Čć! (-!+Ä“ĹŠ .3./ 7(
Äž ĹŠ } Ä?
: ŊćĊŊ ĹŠ ĹŠ ĹŠÄ‰Ä‡ÄˆÄ‰
(2(3 ĹŠ#-31# /+ 42.2 8ĹŠ1#!' 9. +ĹŠ$ -3 2, ĹŠ"#ĹŠ+ ĹŠ - 1!.5 +() ĹŠ8ĹŠ"#ĹŠ + ĹŠ(-"#/#-"#-!( ĹŠ #-ĹŠ+ ĹŠ)423(!( ĹŠ/#1Äą 2(%4#-ĹŠ .11# Ä“
Ä“ĹŠ $ #+ĹŠ .11# ĔŊ/1#2("#-3#ĹŠ"#ĹŠ+ ĹŠ #/ĂŒ +(! ĔŊ' +¢Ŋ"#ĹŠ3#, 2ĹŠ+.! +#2Ä“
:[iZ[ bWi .0&& _d_Y_ÂŒ bW W][dZW Z[b Fh_c[h CWdZWjWh_e [d Fk`_b‡" kdW ^ehW Wdj[i bW Feb_Y‡W DWY_e# dWb h[j_hWXW kdWi YW`Wi gk[ \k[hed kX_YWZWi [d Z_\[h[dj[i bk]Wh[i Z[ bW Y_kZWZ" Wbki_lWi W bW dWhYelW# b_`W" o [d Fk`_b‡" i[ b_cf_Whed bWi fWh[Z[i gk[ WcWd[Y_[hed Yed WĂ’ # Y^[i gk[ ^WY‡Wd h[\[h[dY_W0 ÆDe `kij_Y_W i[Yk[ijhWZWÇ$ 9kWdZe [b Fh[i_Z[dj[ HW\W[b 9ehh[W Whh_XÂŒ Wb 7[hefk[hje 9eje# fWn_" oW jeZe [ijWXW YedjhebWZe o de gk[ZWhed ^k[bbWi Z[ bei WĂ’ Y^[i o bWi YW`Wi$ BW fh_c[hW WYj_l_ZWZ fbWd_Ă’ # YWZW \k[ [b Z_|be]e Z[b fh[i_Z[dj[ HW\W[b 9ehh[W Yed bei c[Z_ei Z[ Yeckd_YWY_ÂŒd beYWb[i" [d [b gk[ i[
Ä“ĹŠ 1(.2ĹŠ! 13#+#2ĹŠ$4#1.-ĹŠ 1#3(1 ".2ĹŠ -3#2ĹŠ"#ĹŠ+ ĹŠ++#% " Ä“
h[Ă’ h_ÂŒ W j[cWi fhel_dY_Wb[i fkd# jkWb[i$ 7Z[c|i Wfhel[Y^ÂŒ fWhW bbW# cWh W bW h[Ă“ [n_ÂŒd Wb fk[Xbe _dZ‡# ][dW" i[ h[Ă’ h_ÂŒ W 9ƒiWh KcW`_d]W" fh[\[Yje" o BekhZ[i J_X|d" WiWc# Xb[‡ijW" Yece bei h[ifediWXb[i Z[ bW Z[ijhkYY_ÂŒd Z[ 9ejefWn_$ ;d YkWdje Wb 7[hefk[hje" cW# d_\[ijÂŒ gk[ bW eXhW \‡i_YW [ij| b_ijW o gk[ bW ef[hWj_l_ZWZ Z[f[dZ[ Z[b =eX_[hde Fhel_dY_Wb" Z_`e gk[ [i kdW h[ifediWX_b_ZWZ beYWb o de dWY_edWb$ ;%(- 2ĹŠ ĎĔŊ Ĉ
ƒ
(2! +~ ĹŠ(-! 43 ĹŠ !.,/43 ".1#2ĹŠ "#ĹŠ+ ĹŠ -!(++#1~ ĹŠ /.1ĹŠÄĽ 1!.5 +() ÄŚ ;%(- ĹŠ Ĉ
Ŋ /1.5(-!( +Ŋ-.Ŋ !.-3(-4 1;Ŋ!.-Ŋ +$ #3(9 !(¢ ;%(- Ŋ Ċ
ĹŠ. +(% ĹŠ + ĹŠ/ 3#-3#ĹŠ ,4-(!(/ + ;%(- ĹŠ ÄŠ
( Ĺ‹* ! ), Ĺ‹* , Ĺ‹ )-Ĺ‹$/4! )-
(2/.2(!(¢-Ŋ / 1 Ŋ! , +#2
#Ŋ !4#1".Ŋ Ŋ+ 2Ŋ"(2/.2(!(.Ĺ -#2Ŋ#,(3(" 2Ŋ/.1Ŋ#+Ŋ (-(23#1(.Ŋ "#+Ŋ , (#-3#ĔŊ +.2Ŋ ! , +#2Ŋ "# #-Ŋ3#-#1Ŋ/+ -3 2Ŋ"#Ŋ31 Ĺ 3 ,(#-3.ĔŊ' 23 Ŋ#+Ŋ,.,#-3.Ŋ -(-%4-.Ŋ !4#-3 Ŋ !.-Ŋ #23#Ŋ 1#04#1(,(#-3.ē
;%(- ĹŠ ÄŠ
:[ WYk[hZe Wb Whj‡Ykbe *) Z[b 9ŒZ_# ]e Eh]|d_Ye Z[ bW D_‹[p o 7Zeb[i# Y[dY_W" bWi f[di_ed[i Wb_c[dj_Y_Wi ied d_l[bWZWi Wkjec|j_YWc[dj[ YkWdZe [n_ij[ kd Wkc[dje" de ^WY[ \WbjW gk[ bWi cWZh[i Z[ \Wc_# b_W gk[ h[Y_X[d [ijW f[di_Œd i_]Wd kd jh|c_j[ WZ_Y_edWb fWhW j[d[h [b Z[h[Y^e Wb Wkc[dje$ ;b `k[p i[]kdZe Z[ bW D_‹[p o 7Zeb[iY[dY_W Z[ bW 9ehj[ Fhe# l_dY_Wb Z[ @kij_Y_W Z[ 9ejefWn_" 7b\h[Ze @WhWc_bbe" WYbWhŒ gk[ [b Wkc[dje h_][ Z[iZ[ [d[he o gk[ [b _dYh[c[dje [i Z[ '' ZŒbWh[i Yed /- Y[djWlei" feh be gk[ bW f[di_Œd Wb_c[dj_Y_W fWhW kd d_‹e Z[ Y[he W YkWjhe W‹ei [i Z[ -/ ZŒbWh[i Yed *( Y[djWlei" o fWhW bei cWoeh[i Z[ Y_dYe W‹ei" .) ZŒbWh[i Yed )' Y[djWlei$ :[ijWYŒ gk[ Wb i[h kdW eXb_]W# Y_Œd bei Wb_c[djWdj[i Z[X[d [ijWh Wb Z‡W Yed iki fW]ei fWhW [l_jWh
ēŊ +Ŋ/ %.Ŋ"#Ŋ/#-2(.-#2Ŋ +(,#-3(!( 2Ŋ#2Ŋ4- Ŋ. +(% !(¢-
_dYedl[d_[dj[i Yed bW `kij_Y_W$ 7dj[ bW Wki[dY_W Z[ kdW fW]W# ZehW j_jkbWh" [d [b @kp]WZe [n_ij[d Wb]kdei h[jhWiei" oW gk[ bW YWh]W bWXehWb fWhW kdW iebW f[hiedW [i
[nj[diW1 feh be gk[ @WhWc_bbe _d# \ehcÂŒ gk[ Z[ cec[dje i[ h[W# b_pWd bei jh|c_j[i [d Gk_je fWhW i[b[YY_edWh W bW f[hiedW _ZÂŒd[W$ ;%(- ĹŠ ĉ
666Ä“+ '.1 Ä“!.,Ä“#!
/4! )Ĺ‹., $ Ĺ‹ )(Ĺ‹/( Ĺ‹* ! ), Ä‚ 0%!),+ (! 01. Ä Ä†Ĺ?)%*Ä‹
7 Ĺ?ĀăĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä‚
Ĺ? +. Ĺ?
ĹŠ
23#"ĹŠ/4#"#ĹŠ, -" 1ĹŠ242ĹŠ$.3.2ĹŠ"#ĹŠ"#-4-!( 2ĹŠ!.,4-(3 1( 2ĹŠ8ĹŠ+ 2ĹŠ 43.1(" "#2ĹŠ 1#2/#!3(5 2ĹŠ3(#-#-ĹŠ+ ĹŠ./.134-(" "ĹŠ"#ĹŠ1#2/.-"#1Ä“ĹŠ ĹŠ .1 ĹŠ2#ĹŠ1#2#15 ĹŠ#+ĹŠ"#1#!'.ĹŠ "#ĹŠ2#+#!!(.- 1ĹŠ8ĹŠ#"(3 1ĹŠ+ 2ĹŠ"#-4-!( 2Ä“ĹŠ #2/.-" ĹŠ ĹŠ!.3./ 7(Äž+ '.1 Ä“!.,Ä“#!ĹŠ.ĹŠ ĹŠ+.2ĹŠ3#+_$.-.2Ä–ĹŠÄ‰Ä‘ÄˆÄ‡Ä?ÄˆÄ’ĹŠÄąĹŠÄ‰Ä‘ÄˆÄˆÄ‡Ä‡Ä’
+ĹŠ#23 ".
