLGO PLDLHC HTSNS OC[L HC[N
OND JLQ FOHS DCD GU]D GS OND RNH @ FLQ JLQ O HJH[ FOHS GIQH PHZQ O HSHY[ PLHU
G [FC FJ C[O DJH EL PL[DF ZLFY L[W LWU > LCNI [HFG GLGL PC JLQ ]HLGO LHC[ FJC WS L [HF
G[L]L GDGCGH GSLSJG ]FQD OHNLDN DO]S HQU ]C ]HOEGOH HONLG ]C DL[JGO GDZG CD RHLN
C CO] HN XLDOCHQ J[EO [THQ ]HJL LWU PGD KHOO RLFG ]FQO GDZG [L]G IC Z[H OC[LO
DO]
EO] C [THQ ]HJL CL GOLO LTLT[ QU RLDG ]SZ] CUZ ZLFYG ]ZFY U PLWTHS PLSLSU
GQHFD C[DS RLFFYG RQ POHU [QHC UHGL LD[ C[DS H]LUYQCQ POHU [QHC [IULOC LD[
C[DS HC[Q [QHCH ZOHJ CQZ CS]H H[HDKQ [YHS FOHG U GQ GKHTD [IULOC LD[O HSLYQ RCNO
]ZHOJQ L[G RTLSD [QHC UHGL LD[H POHUG C[DS >PLFJG UYQC @ L[]D [QHC [IULOC LD[ RNH
WS GS POHU PLFQLQG ]OD ]JC
JOZ
FS VF CQHL
P]KL GWOJ]S HSLYQ POHCH K ]LSU] U [ZLUG CHG IN[QG [DT [IULOC LD[ ]HQHZQ GQND RNH
GQNJ MQ DOD [QHC UHGL LD[ C[D [QHC [IULOC LD[ GLHYQ GQNJG RNLG KZ]] LOQ [FQD
]LC[D
PSHONH PD]NN
GC LFF LSN RLC[SH ]NH[WD RLCYHLH RLKOHDH RLZJHF PLFDG LC[ HC[LH
PLFFG MH]Q CYHL DOJG LN PLSWDQ GCYHL PLFFG RQ FOHG ]CSG LN PLFFO RHLQFG GU
[ZLU OC[L RNH XHJDQ GCYHL PGD H]QQH PGD H]OFEQ HQC LFLQ FOHG ]CSG ODC
PG ]HNOG O RDH[ LN GO KWG RQ COH GO ]HLQLSWG RQ RH[CD G[H]G RQ CHG P]CSG
UFLHGL RD C[ZQG L[DF MH]D IQ[D RLCD
GOUDQ GUHSY GLDC ]DD CLG RQI ON GONO OQ
[HQE ]HULDZD GHFZG OC[L LDE RLLFU IC G]LG CO RNQG RQID HSLYQ RLSUN CHGH
b ]C UODN ]HC[O HCDL
b COH [QCS
GHFZG OC[L LDE UDZS [DN FZQG RQID NJCH HEH F7G
L GHFZG PFCG OYC UDZS [JC L[G GLC[G ]CIQ OON HJ HZIS COH [HQE ]HULDZD
]HULDZD GHFZG HOYC UDZS P[K ON]TGO HJND GLG CO PHZQG GID ON]TGO HJND
I WQGHJ ]D [ZHD PL[L FHT MH]Q
PLFZG LFZ ]LDD PLDH[NG HSLLGF FCQ ODEHQ RWHCDQ XHJ ]H[HY ]LLU G[TC G[H]G
PHZQG LSWO PN]DLJ HC[ RHEN ]L H]EGSGH HL]HFQD RSHD]S LFN PSLSUH
HSO GLGL LFN PG PLOQ ONG GDN[QG GUQ RHEN PLCLDSG OYC H[LLKYS PL[HLYG RNH
OC GOLW]D PLSHW HLOCH QQ HQO PLHU HSC ]HHYQGH GFHDUG ODC ]L HFHDNQ GQEHQ
HSSHLQFD HOLWC [HLY PH [LLYO HC G[HY PH ]HUO [HTCH PLUYQC PH LOD QQ HQYU
CHG [HLYG ]HQFO CHDL CO [WC LC VHTDO LSWQ "PUK GQ ]L H]HQYUD RSHD]GO LFN
HC GSHQ] PH G[H] R]QD PGO GC[G CO GSHQ] ON P]LC[ COH HGIH ]L H]HQYU CHG
HSQYUQ GUS OQ M[FD RN ONH GCHDS M[FD CO HOLWC ]L HQYU ]EGD ]HQF
QU FJ HGLOCQ D]NQ MH]Q
GS VF
KOZ
GKQOQ [DF Z[HIG PFC HQN ]LUS GCIGG GC[S L[WQ GKQO HFL FFYQ GOUQO GIQ CHGN
GOUQO FLG VN ]USG LFL OU Z[HIH UZ[ZG LWON GSH]S HFL DE GOUQO
HI G[HYDH GOUQO ]HUDYCGH GKQO FLG TW HWHE LWON GSHW HFL DE GC[S OCSSJ HSD[ L[DFQ HOLCH
GIQ CHG
J[WOH >HIQ GKQO HI@ GKQ RHHLNO FLG ]USGD Z[HIH GOUQ LWON FLG DE L[WO GKQO UD D MWGOH
GQLFZ ]HUDYCG ]USG LU GIQ CHG HI G[HYDH GKQO ]HUDYCGH >HWHE LWON GDEN@ GOUQO FLG VN