#12.- 2ĹŠ(-#2!14/4+.2 2ĹŠ' -ĹŠÄĽ%1 ă3# ".ÄŚĹŠ+.2ĹŠ! )#3(-#2ĹŠ"#ĹŠ+~-# 2ĹŠ3#+#$¢-(! 2ĹŠ"#ĹŠ + ĹŠ!(4" "ĔŊ" -".ĹŠ4- ĹŠ, + ĹŠ(, %#-ĹŠ +ĹŠ2#15(!(.ĹŠ8ĹŠ 3#-3 -".ĹŠ!.-ĹŠ+ ĹŠ!.,4-(! !(¢-ĹŠ "#ĹŠ+.2ĹŠ' (3 -3#2Ä“
2Ŋ/#-2(.-#2Ŋ +(,#-3(!( 2Ŋ2.-Ŋ (-"#7 " 2Ŋĸ-(5#+ Ĺ " 2ĚŊ 43.,;3(! Ĺ ,#-3#ē
BW Z_ifei_Y_ÂŒd [i YbWhW [d [b Whj‡# Ykbe *) Z[b 9ÂŒZ_]e Eh]|d_Ye Z[ bW D_‹[p o 7Zeb[iY[dY_W" gk[ [ijWXb[# Y[ gk[ bWi f[di_ed[i Wb_c[dj_Y_Wi i[h|d _dZ[nWZWi Wkjec|j_YWc[d# j[ YkWdZe [n_ijW kd Wkc[dje" gk[ i[]‘d h[YehZÂŒ [b `k[p i[]kdZe Z[ bW D_‹[p o 7Zeb[iY[dY_W Z[ bW 9eh# j[ Fhel_dY_Wb Z[ @kij_Y_W Z[ 9eje# ĹŠ fWn_" 7b\h[Ze @WhWc_bbe" [ijW oW i[ fheZk`e Z[iZ[ [d[he" jecWdZe [d
ĹŠ-4#5 ĹŠ3 + ĹŠ Yk[djW bW _dĂ“WY_ÂŒd$ #23;ĹŠ5(%#-3#ĹŠ "#2"#ĹŠ#+ŊĉĊŊ"#ĹŠ ;b _dYh[c[dje [i Z[ '' ZÂŒbWh[i #-#1.ĹŠ"#+ĹŠÄ‰Ä‡ÄˆÄ‰ Yed /- Y[djWlei" feh be gk[ bW f[d# i_ÂŒd Wb_c[dj_Y_W fWhW kd d_‹e Z[ Y[he W YkWjhe W‹ei [i Z[ -/ ZÂŒbWh[i ĹŠ Ä“ĹŠĹŠ 1 ,(++.ĹŠ 2#%41¢Ŋ04#ĹŠ+.2ĹŠ(-!1#,#-3.2ĹŠ2#ĹŠ!4,/+#-Ä“ĹŠ Yed *( Y[djWlei" o fWhW bei cWoe# h[i Z[ Y_dYe W‹ei .) ZÂŒbWh[i Yed )' ^W]Wd bWi h[j[dY_ed[i [d \kdY_ÂŒd X[d[Ă’Y_WZei Z[ bW _dZ[nWY_ÂŒd Wk# Y[djWlei$ W be gk[ Z_YjW bW b[o$ ÆBei eXb_]W# jec|j_YW$ @WhWc_bbe [nfb_YÂŒ gk[ bWi cW# Zei Wb_c[djWdj[i j_[d[d gk[ WY# Zh[i Z[ \Wc_b_W de Z[X[d ^WY[h kd jkWh Yed YedY_[dY_W" ^WY[h bei Z[# -! 1%.ĹŠ"#ĹŠ$4-!(¢-ĹŠ jh|c_j[ `kZ_Y_Wb fWhW gk[ bW fÂŒi_jei i_d bW d[Y[i_ZWZ ;b @k[p _d\ehcÂŒ gk[ Z[iZ[ [d[he" f[di_ÂŒd Wb_c[dj_Y_W b[ i[W Z[ d_d]kdW fh[i_ÂŒd" bei Wb de i[h h[delWZe [b YedjhWje Z[
ĹŠ _dYh[c[djWZW Wb lWbeh WY# Z[h[Y^ei Z[ bei d_‹ei [i bW fW]WZehW j_jkbW" i[ [dYk[djhW jkWb" i_de gk[ feh cWdZWje ieY_Wb" de [i Z[ YWh|Yj[h Wikc_[dZe [ijW \kdY_ÂŒd Yece Z[ bW b[o i[ j_[d[ gk[ _dYh[# Y_l_bÇ" [nfh[iÂŒ @WhWc_bbe$ [dYWh]WZW" 9Whc[d Hec[he" [bbW c[djWh Z[ cWd[hW Wkjec|# 7]h[]ÂŒ gk[ bWi f[d# [ij| W YWh]e Z[ h[Wb_pWh bW fW]WZk# ĹŠ j_YW W jhWlƒi Z[ bWi fW]WZk# ĹŠ#7(23#-ĹŠ2.+.ĹŠ#-ĹŠ i_ed[i Wb_c[dj_Y_Wi gk[ h‡W Z[ bei Zei `kp]WZei" fh_c[he o #+ĹŠ)49% ".ĹŠ h‡Wi Z[ bei @kp]WZei Z[ bW ieXh[fWiWd bei (&& ZÂŒ# i[]kdZe i[ bW D_‹[p o 7Zeb[iY[d# #%4-".ĹŠ"#ĹŠ+ ĹŠ D_‹[p o 7Zeb[iY[dY_W$ bWh[i [ij|d \k[hW Z[ bW Y_W" feh be gk[ ÆbW YWh]W bWXehWb [i ( #9ĹŠ"#2"#ĹŠ ?dYbkie [b \kdY_edWh_e [n# , 19.ĹŠ"#ŊĉććĒē _dZ[nWY_ÂŒd Wkjec|j_YW" [nj[diW fWhW kdW iebW f[hiedWÇ$ fb_YÂŒ gk[ bW fW]WZkh‡W [i bW fehgk[ de j_[d[ h[bWY_ÂŒd :[ cec[dje bei jh|c_j[i i[ [dYWh]WZW Z[ dej_Ă’YWh W bWi Yed bW h[ckd[hWY_ÂŒd X|# [ijWh‡Wd h[Wb_pWdZe [d Gk_je fWhW fWhj[i ieXh[ [b dk[le _dYh[c[dje i_YW kd_Ă’YWZW" i_de Yed bei _d]h[# i[b[YY_edWh W bW f[hiedW _ZÂŒd[W fWhW gk[ bei fW]WZeh[i Z[ YkWb# iei Z[b eXb_]WZe Wb_c[djWdj[$ ;d gk[ i[fW Z[ Wikdjei YedjWXb[i o gk_[h [dj_ZWZ f‘Xb_YW e fh_lWZW 9ejefWn_ Z[ kd *+ W +& i[h‡Wd i[h [nf[hjW [d cWd[`ei YedjWXb[i$
ĉēĎććŊ
.234, 1#2ĹŠ04#ĹŠ-.ĹŠ2#ĹŠ,#).1 -
,#-3 +#,#-3#ĹŠ+ 2ĹŠ#204(- 2ĹŠ"#ĹŠ+ ĹŠ!(4" "ĔŊ ĹŠ"( 1(.ĔŊ2.-ĹŠ43(+(9 " 2ĹŠ!.,.ĹŠ Äą  .2ĹŠ/ĂŒ +(!.2ĔŊ/1.5.! -".ĹŠ.+.1#2ĹŠ- 42# 4-".2ĹŠ8ĹŠ!.-3 ,(- !(¢-Ä“ĹŠ .2ĹŠ#2$4#19.2ĹŠ !(4" " -.2ĹŠ"#ĹŠ,4!'.2ĹŠ2.-ĹŠ(,/1."4!3(5.2ĹŠ -3#ĹŠ+ ĹŠ, + ĹŠ#"4! !(¢-ĹŠ"#ĹŠ/.!.2Ä“
Ŋ Ŋ .-_!3 3#Ŋ8Ŋ1#2/¢-"#-.2Ŋ ĖŊ666ē+ '.1 ē!.,ľ"#-4-!( 2ē
Ä .-2("#1 ĹŠ04#ĹŠ8 ĹŠ#2ĹŠ'.1 ĹŠ"#ĹŠ 04#ĹŠ#+ĹŠ #1./4#13.ĹŠ$4-!(.-#ĹŠ +ĹŠ ÄˆÄ‡Ä‡Ĺ˜Ä&#x;
ĥ ~ĔŊ/.104#Ŋ#2 Ŋ. 1 Ŋ"#Ŋ(,/.1Ĺ 3 -!( Ŋ/ 1 Ŋ+ Ŋ/1.5(-!( ĔŊ2#Ŋ/4#"#Ŋ !.-5#13(1Ŋ#-Ŋ4-Ŋ#+#$ -3#Ŋ + -!.Ģē Ŋ ĊĎŊ  .2ĔŊ!.,#1!( -3#ē
Ä‘Ä?Ä“ÄŽĹ˜
ÄŠÄŽĹŠ .3.2
ÄĄ ~ĔŊ/.104#ĹŠ#+ĹŠ #1./4#13.ĹŠ/4#"#ĹŠ 2#1ĹŠ4-ĹŠ/.+.ĹŠ"#ĹŠ"#2 11.++.ĹŠ(,/.1Äą 3 -3#ĹŠ/ 1 ĹŠ+ ĹŠ/1.5(-!( Ģē ĹŠ ÄŒÄ‰ĹŠ  .2ĔŊ#-$#1,#1 Ä“
ÄˆÄ‰Ä“ÄŽĹ˜
ÄŽĹŠ .3.2
ĥ .ĔŊ2#Ŋ"# #1~ Ŋ" 1Ŋ/1(.1(" "Ŋ Ŋ .31 2Ŋ. 1 2Ŋ(,/.13 -3#2Ŋ/.104#Ŋ #-Ŋ#+Ŋ #1./4#13.Ŋ2¢+.Ŋ' 8Ŋ(-3#1#Ĺ 2#2/.+~3(!.2Ŋ"#Ŋ/.1Ŋ,#"(.Ģē Ŋ ĊĎŊ  .2ĔŊ(-%#-(#1.Ŋ 43.,.31(9
) (. -Ĺ‹- Ĺ‹#(. !, (Ĺ‹ Ĺ‹' # ;d Wb]kdWi [iYk[bWi Y[djhWb[i Z[ BWjWYkd]W jeZWl‡W de i[ ikf[hW bW \WbjW Z[ ZeY[dj[i [if[Y_Wb[i gk[ \k[hed Z[if[Z_Zei Wb _d_Y_e Z[ [ij[ W‹e$ @[ddo =WhYƒi" Z_h[YjehW Z[ bW [iYk[bW ?i_Zhe 7oehW" c[dY_edÂŒ gk[ ^WijW Wo[h jeZWl‡W h[iebl‡W [b _d]h[ie Z[ YkWjhe fhe\[ieh[i Z[ _d]bƒi" Z_Xk`e" cWdkWb_ZWZ[i o YecfkjWY_ÂŒd" WZ[c|i Z[ kdW cW[ijhW Z[ [ZkYWY_ÂŒd _d_Y_Wb" [d [ij[ ‘bj_ce YWie" [ijW h[ifediWX_# b_ZWZ bW Wikc[d [ijkZ_Wdj[i gk[ h[Wb_pWd bWi fWiWdj‡Wi feh [b bWfie Z[ kd W‹e b[Yj_le$ ;nfb_YÂŒ gk[ i[ ^W be]hWZe bb[# dWh Zei lWYWdj[i Z[ cW[ijhei W YedjhWje o Z[ ejhei YkWjhe gk[ ^Wd fWhj_Y_fWZe [d YedYkhie Z[ c[h[# Y_c_[djei fWhW bb[dWh bWi lWYWdj[i Z[ `kX_bWZei$ =WhYƒi c[dY_edÂŒ gk[ [n_i# j[ [b Yecfhec_ie Z[ bW Z_h[YjehW fhel_dY_Wb Z[ ;ZkYWY_ÂŒd" @kZ_j^ @_cƒd[p" Z[ h[iebl[h jeZei [ijei lWY‡ei" c_[djhWi jWdje bei fhe\[ie# h[i Z[ WkbW [ij|d jhWXW`WdZe Yed
Ä“ĹŠ #!#2(" "#2ĹŠ/#12(23#-ĹŠ#-ĹŠ+ 2ĹŠ#2!4#+ 2Ä“
cWj[h_Wi [if[Y_Wb[i ^WijW gk[ bWi cW[ijhWi i[Wd h[_dj[]hWZWi W iki bWXeh[i$ ;b Z_h[Yjeh Z[ bW [iYk[bW ;bl_# hW Ehj[]W" IWck[b BWl[hZ[" [n# fb_YÂŒ gk[ [d [ij[ fbWdj[b jeZWl‡W h[gk_[h[d Z[ kd fhe\[ieh fWhW [b WkbW Z[ Wfeoe" gk[ j[d]W kd f[hĂ’b Z[ Fi_Yef[ZW]e]e fWhW gk[ jhWXW# `[ [d bei Z_ij_djei fheXb[cWi Z[
Wfh[dZ_pW`[ Z[ bei ')&& [ijkZ_Wd# j[i" WZ[c|i Z[ Zei fhe\[ieh[i Z[ cWj[h_Wi [if[Y_Wb[i$ BWl[hZ[ cWd_\[ijŒ gk[ fWi[ W h[iebl[h bW c_jWZ Z[ bei fheXb[# cWi" bW _dij_jkY_Œd [ZkYWj_lW Z[ d_l[b fh_cWh_e ^W j[d_Ze gk[ ef# j_c_pWh [b h[Ykhie ^kcWde fWhW cWdj[d[h [b i_ij[cW [ZkYWj_le i[c_#Z[fWhjWc[djWb_pWZe$
' & -Ĺ‹-#(Ĺ‹ *& (. -Ĺ‹ Ĺ‹ ., . '# (.)Ĺ‹ (-(23#1(.ĹŠ "#+ĹŠ , (#-3#ĹŠ #7(%#ĹŠ04#ĹŠ+ 2ĹŠ !.-"(!(.-#2ĹŠ ! , (#-Ä“ ;b YWie Z[ bei YWcWb[i [d bW fhe# l_dY_W [ij| [d fheY[ie Z[ c[`ehW# c_[dje$ I[]‘d bW Z_h[YjehW fhel_d# Y_Wb Z[b C_d_ij[h_e Z[b 7cX_[dj[" 7dW 8[bƒd CWh‡d" jeZei Z[X[d j[d[h kdW fbWdjW Z[ jhWjWc_[dje o [ij[ j_fe Z[ WYY_ed[i WokZWh‡W [d fWhj[ W bW Z[iYedjWc_dWY_ÂŒd Z[b h‡e 9kjkY^_$ BW CWd| o FWd]kW ied bei YWdjed[i gk[ Z[X[d jecWh cWoeh Wj[dY_ÂŒd Wb c[`ehWc_[dje Z[ bei YWcWb[i$ BW \kdY_edWh_W Yedi_Z[# hW gk[ Wb i[h i[Yjeh YeijWd[he" bW fkjh[\WYY_ÂŒd i[ ][d[hW Yed cWoeh hWf_Z[p o [ije fheleYW bW fh[i[d# Y_W Z[ l_hki$ De eXijWdj[ CWh‡d Wi[]khÂŒ gk[ [d BW CWd| oW [n_ij[ kd YWcWb dk[le" [b gk[ [djhWh| [d \kdY_edWc_[dje [d feYe j_[cfe$
:_`e gk[ [d BWjWYkd]W i[ ^W fh[i[djWZe kd fbWd Z[ WYY_ÂŒd _dc[Z_Wje fWhW [b cWd[`e Z[ bWi Z[iYWh]Wi Z[ jeZWi bWi l‡iY[hWi" W jhWlƒi Z[ kdW [djh[]W Z_h[YjW fWhW [b fheY[ie Z[ YecfeijW`[$ ;d IWbY[Ze i[ ^W ^[Y^e kdW h[_dl[hi_ÂŒd fWhW c[`ehWh bWi YedZ_Y_ed[i Z[ bW fbWdjW Z[ jhWjW# c_[dje" o gk[ bei Z[c|i YWdjed[i [ij|d [d [ij[ fheY[ie _dYbk_Ze [b Z[ IWgk_i_b‡" [b YkWb j[YdebÂŒ]_YW# c[dj[ i[h‡W [b c[`eh Z[ jeZei [d bW fhel_dY_W" f[he bWi Z[iYWh]Wi lWd Z_h[YjWc[dj[ Wb WbYWdjWh_bbWZe o [b Z[fÂŒi_je Ă’ dWb lW Z_h[YjWc[dj[ W bWi bW]kdWi Z[ en_ZWY_ÂŒd$ CWh‡d Wi[]khÂŒ gk[ jƒYd_Yei Z[b C_d_ij[h_e Z[b 7cX_[dj[ h[Wb_pWd l_i_jWi f[hcWd[dj[i fWhW l[h_Ă’ YWh ik [ijWZe" f[he WZ[c|i WYkZ[d [d XWi[ W bWi Z[dkdY_Wi gk[ h[Y_X[d Z[ bW Yeckd_ZWZ" Wh]kc[djWdZe gk[ [n_ij[ fkjh[\WYY_ÂŒd o YedjW# c_dWY_ÂŒd" _dYbkie Wi[]khÂŒ gk[ i[ i_]k[d fheY[iei WZc_d_ijhWj_lei feh bW \WbjW Z[ iWd_ZWZ$ 7 [ijei ikcÂŒ gk[ bei jƒYd_Yei h[Wb_pWd YWfWY_jWY_ed[i f[hcW# d[dj[i W bei Wkjeh_ZWZ[i$
7 Ĺ? ĀăĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä‚
Ĺ? +. Ĺ?
Ĺ‹ 2#! Ĺ‹ * !)Ĺ‹ Ĺ‹ * . (. -Ĺ‹
Ä“ĹŠĹŠ +ĹŠ, -#).ĹŠ"#ĹŠ+ 2ĹŠ"#2! 1% 2ĹŠ"# #ĹŠ,#).1 1ĹŠ#-ĹŠ#23#ĹŠ Â .Ä“
Ĺ‹ ,)0#( # &Ĺ‹3 Ĺ‹()Ĺ‹ -/' Ĺ‹ & .#4 #š(Ĺ‹ 7 fWhj_h Z[ [ij[ W‹e [b =eX_[hde Fhel_dY_Wb Z[ 9ejefWn_ =7: oW de Wikc[ [b Fhe]hWcW Z[ 7b\WX[# j_pWY_ÂŒd ÆOe I‡ Fk[Ze feh bW L_ZWÇ" gk[ _d_Y_ÂŒ [b W‹e (&&+ ^WijW Z_# Y_[cXh[ Z[b (&''" feh i[h Yecf[# j[dY_W Z_h[YjW Z[b C_d_ij[h_e Z[ ;ZkYWY_ÂŒd o Z[ bei =eX_[hdei 7k# jÂŒdecei :[iY[djhWb_pWZei =7: YWdjedWb[i$ :khWdj[ bei i[_i W‹ei i[ ^W be# ]hWZe Wb\WX[j_pWh W '+ c_b ,+( f[h#
iedWi [d bei i_[j[ YWdjed[i" gk[ Yehh[ifedZ[d W kd fehY[djW`[ Z[b *$*. Z[ '-$)/ Z[ WdWb\WX[j_ice [n_ij[dj[ [d bW fhel_dY_W$ BWi f[hiedWi iWX[d b[[h o [iYh_# X_h" o [d ik cWoeh‡W ^Wd be]hWZe YWcX_Wh ik YƒZkbW Z[ Y_kZWZWd‡W$ HeiWh_e L_bbWl_Y[dY_e" Wi_ij[dj[ WZc_hWj_le o h[ifediWXb[ Z[b fhe# ]hWcW Z[ Wb\WX[j_pWY_Œd ^WijW [b (&'' Z[b =7: Fhel_dY_Wb" _d\ehcŒ gk[ Wb _d_Y_e Z[ [ij[ W‹e bW [dj_ZWZ
Ă’ `ÂŒ kdW fWhj_ZW fh[ikfk[ijWh_W Z[ '&, c_b +&& ZÂŒbWh[i fWhW ZWh Yed# j_dk_ZWZ Wb fhe]hWcW [ZkYWj_le" f[he Wb de ^WX[h kd ikij[dje b[]Wb gk[ ]WhWdj_Y[ [ijW _dl[hi_ÂŒd" ^W# Xh‡W Z[i_ij_Ze Z[ [ijW Z[Y_i_ÂŒd$ ;d bW WYjkWb_ZWZ [ij[ jhWXW`e [ij| XW`e bW h[ifediWX_b_ZWZ Z[ bW :_h[YY_ÂŒd Fhel_dY_Wb Z[ ;ZkYW# Y_ÂŒd" [dj_ZWZ gk[ [ij| Ykcfb_[dZe Yed [b fheY[ie Z[iZ[ [b fh[i[dj[ W‹e b[Yj_le$
ĹŠ ĹŠ ĹŠ ĹŠ
^ ĹŠ ĹŠ
.+(!~ Ä–ĹŠ Ä‰ĹŠÄ‘ÄˆÄ‰ÄąÄ?Ä‘ÄŠ ÄˆÄ‡ÄˆĹŠÄ¸++ , " ĹŠ%1 34(3 Äš ., #1.2Ä– Ä‰ĹŠÄ‘Ä‡Ä‡ÄąÄ‡Ä‘Ä‘ĹŠÄľĹŠÄ‰ĹŠÄ‘ÄˆÄŠÄąÄŽÄ‰Ä‡ .2/(3 +Ä– Ä‰ĹŠÄ‘Ä‡Ä‡ÄąÄŠÄŠÄˆĹŠÄľĹŠÄ‰ĹŠÄ‘Ä‡Ä‡ÄąÄŠÄŠÄ‰ ĹŠ ĹŠ }
+Ŋ"#,.-(.Ŋ#2Ŋ,;2Ŋ "( ¢+(!.Ŋ!4 -".Ŋ #2Ŋ1#2/#3 +#Ģē
ĹŠ
ă
('*+), +() ))## #(+& $% (& !%-"('(*
ĂŒ,#1.ĹŠ"#ĹŠ +$ #3(9 ".2 ($1 2ĹŠ/.1ĹŠ! -3.-#2
#3(9 ".2 Ĺ—ĹŠ ĹŠ -;Ä–ĹŠÄˆÄ“Ä?ÄŠÄŠĹŠ +$ #3(9 ".2 Ĺ—ĹŠ 3 !4-% Ä–ĹŠÄŒÄ“Ä‡Ä‡Ä’ĹŠ +$ #3(9 ".2ĹŠ Ĺ—ĹŠ -%4 Ä–ĹŠÄˆÄ“ÄŠÄˆÄŒĹŠ +$ #3(9 ".2 Ĺ—ĹŠ 4)(+~ĖŊĉēÄ?ÄŠÄŒĹŠ +$ #3(9 ".2 Ĺ—ĹŠ +!#".ĖŊĉēĊÄ?ÄŽĹŠ +$ #3(9 ".2ĹŠ Ĺ—ĹŠ 04(2(+~ĖŊĉēćĉćŊ +$ Ĺ—ĹŠ (%!'.2Ä–ĹŠĹŠÄˆÄ“Ä?Ä?Ä?ĹŠ +$ #3(9 ".2
;d Ykcfb_c_[dje W be Z_i# fk[ije [d [b 9ÂŒZ_]e Eh]|d_Ye Z[ EhZ[dWc_[dje J[hh_jeh_Wb" 7kjedec‡W o :[iY[djhWb_pW# Y_ÂŒd 9eejWZ o XWiWZei [d [b Whj‡Ykbe ++' Z[b c_ice YÂŒZ_]e" [b I[hl_Y_e Z[ H[djWi ?dj[h# dWi IH? " fh[l_e W ejeh]Wh [b H[]_ijhe ĂŚd_Ye Z[ 9edjh_Xk# o[dj[i HK9 " [n_]_h| W bei _d# j[h[iWZei eXj[d[h [b fW]e Z[b _cfk[ije Z[ fWj[dj[i ckd_Y_# fWb[i$ Bei Y_kZWZWdei fk[Z[d Ykcfb_h Yed [ij[ jh|c_j[ W jhW# lƒi Z[ bW I[Yh[jWh‡W Z[b IH?" Z[X[d fh[i[djWh bW Yef_W Y[h# j_Ă’ YWZW Z[b fW]e Z[ bW fWj[dj[ ckd_Y_fWb Yehh[ifedZ_[dj[ Wb W‹e (&''$ ;b _dYkcfb_c_[dje Z[ [ijW Z_ifei_Y_ÂŒd" Yedij_jko[ kdW _d\hWYY_ÂŒd jh_XkjWh_W gk[ i[h| eX`[je Z[ iWdY_ÂŒd Z[ Yed\ehc_# ZWZ Yed bW b[]_ibWY_ÂŒd l_][dj[" Wh]kc[djWhed bWi Wkjeh_ZWZ[i Z[ [ijW [dj_ZWZ" W bW l[p i[ ^_pe kd bbWcWZe W bWi f[hiedWi dW# jkhWb[i o ieY_[ZWZ fWhW gk[ i[ [l_j[d iWdY_ed[i$ I[ WYbWhÂŒ gk[ bei =eX_[hdei Ckd_Y_fWb[i de [n_][d [ij[ fW]e W bWi ieY_[ZWZ[i fh_lWZWi i_d Ă’ d[i Z[ bkYhe" W bei Whj[# iWdei YWb_Ă’ YWZei feh bW @kdjW DWY_edWb Z[ :[\[diW Z[b 7hj[# iWde" bWi f[hiedWi Yed Z_iYW# fWY_ZWZ o Z[ bW j[hY[hW [ZWZ" jeZei [bbei [ij|d [n[djei feh b[o Z[b fW]e Z[ bW fWj[dj[ ck# d_Y_fWb$ BWi Z[c|i f[hiedWi dWjk# hWb[i o ieY_[ZWZ[i gk[ h[gk_[# hWd ieb_Y_jWh [b H[]_ijhe ĂŚd_Ye Z[ 9edjh_Xko[dj[i" Z[X[h|d YedjWh Yed [b fW]e Z[ bW fWj[d# j[ ckd_Y_fWb [d bei fheY[iei Z[ ?diYh_fY_ÂŒd Z[b HK9$
§ Ä… 0%!),+ (! 01. Ä Ä†Ĺ?)%*Ä‹
7 Ĺ?ĀăĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä‚
Ĺ? +. Ĺ?
(ĹŠ04(#1#2ĹŠ+ ĹŠ / 9ĔŊ31 ) ĹŠ /.1ĹŠ+ ĹŠ )423(!( Ä“ĹŠ (ĹŠ04(#1#2ĹŠ + ĹŠ)423(!( ĔŊ "#ÄƒĹŠ#-"#ĹŠ+ ĹŠ5(" Ä“ĹŠ (ĹŠ04(#1#2ĹŠ+ ĹŠ5(" ĔŊ 1 9 ĹŠ+ ĹŠ5#1" "Ģē
.2Ŋ +(,#-Ĺ 3 -3#2Ŋ3(#-#Ŋ 04#Ŋ !34 1Ŋ !.-Ŋ!.-!(#-!( ĔŊ' Ĺ !#1Ŋ+.2Ŋ"#/¢2(3.2Ŋ 2(-Ŋ+ Ŋ-#!#2(" "Ŋ"#Ŋ 4- Ŋ/1#2(¢-ĢēŊ
ĹŠ
ĹŠ
ĹŠ ĹŠ ĹŠ ĹŠ Â&#x; ĹŠ ĹŠ Ä“
ĹŠ ĹŠ
31(!4+ !(¢-Ŋ
I? X_[d [i Y_[hje gk[ bW B[o Z[ ;ZkYWY_Œd [d [b B_j[hWb = Z[b 7hj_Ykbe '' [dkdY_W Yece Z[X[h Z[b ;ijWZe ]WhWdj_pWh bW ]hWjk_ZWZ Z[ bW [ZkYWY_Œd ikf[h_eh f‘Xb_YW ^WijW [b j[hY[h d_l[b" jWcX_ƒd \WYkbjW W bWi _di# j_jkY_ed[i [ZkYWj_lWi W ][d[hWh h[Ykhiei feh Wkje][ij_Œd feh Ykhiei" i[c_dWh_ei" [njhWYkhh_# YkbWh[i" fhe]hWcWi Z[ fei]hWZe" Yedikbjeh‡Wi" fh[ijWY_Œd Z[ i[hl_Y_ei o i_c_bWh[i$ ;i [d bei [ijkZ_Wdj[i kdW YeijkcXh[ WY[fjWh bWi Z_ifei_Y_ed[i Wkjeh_# jWh_Wi gk[ Y_[hjWi [iYk[bWi jhWjWd Z[ _cfed[hdei$ I[ ebl_ZW be gk[ bW B[o o bW 9edij_jkY_Œd ]WhWdj_# pWd o gk[ZWcei [nfk[ijei W bWi \Wb[dY_Wi eh]Wd_pWY_edWb[i Z[ bW Kd_l[hi_ZWZ JƒYd_YW Z[ 7cXW# je$ ;d bW cWjh_YkbWY_Œd [d [b :[# fWhjWc[dje Z[ ?Z_ecWi eXb_]Wd Wb [ijkZ_Wdj[ W cWjh_YkbWhi[ Z[ cWd[hW [nj[cfeh|d[W YWkiWd# Ze kd ]hWl[ ZW‹e [YedŒc_Ye Wb [ijkZ_Wdj[$ ;ij[ h[jhWie \ehpeie [i eXb_]Wjeh_Wc[dj[ iWdY_edWZe W jhWlƒi Z[b fW]e Z[ WhWdY[b[i Yece YWh]e feh bW Z[cehW$ ;ijWcei [d jejWb Z[iYedj[dje feh bW \WbjW Z[ eh]Wd_pWY_Œd Z[ bW cWjh_YkbWY_Œd$ I[ ^W ebl_ZWZe [b h[if[je gk[ Z[X[cei j[d[h$ Bei [ijkZ_Wdj[i gk[ YkhiWXWd bei d_# l[b[i Z[ _Z_ecWi" Yece h[gk_i_je fWhW []h[iWh" j_[d[d gk[ lebl[h W _diYh_X_hi[$ I[ dei ejeh]W kd Z‡W" eXb_]|dZedei ^WY[h YebWi" lebl_[dZe kd Z‡W jhWi ejhe$
™ ŋ ŋ
;b Yehed[b 9ƒiWh 9Whh_ÂŒd" [nZ_h[Yjeh Z[b >eif_jWb Z[ bW Feb_Y‡W" [djh[]ÂŒ ik WhcW Z[ ZejWY_ÂŒd o Yed [ij[ WYje b[ eXb_]Whed W Y[hhWh kdW YWhh[hW Z[ )& W‹ei [d bWi \_bWi feb_Y_Wb[i [d bWi gk[ eXi[hlÂŒ kdW YedZkYjW _djWY^WXb[ Z[iZ[ jeZe fkdje Z[ l_ijW$ :[ de i[h Wi‡" [b Yehh[‡ice dei be ^kX_[hW h[YehZWZe WXki_lWc[dj[ [d iki YWZ[dWi dWY_e# dWb[i o iWXWj_dWi ieXh[ bei ikY[iei Z[b )& Z[ i[fj_[cXh[ Z[ (&'&$ 7 f[iWh Z[ gk[ \k[hW Z[YbWhWZe _deY[d# j[ feh bW `kij_Y_W [YkWjeh_WdW" [b 9edi[`e Z[ =[d[hWb[i Z[ bW Feb_Y‡W be i[fWhÂŒ Z[\_d_j_lW# c[dj[ Z[ iki \_bWi" i[ Z_Y[ gk[ feh _dZ_iY_fb_# dW$ 9Whh_ÂŒd ik\h_ÂŒ" WZ[c|i Z[ kd l[hZWZ[he Æ\ki_bWc_[dje c[Z_|j_YeÇ W cWdei Z[b WfWhWje fhefW]WdZ‡ij_Ye Z[b Hƒ]_c[d" i_[j[ c[i[i Z[ Y|hY[b [d bWi f[eh[i YedZ_Y_ed[i" Wi‡ Yece l[`|c[d[i Z[ jeZe j_fe$
ÆFeh Z[Y_h bW l[hZWZ cWdY_bbWhed c_ ^edehÇ" Z[Y‡W kd Yeckd_YWZe gk[ fehjWXW [b 9ehed[b$ ÂľGk_ƒd h[fWhWh| [b ZW‹e ^[Y^e W [ij[ e\_Y_Wb Z_]de o W ik \Wc_b_W5 ÂľIk [ifeiW [ ^_`ei WYWie de c[h[Y[d bWi Yedi_Z[hWY_ed[i ZWZWi ][d[he# iWc[dj[ W ejhei5 BW 9edij_jkY_ÂŒd [ijWXb[Y[ bW _]kWbZWZ Z[ Z[h[Y^ei Z[ jeZei bei [YkWjeh_Wdei" Wkdgk[ i[]‘d h[l[bWd bei ^[Y^ei h[Y_[dj[i ^Wo gk_[d [ij| feh [dY_cW Z[ [ij[ fh_dY_f_e$ ÆGk_[he ebl_ZWh be gk[ c[ ^W jeYWZe l_l_h o Z[i[e Yed jeZe c_ YehWpÂŒd gk[ de b[ ikY[ZW W d_d]‘d [YkWjeh_WdeÇ" Z_`e 9Whh_ÂŒd o gk[ i[ i[dj‡W Æeh]kbbeie Z[ i[h [YkWjeh_Wde" Z[ ^WX[h bb[lWZe c_ kd_\ehc[ Wb i[hl_Y_e Z[ bW Yeckd_# ZWZ o Z[ ^WX[h Z[\[dZ_Ze bW l[hZWZ" i_[cfh[ h[if[jkeie Z[ bW 9edij_jkY_ÂŒdÇ$ JWcX_ƒd _dijÂŒ W bei [YkWjeh_Wdei ÆW bW h[YedY_b_WY_ÂŒd feh [dY_cW Z[b |d_ce Z[ l[d]WdpW o bW Z[ikd_ÂŒdÇ$
1+.-ĹŠ 2 -3#2 Ä–ĹŠÄˆÄ‘Ä‡Ä‰Ä?ćĉÄ?Ä?ĉ
Ä +%ĂŒ-ĹŠ!.-.!(".Ä&#x;
;ij_be W]h[i_le i[ YWhWYj[h_pW \kdZWc[djWbc[dj[ feh bW \WbjW Z[ h[if[je ^WY_W bei i[dj_c_[d# jei Z[ bei Z[c|i$ KdW f[hiedW Yed [ij_be W]h[i_le WYj‘W Yed [n_][dY_Wi1 WYkiW" Wc[dWpW [ _dj_c_ZW W bWi f[hiedWi1 _dj[hhkcf[ Yed \h[Yk[dY_W de f[hc_j_[dZe gk[ bei Z[c|i fk[ZWd [nfh[iWh ik ef_d_ÂŒd1 j_[dZ[ Wb WjWgk[ f[hiedWb1 jecW Z[Y_i_ed[i [d decXh[ Z[ ejhei i_d Yedi[dj_c_[dje fh[l_e o i_[dZe YediY_[dj[ Z[ [bbe1 Wfh[# c_W o Yedi_Z[hW gk[ bW ‘d_YW ef_d_ÂŒd WY[hjWZW [i bW fhef_W$ (! 13#ĹŠ /( ĹŠ (3¢1(*8Ä’Ä‘Ä?Äž'.3, (+Ä“!., ĹŠ ĹŠ ĹŠ Ä– ! 13 2 +"(1#!3.1Äž+ '.1 Ä“!.,Ä“#! 2(++ ĹŠÄˆÄ?ĈÄ?Ä‰ÄŒÄŠĹŠ ĹŠ.ĹŠ!4 +04(#1 ĹŠ "#ĹŠ-4#231 2ĹŠ %#-!( 2Ä“ #04(2(3.2Ä–ĹŠ ., 1#2ĹŠ8ĹŠ /#++(".2ĹŠ!.,/+#3.2Ä—ĹŠ-ĂŒ,#Äą 1.ĹŠ"#ĹŠ _"4+ Ä—ĹŠ3#+_$.-.ĹŠÄ¸ÄƒĹŠ).ĚėŊ"(1#!!(¢-ĹŠ".,(!(+( 1( ĹŠ .ĹŠ"#ĹŠ31 ).ĹŠ8ĹŠ!.11#.ĹŠ#+#!31¢-(!.Ä“
ĹŠ ĹŠ
),)Ĺ‹-) , Ĺ‹Ĺ‹ (/ 0 Ĺ‹& 3 BW I[Yh[jWh‡W Z[ Fk[Xbei eh]Wd_pÂŒ [b <ehe ieXh[ bW Æb[o Z[ 9eckd_# YWY_ÂŒdÇ Wb gk[ \k_ _dl_jWZe Yece Y_kZWZWde$ ;b WYje i[ h[Wb_pÂŒ [d [b iWbÂŒd Z[ bW Y_kZWZ$ <k[ cko ]hW# je Z[fWhj_h Yed [b [n]eX[hdWZeh Z[ 9ejefWn_" HWc_he L[bW" gk_[d ^W [ijWZe Z[i[cf[‹WdZe bWi \kd# Y_ed[i Z[ :_h[Yjeh H[]_edWb Z[ bW I[Yh[jWh‡W Z[ Fk[Xbei" B_Y$ ;ZkWh# Ze =k[hh[he" :_h[Yjeh Z[ HWZ_e ÆBWjWYkd]W" gk_[d WYjkÂŒ Yece CeZ[hWZeh" B_Y$ I_bl_W 7hYei [d h[fh[i[djWY_ÂŒd Z[b 9eb[]_e Z[ F[#
h_eZ_ijWi Z[ 9ejefWn_ o B_Y$ @[ddo L_[hW" \kdY_edWh_W Z[b Ckd_Y_f_e Z[ BWjWYkd]W" l_dYkbWZW Yed bei c[Z_ei Z[ Yeckd_YWY_ÂŒd Z[ bW Y_kZWZ Z[iZ[ j_[cfe Wjh|i$ ;d d_d]kde Z[ bei Whj‡Ykbei gk[ ^[ fkXb_YWZe [d [ij[ fh[ij_]_eie Z_Wh_e c[ ^[ h[\[h_Ze W WYjkWY_e# d[i c‡Wi" de be Yedi_Z[he WZ[YkWZe ^WX_[dZe ckY^e Z[ gk[ Yec[djWh o ef_dWh ^WijW YkWdZe bW Y[dikhW" _dij_jkY_edWb_pWZW e de" f‘Xb_YW e fh_lWZW" i[ _dj[hfed]W [djh[ c_ b_X[hjWZ o iki _dj[h[i[i$ ;d [ijW eYWi_ÂŒd be ^W]e Wdj[ bW d[Y[i_ZWZ Z[ WYbWhWh [b Æh[fehjW# `[Ç Z[ kd c[Z_e Z[ Yeckd_YWY_ÂŒd Z_]_jWb gk[ ^WY[ `k_Y_e Z[ lWbeh o Yh_j_YW Wb[]h[c[dj[ bWi WYjkWY_e# d[i Z[ gk_[d[i fWhj_Y_fWcei [d [b <ehe o j[hc_dW _Z[dj_\_Y|dZedei" [d \ehcW ][d[hWb" Yece ]eX_[h# d_ijWi" gk[ [ijWcei Z[ WYk[hZe Yed [b fheo[Yje e\_Y_Wb Z[ B[o Z[ 9eckd_YWY_ÂŒd" _dj[djWdZe Z[\_#
d_Y_ed[i YedY[fjkWb[i$ 7dj[ [ijW i_jkWY_ÂŒd" feh [b c_ice c[Z_e Z_]_# jWb" [d [b [ifWY_e Z[ Yec[djWh_ei" Z_h_]‡ c_i WYbWhWY_ed[i h[if[jke# iWi" W bWi gk[ de i[ Z_e YWX_ZW" bWi XW`Whed e XehhWhed Z[b Yehh[e [b[Y# jhÂŒd_Ye" i_d gk[ iƒ fk[ZW YedeY[h bWi fkdjkWb_pWY_ed[i gk[ h[Wb_Yƒ Wb f[h_ÂŒZ_Ye$ EjhW cWd_\[ijWY_ÂŒd [l_Z[dj[ Z[ bW Y[dikhW c[Z_|j_YW Z[b C[Z_e e Z[ gk_[d be YedjhebW" gk[ de WZc_j[ Yh‡j_YWi d_ eXi[hlWY_ed[i W ik Wj[d# jWjeh_e fheY[Z[h$ C[ hWj_\_Ye [d bW d[Y[i_ZWZ Z[ kdW B[o Z[ 9eckd_YWY_ÂŒd [d bW gk[ [b ;ijWZe i[W Æh[]kbWZehÇ" Yed h[]bWi Z[ `k[]e YbWhWi o jhWdifW# h[dj[i" i_d Z_h[YY_edWb_ZWZ[i d_ l[djW`Wi" Gk[ h[if[j[ bW b_X[hjWZ" bW Z[ceYhWY_W" bei Z[h[Y^ei ^kcW# dei kd_l[hiWb[i" bW `kij_Y_W ieY_Wb o gk[" XW`e d_d]‘d YedY[fje" YWbb[ e i_b[dY_[ W dWZ_[$ 8 41,.1#Äž'.3, (+Ä“!.,
ĹŠ ĹŠ
Ä’ )-Ĺ‹!,#.)-Ĺ‹ Ĺ‹-#& ( #)Ä“ BW f[b‡YkbW ĂˆBei ]h_jei Z[b i_b[dY_eÉ e ĂˆJ^[ A_bb_d] <_[bZiÉ [d _d]bƒi " \k[ Z_h_]_ZW feh HebWdZ @eĂľ ƒ" [d '/.*$ ;ij| XWiWZW [d bWi [nf[h_[d# Y_Wi Z[ jh[i f[h_eZ_ijWi ZkhWdj[ [b hƒ]_c[d Z[ bei @[c[h[i He`ei Z[ 9WcXeoW$ =WdÂŒ jh[i âiYWhi o [ij| fhejW]ed_pWZW feh IWc MWj[hi# jed" >W_d] I$ D]eh o @e^d CWbae# l_Y^$
:khWdj[ bei YkWjhe W‹ei gk[ ZkhÂŒ [b hƒ]_c[d #Z[iZ[ '/-+ ^Wi# jW '/-/#" bW feb‡j_YW Z[i[cXeYÂŒ [d be gk[ i[ YedeY[ Yece [b Ăˆ][# deY_Z_e YWcXeoWdeÉ$ ;d [ij[ f[# h‡eZe" Y[hYW Z[ Zei c_bbed[i Z[ f[hiedWi ckh_[hed W YWkiW Z[b [nj[hc_d_e$ Feb Fej be bbWcÂŒ Æ[b [d[c_]e eYkbjeÇ" [i Z[Y_h" jeZe Wgk[bbe gk[ Yedi_Z[hÂŒ YedjhWh_e W ik fbWd Z[ Yedijhk_h ÆkdW dk[# lW 9WcXeoW Yeckd_ijWÇ$ Bei ^[Y^ei i[ h[bWjWd [d [b h[fehjW`[ ĂˆJ^[ :[Wj^ WdZ B_\[ e\ :_j^ FhWd0 7 Ijeho e\ 9WcXeoWÉ" fkXb_YWZe [d [b D[m Oeha J_c[i CW]Wp_d[ [b (& Z[ [d[he Z[ '/.&$ ;b Whj‡Ykbe be [iYh_X_ÂŒ [b Yehh[i# fediWb IoZd[o ĂˆIoZÉ IY^WdX[h]" gk[ [d 9WcXeoW YedeY_ÂŒ Wb h[# fehj[he beYWb :_j^ FhWd" Yed [b gk[ [ijWXb[Y_ÂŒ kdW h[bWY_ÂŒd [d fh_dY_f_e fhe\[i_edWb o gk[ Yed bei W‹ei i[ jehdW [d Wc_ijWZ$ ;d '/-+" Wb YW[h [b ]eX_[hde YWcXeoWde [d bWi cWdei Z[ bei @[c[h[i He`ei" bei ;ijWZei Kd_Zei i[ h[j_hWd Z[ 9WcXeoW o jeZW bW \Wc_b_W Z[ FhWd [c_# ]hW W Dehj[Wcƒh_YW$ xb Z[Y_Z[ gk[ZWhi[ Yed [b f[h_eZ_ijW fWhW i[]k_h WokZ|dZeb[$ 7cXei l_# l[d h[\k]_WZei [d bW ;cXW`WZW \hWdY[iW" f[he YkWdZe Z[Y_Z[d WXWdZedWh 9WcXeoW" [b [`ƒhY_je h[lebkY_edWh_e fhe^‡X[ iWb_h Z[b fW‡i W FhWd" gk_[d [i h[Ybk_Ze [d kd YWcfe Z[ YedY[djhWY_ÂŒd$ ;b Ă’ d Z[b hƒ]_c[d Z[ bei @[# c[h[i He`ei" [d '/-/" \k[ Yed# i[Yk[dY_W Z[ bW _dlWi_ÂŒd Z[ L_[jdWc$ ;d '//'" bWi fWhj[i [d bkY^W" bW EDK o ejhei fW‡i[i bb[# ]Whed W kd WYk[hZe fWhW WYWXWh Yed [b YedĂ“ _Yje$ BW Y_djW i_hl[ fWhW h[YehZWh kdW ]k[hhW gk[ Z[`ÂŒ Zei c_bbed[i Z[ l‡Yj_cWi o [b fWf[b gk[ Ykcfb_ÂŒ bW fh[diW ckdZ_Wb [d ik Z_\ki_ÂŒd$$$ 1.04#Äž+ '.1 Ä“!.,Ä“#!
1#2("#-3#ĹŠ !(.- + ĹŠ ĹŠ } "(3.1 ĹŠ #-#1 +
ĹŠ ÂĄ ĹŠ "(3.1 ĹŠ #%(.- + ÂĄ ĹŠ ĹŠ Ä“ "(#/.! ĹŠ Ä“ Ä“ (1#!!(¢-Ä–ĹŠ #-#1 +ĹŠ +".- ".ĹŠ8ĹŠ ;-!'#9ĹŠ"#ĹŠ 1#++ - #+_$.-.2Ä–ĹŠÄ‰ĹŠÄ‘Ä‡ÄˆÄ‡Ä‡ÄŽ 4 +(!(" "Ä–ĹŠÄ‰ĹŠÄ‘ÄˆÄˆÄ‡Ä‡Ä’ #+#$ 7Ä–ĹŠĹŠÄ‰ĹŠÄ‘ÄˆÄ‡Ä?ĈĒ , (+Ä–ĹŠ!.3./ 7(Äž+ '.1 Ä“!.,Ä“#! + '.1 Äž -"(- -#3Ä“-#3  .Ä–ĹŠ ĹŠ .Ä“ĹŠÄˆÄŽÄ’Ä?
666ē+ '.1 ē!.,ē#! 23 Ŋ2#!!(¢-Ŋ1#/1#2#-3 Ŋ#+Ŋ/#-2 ,(#-3.Ŋ"#Ŋ+.2Ŋ#"(3.1#2ēŊ .2Ŋ#2!1(3.2Ŋ "#Ŋ+.2Ŋ!.+ .1 ".1#2Ŋ2.+.Ŋ!.,/1.,#3#-Ŋ Ŋ242Ŋ 43.1#2Ŋ8Ŋ-.Ŋ1#ĄŊ#) -Ŋ -#!#2 1( ,#-3#Ŋ#+Ŋ/#-2 ,(#-3.Ŋ"#+Ŋ/#1(¢"(!.ē
& +/# " ŋ, -*)( #šŋ ŋ & , #)( -ŋ ŋ ),, ŋ }Ŋě BWi Z[YbWhWY_ed[i Z[b fh[#
i_Z[dj[ HW\W[b 9ehh[W [d YkWdje W bei b‡Z[h[i _dZ‡][dWi" oW jkXe h[# fb_YW fk[i" HW‘b ?bWgk_gk[" Z_e W YedeY[h ik feijkhW l‡W Xeb[j‡d Z[ fh[diW" h[Y_X_Ze Wo[h$ ;d [b Yeckd_YWZe ?bWgk_Y^[ ieij_[d[ gk[" Æfeh c|i Fh[i_Z[d# j[ Z[b ;YkWZeh gk[ i[W" de j_[d[ [b Z[h[Y^e Z[ Z[d_]hWh" Z[ WjWYWh" Z[ _dikbjWh W bei _dZ‡][dWi Z[b ;YkW# Zeh" d_ W c_ [ifeiW o W dk[ijhWi Wkjeh_ZWZ[i Z[ 9ejefWn_Ç" fk[i i[]‘d Wh]kc[djW [d [b Xeb[j‡d Z[ fh[diW" i[ bei bbWcÂŒ W Z[iYedeY[h W bei Z_h_][dj[i o Wkjeh_ZWZ[i _d# Z‡][dWi$ #1#!'.2ĹŠ(-"~%#- 2 :[b c_ice ceZe _dZ_YW gk[ [bbe [i kdW YbWhW ck[ijhW Z[b Z[iYedeY_# c_[dje Z[ bei Z[h[Y^ei _dZ‡][dWi" bei c_icei gk[ _cf[hWj_lWc[dj[ [ij|d i[‹WbWZei [d bW 9edij_jkY_ÂŒd Z[ bW H[f‘Xb_YW" [b 9edl[d_e ',/
7 Ĺ?Ĺ? ĀăĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä‚
Ĺ? +. Ĺ?
Z[ bW E?J" Z[ bW :[YbWhWY_ÂŒd Z[ bWi DWY_ed[i Kd_ZWi" bW B[o Eh]|d_YW Z[ bW <kdY_ÂŒd @kZ_Y_Wb o lWh_Wi i[d# j[dY_Wi Z[ bW 9ehj[ ?dj[hWc[h_YWdW Z[ bei :[h[Y^ei >kcWdei$
Ć
#, ĹŠ!;1!#+ĹŠ ;b b‡Z[h _dZ‡][dW _di_ij_ÂŒ [d [b j[cW Y|hY[b0 Æbei fk[Xbei _dZ‡][dWi de gk[h[cei bW Y|hY[b" i_de YWdWb[i Z[ h_[]e" l_Wb_ZWZ" [iYk[bWi Z[ c_b[de" Y[djhei Z[ iWbkZ" fheo[Yjei Z[ Z[# iWhhebbe" jkh_ice" de YedY[i_ed[i c_d[hWi i_d YedikbjWh" de Yh_c_# dWb_pWY_ÂŒd Z[ bWi bkY^Wi ieY_Wb[i" de Y|hY[b W dk[ijhei YecfW‹[hei Z_h_][dj[iÇ$ ;b Xeb[j‡d Ă’dWb_pW Z_Y_[dZe j[n# jkWbc[dj[" Æh[Y^Wpe [ij[ WjWgk[" _dikbje" hWY_ice" n[de\eX_W o eZ_e Yed gk[ [b Fh[i_Z[dj[ Z[ bW H[f‘# Xb_YW i[ ^W h[\[h_Ze W bei _dZ‡][dWi Z[ 9ejefWn_ o Z[\[dZ[h[cei Yed Z_]d_ZWZ dk[ijhei Z[h[Y^ei Yece fk[XbeiÇ$
: Ä“ĹŠ 41 -3#ĹŠÄ?ćŊ,(-43.2ĹŠ#+ĹŠ 1#2("#-3#ĹŠ1#2/.-"(¢Ŋ+ 2ĹŠ(-04(#34"#2ĹŠ/+ -3# " 2Ä“ĹŠĹŠ
Ē ' $#(! ŋ3ŋ # 6(ŋ" (ŋ -.,/# )ŋ ).)* 2#ē ēŊ .1 2Ŋ,;2Ŋ3 1"#Ŋ"#Ŋ+ 2Ŋ"#!+ 1 !(.-#2Ŋ"#+Ŋ 1(,#1Ŋ -" Ĺ 3 1(.ĔŊ#+Ŋ"(1(%#-3#Ŋ(-"~%#- Ŋ"(.Ŋ Ŋ!.-.!#1Ŋ24Ŋ/.2341 ēŊ
(23.ĹŠ#+ĹŠ+4% 1ĹŠ/ 1 ĹŠ#-+ !#
1 ŊŊ'.8Ŋ#23;Ŋ/1#5(23 Ŋ4- Ŋ1#4-(¢-Ŋ"#+Ŋ 1(,#1Ŋ -" 3 1(.ĔŊ"#2"#Ŋ+ 2Ŋ đĖĊćĔŊ!.-Ŋ+.2Ŋ +! +"#2ĔŊ/1#$#!3.Ŋ8Ŋ/1#2("#-3#2Ŋ"#Ŋ+ 2Ŋ 4-3 2Ŋ 11.04( +#2Ŋ "#Ŋ .3./ 7(ē
ĹŠ!4 (#13 ĹŠ!#11 " ĹŠ"#+ĹŠ #1! ".ĹŠ 4%423.ĹŠ #, ĔŊ2#1;ĹŠ#+ĹŠ#2!#- 1(.ĹŠ#-ĹŠ ".-"#ĹŠ ĹŠ+ 2ĹŠÄˆÄ‡Ä–Ä‡Ä‡ĹŠ#+ĹŠ/1#2("#-3#ĹŠ $ #+ĹŠ .11# ĹŠ" 1;ĹŠ24ĹŠ(-$.1,#ĹŠ2#, Äą - +ĔŊ#+ĹŠ+4% 1ĹŠ/#1, -#!#ĹŠ1#2%4 1" ".ĹŠ"#2"#ĹŠ 8#1Ä“ĹŠ 1 +#+ ,#-3#ĹŠ ĹŠ+ ĹŠ 2 3(- ĔŊ2#ĹŠ1# +(9 1;ĹŠ+ ĹŠ #1( ĹŠ (4" " - ĔŊŊ#-ĹŠ+ ĹŠ#2!4#+ ĹŠ #"1.ĹŠ (!#-3#ĹŠ +".- ".Ä“
1(,#1ĹŠ -" 3 1(.ĹŠ++ ,¢Ŋ ĹŠ+ ĹŠ 1#Ä„#7(¢-ĹŠ ĹŠ+.2ĹŠ/4# +.2ĹŠ(-"~%#- 2ĹŠ "#ĹŠĹŠ+ ĹŠ/1.5(-!( Ä“ }ŊěŊ Æ;if[h[cei kd W‹e W l[h i_ dei ]WdWd bWi [b[YY_ed[i feh i[h kd cWb =eX_[hde1 de i[ Z[`[d cWd_fkbWh fWhW bW h[b[YY_ÂŒd Z[ BekhZ[i J_X|d WiWcXb[‡ijW " Z[ 9ƒiWh KcW`_d]W fh[\[Yje " Z[ bW ][dj[ gk[ ^W Z[ijhk_Ze W 9eje# fWn_1 $$$ " lWoWd W l[h be gk[ ^W ^[Y^e [b CF: Yed bW Kd_l[hi_ZWZ JƒYd_YW Z[ 9ejefWn_ KJ9 Ç$ ;i fWhj[ Z[ bW Z[YbWhWY_ÂŒd l[h# j_ZW feh [b fh[i_Z[dj[ Z[ bW H[f‘# Xb_YW" HW\W[b 9ehh[W :[b]WZe" [d [b Z_|be]e cWdj[d_Ze Wo[h Yed lW# h_ei c[Z_ei Z[ Yeckd_YWY_ÂŒd be# YWb" [d ik l_i_jW Wb YWdjÂŒd Fk`_b‡$ 9ehh[W bbWcÂŒ Wi‡ bW Wj[dY_ÂŒd W iki ÆYecfW‹[hei _dZ‡][dWiÇ Z[ 9ejefWn_" Ægk[ [ij|d i_[dZe cWd_fkbWZei feh cWbei Z_h_][d# j[iÇ" gk[ [ijWh‡Wd fh[fWhWdZe iki fhÂŒn_cWi YWdZ_ZWjkhWi" ÆoW gk[ de j_[d[d ejhW \ehcW" de i[ _cW]_dWd ejhW Wbj[hdWj_lW Z[ fe# i_Y_edWhi[ feb‡j_YWc[dj[ e fhe# ceY_edWhi[ [b[YjehWbc[dj[" gk[ ^WY_[dZe [ijWi cWd_\[ijWY_ed[iÇ" Z_`e [b CWdZWjWh_e$
. 1#ĹŠ#+ĹŠ #1./4#13. ;d ik Z_|be]e Yed bW fh[diW be# YWb" [b Fh[i_Z[dj[ Wi[]khÂŒ gk[ [b Z[iWhhebbe fheZkYj_le Z[ bWi fhe# l_dY_Wi" [i h[ifediWX_b_ZWZ Z[ bei ]eX_[hdei fhel_dY_Wb[i" o gk[ feh
jWdje [b Z[iWhhebbe Z[b 7[hefk[h# je Z[ 9ejefWn_ [i h[ifediWX_b_ZWZ beYWb o de dWY_edWb$ ÆDeiejhei oW ^_Y_cei kdW _d# l[hi_ÂŒd _dc[diW [d [b 7[hefk[h# je" W^ehW i_ gk[ i[ ck[lW Yedi_# ]k_[dZe bWi \h[Yk[dY_Wi" e\h[pYW fbWd[i jkh‡ij_Yei" Yec[hY_Wb[i" [ie b[ Yehh[ifedZ[ W bW Fh[\[Yjk# hW" f[he [b i[‹eh 9ƒiWh KcW`_d# ]W d_ [dj_[dZ[ Z[ be gk[ b[ [ijeo Z_Y_[dZeÇ" c[dY_edÂŒ 9ehh[W$ ;b Fh[i_Z[dj[ Z[ bW H[f‘Xb_YW bbWcÂŒ WZ[c|i Wb fk[Xbe Yeje# fWn[di[ ÆW [ijWh l_]_bWdj[i Z[ gk[ i[ YkcfbWd Yed bei Yhede]hWcWi [d bWi eXhWi " gk[ i[ ^W]Wd bWi YeiWi [njhWehZ_dWh_Wc[dj[ X_[d" o [njhWehZ_dWh_Wc[dj[ h|f_ZeÇ$ Æ;b Z[iWhhebbe fheZkYj_le b[ Yehh[ifedZ[ Wb 9edi[`e Fhel_d# Y_Wb" f[he be [ijWcei ^WY_[dZe deiejhei =eX_[hde fehgk[ ki# j[Z[i iWX[d gk[ [b =eX_[hde Fhe# l_dY_Wb Z[ 9ejefWn_ [i jejWbc[d# j[ _d‘j_bÇ$ +4" ;b Fh[i_Z[dj[ _d\ehcÂŒ gk[ i[ Z[i# j_dWh| \edZei fWhW h[[ijhkYjkhWh [b >eif_jWb Z[ BWjWYkd]W" feh be gk[ bei [ijkZ_ei [ij|d h[Wb_pWZei" [ij| fhe]hWcWZW o fh[ikfk[i# jWZW bW h[fedj[Y_Wb_pWY_ÂŒd Z[ bW YWiW Z[ iWbkZ" ÆW^ehW c[ l_[d[d
Yed gk[ [b >eif_jWb Z[ BWjWYkd]W j_[d[ +& W‹ei" [djedY[i ^Wo gk[ Z[hhkcXWhbe o ^WY[h ejhe Wb \h[d# j[$ 7XikhZe" ^Wo gk[ efj_c_pWh bei h[YkhieiÇ" Z_`e$ BW c_d_ijhW Z[ IWbkZ [ " 9Wh_# dW 8WdY[" [d YkWdje Wb j[cW Z_e W YedeY[h gk[ i[ Yedijhk_h| kd ^eif_jWb X|i_Ye [d I_]Y^ei" h[Wb_# pWh|d _dj[hl[dY_ÂŒd _dj[]hWb [d (/ 9[djhei o IkX 9[djhei Z[ bW fhe# l_dY_W feh '& c_bbed[i Z[ ZÂŒbWh[i o Wb cec[dje h[Wb_pWd [b [ijkZ_e fWhW bW ZejWY_ÂŒd Z[ WcXkbWdY_Wi$ ;1!#+ ;b Fh_c[h CWdZWjWh_e WYbWhÂŒ gk[ [b j[cW Z[ bW Y|hY[b de lW" f[he [d FeWbÂŒ" feh be gk[ ^Wo YWhjW WX_[h# jW [d [b h[ije Z[ YWdjed[i$ 7Z[c|i i[ jhWjÂŒ [b j[cW Z[ [ZkYWY_ÂŒd" bei fheXb[cWi [n_i# j[dj[i feh fWhj_ZWi o YeXhei [d [iYk[bWi$ 9ehh[W bWc[djÂŒ gk[ ]hkfei feb‡j_Yei i[ ^WoWd WfeZ[# hWZe Z[ [dj_ZWZ[i WYWZƒc_YWi [d bW fhel_dY_W Yece [i [b YWie Z[ bW Kd_l[hi_ZWZ JƒYd_YW Z[ 9ejefWn_ KJ9 $ BW Wki[dY_W Z[ lWh_ei Z_h[Yje# h[i fhel_dY_Wb[i gk[ de fkZ_[hed _d]h[iWh" ][d[hÂŒ cWb[ijWh Wb Fh_# c[h CWdZWjWh_e" gk_[d Yk[ij_edÂŒ feh [ijW i_jkWY_ÂŒd W bei eh]Wd_pW# Zeh[i$ 9edYbk‡Ze [ij[ Z_|be]e" 9ehh[W i[ h[kd_ÂŒ [d ]WX_d[j[ Wcfb_WZe Yed iki c_d_ijhei o [d bW deY^[ fWhj_Y_fÂŒ [d kd [l[dje YkbjkhWb fh[fWhWZe [d [b _dij_jkje f[ZW# ]ÂŒ]_Ye 8[b_iWh_e Gk[l[Ze$
ć
7 ŏ Āăŏ ŏ ŏ ŏĂĀāĂ
ŏ +. ŏ
: ũ ũ ũ ũ 666ē+ '.1 ē!.,ē#!
824, !ũ 4-4' 8Ĕũ 4+(7 ũ (+ !'.ũ8ũ (!.+;2ũ #/#" ē ũ
1(47(ũ 1 -).Ĕũũ #1- -".ũ .#++.ũ8ũ ' +~ ũ 19¢-ēũ
.- 3' -ũ 1(!(.ũ 414-! ) 2Ĕũ (+, 1ũ %4 8.ũ8ũ -"1_ũ .1#-.ēũ
1+.2ũ ( .Ĕũ ",4-".ũ (5#1 ũ8ũ 1+.2ũ #-"(#3 ēũ
.-!412.ũ -3#1!.+#%( +ũ "#ũ 1 3.1(
ŋ - ŋ ŋ& ŋ /&./, ŋ / ŋ &ŋ&/! ,ŋ ŋ ( / (.,)ŋ ŋ /.),#Ě -ŋ'#&#. , -ŋ3ŋ&) & -ąŋ '6-ŋ ŋ -./ # (. -ŋŋ ŋ # , (Ě . -ŋ#(-.#./ #)( -ŋ+/ ŋ* ,.# #* ,)(ŋ (ŋ &ŋ )( /,-)ŋ ŋ), .),# ŋ ),! (#4 )ŋ*),ŋ &ŋ )& !#)ŋ #&#. ,ŋ .,# Ąŋŋ
_2 1ũ ~ 9Ĕũ #228ũ .5 1ũ8ũ 4(2ũ (" +%.ēũũ
#!.-.!(,(#-3.
.".2ũ+.2ũ/ 13(!(/ -3#2ũ1#!(ı (#1.-ũ4-ũ"(/+., ũ/.1ũ/ 13#ũ"#ũ 43.1(" "#2ē
ƒ Ä
0%!),+ (! 01. Ä Ä†Ĺ?)%*Ä‹
7 Ĺ?ĀăĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä‚
Ĺ? +. Ĺ?
. ,# &Ĺ‹ Z&# )Ĺ‹ )&)' # ()Ĺ‹ 3šŋ (Ĺ‹ / /' v)-Ĺ‹ 7bh[Z[Zeh Z[ (&& f[hiedWi \k[# hed [lWYkWZWi [b c_ƒhYeb[i Z[b h[# Y_dje Fk[hje Gk_je Z[ bW fWhhegk_W FWYWoWYk" Z[b YWdjÂŒd BW]e 7]h_e" [d IkYkcX‡ei" jhWi ^WX[h i_Ze W\[YjWZei feh kd [d\h[djWc_[dje [djh[ bWi <k[hpWi 7hcWZWi Ye# becX_WdWi o bWi <k[hpWi 7hcW# ZWi H[lebkY_edWh_Wi Z[ 9ebecX_W <7H9 " eYkhh_Ze [d [i[ fW‡i$ ;b _dY_Z[dj[ i[ Z_e [djh[ bW de# Y^[ Z[b cWhj[i o bW cWZhk]WZW Z[b c_ƒhYeb[i" [d bW pedW \hedj[h_pW$ 7 Fk[hje Gk_je bb[]Whed cehj[hei" ]hWdWZWi o [igk_hbWi Z[ cWj[h_Wb Xƒb_Ye$ 7kdgk[ de i[ h[fehjWhed fƒhZ_ZWi ^kcWdWi e ^[h_Zei" i‡ i[ h[]_ijhWhed Z[ijhepei [d bWi l_#
l_[dZWi o ejhWi fhef_[ZWZ[i$ ;b WiWcXb[‡ijW =k_Ze LWh]Wi Z[dkdY_ÂŒ [b ikY[ie [ ^_pe kd bbWcWZe Wb C_d_ijhe Z[ :[\[diW fWhW ^WY[h kd [ijkZ_e gk[ [ijW# Xb[pYW bk]Wh[i [ijhWjƒ]_Yei fWhW bW YebeYWY_ÂŒd Z[ dk[lei Z[ijW# YWc[djei$ ÆDe fk[Z[ i[h gk[ deiejhei ^WoWcei bb[]WZe Wdj[i gk[ bei c_b_jWh[iÇ" [d\Wj_pÂŒ$ ÆBWi \Wc_b_Wi [ij|d Yed ZW‹ei i_YebÂŒ]_Yei" bWi YWiWi \k[hed Z[i# jhk_ZWi o bei cehWZeh[i [ij|d Wc[Zh[djWZeiÇ" _dZ_YÂŒ [b WiWc# Xb[‡ijW" gk_[d i[‹WbÂŒ gk[ bei [d# \h[djWc_[djei [d 9ebecX_W de Z[X[h‡Wd W\[YjWh W bei fk[Xbei \hedj[h_pei$
Ä“ĹŠ +ĹŠ 1, ,#-3.ĹŠ#2ĹŠ +3 ,#-3#ĹŠ!.3(9 ".ĹŠ/.1ĹŠ%14/.2ĹŠ%4#11(++#1.2ĔŊ2#%ĂŒ-ĹŠ + ĹŠ .+(!~ Ä“
( /. (Ĺ‹ ,' -Ĺ‹+/ Ĺ‹ " ,v (Ĺ‹# )Ĺ‹ Ĺ‹& -Ĺ‹
Bei W][dj[i Z[ bW Kd_ZWZ Z[ ?dj[b_][dY_W 7dj_Z[b_dYk[dY_Wb
.2ĹŠ"#3#-(".2 Z[ bW Feb_Y‡W DWY_edWb K?7: -ĹŠ#23#ĹŠ./#1 3(5. Z[iWhj_YkbWhed be gk[ i[h‡W kdW \k[hj[ eh]Wd_pWY_ÂŒd Z[b_Yj_lW gk[ ef[hWXW [d jeZe [b fW‡i$ Ĺ—ĹŠ .'-ĹŠ 1#""8ĹŠ .-". .ĹŠ 231(++¢-ĹŠ #13ĹŠ 5(+;-ĹŠ 231(++¢-ĹŠ Ĺ—ĹŠ 4(2ĹŠ + ;d kdW ef[hWY_ÂŒd Z[dec_dW# ĹŠ -4#+ĹŠ 1! "(.ĹŠ .1;-ĹŠ ;#-9ĹŠ +( 2ĹŠ Ĺ—ÄĽ #23  2ÄŚĹŠ ZW Ăˆ<7BÉ" bei kd_\ehcWZei Z[Ye# #3'ĹŠ #1% 1 ĹŠ -%4+.ĹŠĹŠ Ĺ—ĹŠ #18ĹŠ +(9 c_iWhed WhcWc[dje Z[ kie c_# Ĺ—ĹŠ 4%.ĹŠ 5("ĹŠ (9 +4(2 ĹŠ 2(, ĹŠ b_jWh Z[ bWh]e WbYWdY[" Yece Zei \ki_b[i <Wb gk[ j[d‡Wd bei be]e# j_fei Z[b ;`ƒhY_je f[hkWde$ BWi ]hWY_Wi W kdW Z[dkdY_W W bW b‡d[W WhcWi [ijWXWd [gk_fWZWi Yed '.&& :[b_je" gk[ Z_e f_ijWi gk[ Wb_c[djWZehWi o i_[j[ YWhjkY^ei [dYWc_dWhed W bei W][dj[i$ YWb_Xh[ -",( c_b‡c[jhei$ Bei kd_\ehcWZei i[ [dj[hWhed Z[ gk[ kd Kd W][dj[ gk[ fWhj_Y_# ĹŠ [cfh[iWh_e _XW W i[h i[# fÂŒ [d [b ef[hWj_le o fh[# Ă’h_ÂŒ [b Wded_cWje [nfb_# Yk[ijhWZe o Yec[dpÂŒ [b .".2ĹŠ+.2ĹŠ /1#Äą ef[hWj_le$ YÂŒ gk[ [ij[ j_fe Z[ WhcWi 2 ".2ĹŠ3(#-#-ĹŠ ied kj_b_pWZWi [d bW i[blW" -3#!#"#-3#2ĹŠ BW Feb_Y‡W kX_YÂŒ kd l[# o de i[ Z[iYWhjW gk[ [b /#- +#2Ä“ ^‡Ykbe gk[ Y_hYkbWXW feh Z[ij_de \k[hWd bWi <k[h# bW l‡W W 7cW]kW‹W" [d [b ikheh_[dj[ Z[ Gk_je$ 7^‡ pWi 7hcWZWi H[lebkY_e# \k[hed Z[j[d_Zei Zei Y_kZWZW# dWh_Wi Z[ 9ebecX_W <7H9 $ dei Z[ dWY_edWb_ZWZ YebecX_W# -3#+(%#-!( dW" gk_[d[i jhWdifehjWXWd [b BWi _dl[ij_]WY_ed[i Yec[dpWhed WhcWc[dje$
#- &v Ĺ‹#( /. Ĺ‹Ä Ĺ‹ )'*/. ), -Ĺ‹*),Ĺ‹ & Ĺ‹Ä’( , )0 &#$ Ä“Ĺ‹ ("(¢Ŋ 43.1(9 Äą !(¢-ĹŠ/ 1 ĹŠ#-5( 1ĹŠ 4-ĹŠ %#-3#ĹŠ ĹŠ 3 Äą +( Ä“ĹŠ ĹŠ"#!(2(¢-ĹŠ $4#ĹŠ!1(3(! " Ä“ĹŠ BW <_iYWb‡W =[d[hWb _dYWkjÂŒ bW jWhZ[ Z[ [ij[ `k[l[i bWi Yec# fkjWZehWi kj_b_pWZWi feh i_[j[ \kdY_edWh_ei Z[ bW 9WdY_bb[h‡W fWhW _d_Y_Wh f[h_Y_Wi jƒYd_YWi o h[YWXWh _d\ehcWY_ÂŒd Z[djhe Z[ bW _dZW]WY_ÂŒd fh[l_W Z[b [i# Y|dZWbe Z[ bW ÆdWhYelWb_`WÇ$ BW Z_b_][dY_W i[ h[Wb_pÂŒ jhWi bW Wkjeh_pWY_ÂŒd gk[ f_Z_ÂŒ <[h# dWdZe =k[hh[he" W][dj[ Ă’iYWb" Wb YWdY_bb[h" H_YWhZe FWj_‹e$ Bei [gk_fei Z[ _d\ehc|j_YW \k[hed kj_b_pWZei" i[]‘d bW <_iYWb‡W" feh f[hiedWi gk[ cWdjkl_[hed Wb]‘d j_fe Z[ Yeckd_YWY_ÂŒd" l‡W Yehh[e [b[Y# jhÂŒd_Ye" ZkhWdj[ [b fheY[ie Z[ ieb_Y_jkZ Z[b [dl‡e Z[ bW lWb_`W Z_fbec|j_YW gk[ feij[h_eh# c[dj[ \k[ Z[j[d_ZW [d C_b|d" bb[dW Z[ Zhe]W$ 9ed [bbe" bei f[h_jei _d\eh# c|j_Yei Z[j[hc_dWh|d i_ [n_ij[ Wb]‘d _dZ_Y_e gk[ fk[ZW WokZWh [d bW _dl[ij_]WY_ÂŒd Z[djhe Z[ bW Yehh[ifedZ[dY_W l_hjkWb [djh[ bei i[hl_Zeh[i Z[b C_d_ij[h_e Yed 9h_ij_Wd Beeh" _cfb_YWZe [d [ij[ YWie o Z[j[d_Ze [d ?jWb_W$ ;2ĹŠ !!(.-#2ĹŠ!1(3(! " 2
9ece fWhj[ Z[ bWi Z_b_][dY_Wi" Wo[h" bW <_iYWb‡W jWcX_ƒd jecÂŒ bW l[hi_ÂŒd Æb_Xh[ o lebkdjWh_WÇ Z[ bei \kdY_edWh_ei Z[ [ijW I[# Yh[jWh‡W$ ;b (/ Z[ \[Xh[he" bW <_iYWb‡W f_Z_ÂŒ" WZ[c|i" W ?jWb_W" bW Wk# jeh_pWY_ÂŒd fWhW gk[ [b W][dj[ Ă’iYWb o [b feb_Y‡W W YWh]e Z[ bW _dl[ij_]WY_ÂŒd l_W`[d W [i[ fW‡i fWhW h[YWXWh [b[c[djei gk[ i_hlWd [d bW _dZW]WY_ÂŒd fh[l_W WX_[hjW feh [b fh[ikdje Z[b_je Z[ Jh|Ă’Ye Z[ ;ijkf[\WY_[dj[i$ F[he [b [nf[hje _dj[hdW# Y_edWb CWkh_Y_e =|dZWhW i[ ceijhÂŒ ÆZ[iYedĂ’WZeÇ Z[b jhW# XW`e gk[ h[Wb_Y[d bei W][dj[i" fehgk[ [b Ă’iYWb ][d[hWb" =Wbe 9^_h_Xe]W" Æj_[d[ kdW h[bWY_ÂŒd eXi[Yk[dj[ o kdW Z[f[dZ[d# Y_W Z[b ;`[Ykj_le gk[ b[ _cf_Z[ Ykcfb_h Yed ik \kdY_ÂŒdÇ$ Feh [bbe" fhefkie bW Yed\ehcWY_ÂŒd Z[ kdW Yec_i_ÂŒd _dZ[f[dZ_[d# j[" _dj[]hWZW feh [nYWdY_bb[h[i Z[ YWhh[hW o YecWdZWdj[i Z[b ;`ƒhY_je if gk[ i[ Z_ij_d]k_[# hed [d bW =k[hhW Z[b 9[d[fW o Z[\[dZ_[hed bW ieX[hWd‡W dW# Y_edWb Æfk[i [ije [i c|i ]hWl[ gk[ bW l[djW Z[ bW XWdZ[hW [d
ĹŠ #2"#ĹŠ#+ĹŠ
#%(2+ 3(5.ĹŠ8 ĹŠ ' 8ĹŠ".2ĹŠ"#, -Äą " 2ĹŠ8ĹŠ"#!#- 2ĹŠ/#ĹŠ 1#04#1(,(#-3.ĹŠ ĹŠ 1(Â .Ä“ĹŠĹŠ
¥ ēŊ "#,;2Ŋ"#Ŋ+ 2Ŋ(-5#23(% !(.-#2Ŋ"#Ŋ+ Ŋ (2! +~ ĔŊ+ Ŋ 2 , +# Ŋ - +(9 Ŋ (-!+42.Ŋ4-Ŋ)4(!(.Ŋ/.+~3(!.Ŋ!.-31 Ŋ#+Ŋ -!(++#1ēŊēŊ
3( .ĹŠ! +(ă! ĹŠ "#ĹŠÄĄ,#-3(1.2.ĢŊ ĹŠ/#1(."(23 ĹŠ ĹŠ +ĹŠ! -!(++#1ĔŊ (! 1".ĹŠ 3( .ĔŊ Ĺ—8ĹŠ#+ĹŠ/#1(."(23 ĹŠ .-9 +.ĹŠ .2#1.ĹŠ
/1.3 %.-(9 1.-Ŋ 8#1Ŋ4- Ŋ"(2!42(¢-Ŋ 04#Ŋ!.-!+48¢Ŋ!4 -".Ŋ#+Ŋ (-(231.Ŋ -".-¢Ŋ+ Ŋ! (- Ŋ"#Ŋ "(.Ŋ 7 ĔŊ,(#-31 2Ŋ2#Ŋ"#2 11.++ Ŋ+ Ŋ #-31#5(23 ēŊ +Ŋ(-!("#-3#Ŋ2#Ŋ(-(!(¢Ŋ!4 -".Ŋ 3( .Ŋ ++ ,¢Ŋĥ,#-3(1.2.ĢŊ Ŋ .2#1.Ŋ/.1Ŋ 4- 2Ŋ"#!+ 1 !(.-#2Ŋ"#Ŋ+ Ŋ 2 ,Ĺ +#~23 Ŋ 1~ Ŋ 4%423 Ŋ ++#Ŋ Ŋ4-Ŋ ! - +Ŋ"#Ŋ Ŋ".-"#Ŋ"#)¢Ŋ#-31#5#1Ŋ 04#Ŋ+ Ŋ .+(!~ Ŋ/4".Ŋ' #1Ŋ3#-(".Ŋ +%4- Ŋ/ 13(!(/ !(¢-Ŋ#-Ŋ#+Ŋ! 2.ēŊ +Ŋ (1#ĔŊ 3( .Ŋ#7/1#2¢ĖŊĥ # .1ēēēŊ42Ĺ 3#"ŊŊ,(#-3#ėŊ .-9 +.Ŋ .2#1.Ŋ#2Ŋ4-Ŋ ,#-3(1.2.ŊĸēēēĚēŊ .Ŋ-.Ŋ2_Ŋ+.Ŋ04#Ŋ' Ŋ "(!'.Ŋ+ Ŋ 2 , +#~23 ĢĔŊ"().Ŋ#+Ŋ$4-Ĺ !(.- 1(.ŊŊ8Ŋ1#(3#1¢Ŋ04#Ŋ+ Ŋ -!(++#1~ Ŋ -.Ŋ3(#-#Ŋ-(-%4- Ŋ/ 13(!(/ !(¢-ēŊ
'./*Ç" WĂ’hcÂŒ$ # !!(.-#2
;b c_d_ijhe Z[b ?dj[h_eh" @eiƒ I[# hhWde" Yh_j_YÂŒ W bei Z[jhWYjeh[i Z[ FWj_‹e o WdkdY_ÂŒ gk[ [d bei fhÂŒn_cei Z‡Wi [djh[]Wh| ZeYk# c[djWY_ÂŒd Yece" feh [`[cfbe" bW Y[hj_\_YWY_ÂŒd Z[ bW Feb_Y‡W Z[djhe Z[ bWi _dijWbWY_ed[i Z[ bW 9WdY_bb[h‡W" gk[ Z[iYWhjW YkWb# gk_[h fei_X_b_ZWZ Z[ ik fWhj_Y_# fWY_ÂŒd [d [b YWie$ HW\W[b Gk_d# j[he" ikXi[Yh[jWh_e fWhW 7i_W o Ă›\h_YW" WĂ’hcÂŒ gk[ bW 9WdY_bb[# h‡W o [b C_d_ijhe ied eX`[je Z[
1~3(! 2Ŋ#-Ŋ .3./ 7(Ŋ/.1Ŋ+ Ŋ ļ- 1!.5 +() Č Ŋ ŊěŊŊ Ŋ+ 2ŊćĊĖććŊ"#Ŋ 8#1ĔŊ ŗ#-Ŋ 4)(+~ĔŊ+4% 1Ŋ".-"#Ŋ2#Ŋ"#2 11.++¢Ŋ#+Ŋ
% (-#3#ĹŠ(3(-#1 -3#ĹŠ"#+ĹŠ/1#2("#-3#ĔŊ $ #+ĹŠ .11# ĔŊ#-ĹŠ+ 2ĹŠ/ 1#"#2ĹŠ"#ĹŠ+ ĹŠ 5#-(" ĹŠ #+ 2!.ĹŠ 11 ĹŠ2#ĹŠ5(#1.-ĹŠ ÄƒÄą !'#2ĹŠ"#ĹŠ4- ĹŠ! 1(! 341 ĹŠ!1~3(! ĹŠ!.-31 ĹŠ #+ĹŠ 1#2("#-3#Ä“ "#,;2ĔŊ2#ĹŠ!.+.! 1.-ĹŠ! ) 2ĹŠ"#ĹŠ! 1Äą 3¢-ĹŠ!.-ĹŠ+#8#-" 2ĹŠ!.,.Ä–ĹŠÄĽ 1!.5 +() ĹŠ .11# ÄŚĹŠ8ĹŠÄĽ 1!.ĹŠ 3( .ÄŚÄ“ĹŠ 23.2ĹŠ2~, .+.2ĹŠ/#1, -#!(#1.-ĹŠ/.! 2ĹŠ '.1 2ĹŠ8 ĹŠ04#ĹŠ ĹŠ+ 2ĹŠÄ?ĖććŊ+ 2ĹŠ/ 1#"#2ĹŠ -4#5 ,#-3#ĹŠ / 1#!(#1.-ĹŠ/(-3 " 2Ä“
kd WjWgk[ c[Z_|j_Ye o Wi[]khÂŒ gk[ de [i [b Wkjeh Z[b febƒc_Ye h[]bWc[dje fWhW kie Æ[njhWehZ_# dWh_eÇ Z[ bW lWb_`W" Wkdgk[ h[Ye# deY_ÂŒ gk[ \k[ gk_[d be ikiYh_X_ÂŒ c_[djhWi [ijkle [dYWh]WZe Z[b C_d_ij[h_e$
ƒ Ă
7 ĀăĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä‚Ĺ?
Ĺ? +. ÄŒĹ?
.-3ĂŒ$ 1ĹŠ/("#ĹŠ ĹŠ -!(++#1ĹŠ04#ĹŠ$.1, +(!#ĹŠ24ĹŠ(-5(3 !(¢-ĹŠ ĹŠ 1#2("#-3 ĹŠ"#ĹŠ+ ĹŠ
Ĺ‹., 0Z-Ĺ‹ Ĺ‹/( Ĺ‹ ,. Ĺ‹ (0# Ĺ‹ &Ĺ‹ ( #&& ,Ä…Ĺ‹ # , )Ĺ‹ .#˜)Ä…Ĺ‹ &Ĺ‹ - ' & v-. Ĺ‹ Z- ,Ĺ‹ )(.Ă„ ,ŋĢ ÄŁĹ‹*# Ĺ‹+/ Ĺ‹ &Ĺ‹ /( #)( ,#)Ĺ‹ /'*& Ĺ‹ )(Ĺ‹& Ĺ‹ *,)' - Ĺ‹ Ĺ‹#(0#. ,Ĺ‹ ),' &' (. Ĺ‹ Ĺ‹& Ĺ‹*, -# (. Ĺ‹ Ĺ‹& Ĺ‹ )'#-#š(Ĺ‹ (. , ' ,# ( Ĺ‹ Ĺ‹ , ")-Ĺ‹ /' ()-ŋĢ ÄŁÄ…Ĺ‹ #( Ĺ‹ " &.)(Ĺ‹3Ĺ‹ Ĺ‹).,)-Ĺ‹ '# ' ,)-Ĺ‹ Ĺ‹& Ĺ‹ (.# Ĺ‹* , Ĺ‹+/ Ĺ‹ )(-. . (Ĺ‹& Ĺ‹-#./ #š(Ĺ‹ Ĺ‹& Ĺ‹&# ,. Ĺ‹ Ĺ‹ 2*, -#š(Ĺ‹ (Ĺ‹ &Ĺ‹* v-Ä„Ĺ‹ &Ĺ‹ - ' & v-. Ĺ‹3 Ĺ‹" v Ĺ‹" ")Ĺ‹/( Ĺ‹* .# #š(Ĺ‹ &Ĺ‹),! (#-')Ĺ‹* , Ĺ‹+/ Ĺ‹, &# Ĺ‹/( Ĺ‹) - ,0 #š(Ĺ‹#(Ĺ‹&) )Ĺ‹-) , Ĺ‹ &Ĺ‹ /'*&#'# (.)Ĺ‹ Ĺ‹ -. Ĺ‹ , ")Ä…Ĺ‹ - )Ĺ‹ (Ĺ‹ &Ĺ‹ ,.v /&)ŋÝĂŋ &Ĺ‹ -. ./.)Ĺ‹ Ĺ‹& Ĺ‹ Ä„
),. Ĺ‹ )(-.#./ #)( &Ĺ‹ Ĺ‹' # -Ĺ‹ /. & , -Ĺ‹ *),Ĺ‹& Ĺ‹& 3Ĺ‹ & .), &Ĺ‹
ĹŠ-.3(! !(¢-ĹŠ.ă!( +ĹŠ++#% 1;ĹŠ#+ĹŠ+4-#2Ä“ĹŠ 23.ĹŠ"#3(#-#ĹŠ+ ĹŠ.1% -(9 !(¢-ĹŠ"#ĹŠ+ 2ĹŠ #+#!!(.-#2Ä“ĹŠĹŠ
JhWi YedeY[h bW Z[Y_i_ÂŒd Z[ bW KDF" Yed [b fh[i_Z[dj[ Z[ bW 99" 9ehj[ 9edij_jkY_edWb 99 " Z[ FWjh_Y_e FWpc_‹e" _d\ehcÂŒ gk[ YedY[Z[h bWi c[Z_ZWi Z[ifkƒi Z[ bW dej_Ă’YWY_ÂŒd YWkj[bWh[i Wb 9ÂŒZ_]e Z[ ĹŠ i[ j[dZh‡W gk[ [if[hWh *+ bW :[ceYhWY_W" L_Y[dj[ Z‡Wi fWhW gk[ [b fb[de Z[b EhZŒ‹[p" fh[i_Z[dj[ Z[ eh]Wd_ice [c_jW ik Z[Y_# bW Kd_ÂŒd DWY_edWb Z[ F[# ĹŠ ĹŠ2.+(!(3¢Ŋ #+ĹŠ/ 2 ".ĹŠÄˆÄ?ĹŠ"#ĹŠ i_ÂŒd Ă’dWb$ h_eZ_ijWi KDF " cWd_\[i# #-#1.ĹŠ04#ĹŠ2#ĹŠ"(!Äą jÂŒ gk[ Æ[ij[ [i kd jh_kd\e 3#-ĹŠ+ 2ĹŠ,#"(" 2ĹŠ 1.!#2. ! 43#+ 1#2Ä“ĹŠ fWhW bW Z[ceYhWY_W o bei I[]‘d Z_`e EhZÂŒd[p" bW i[# Y_kZWZWdeiÇ$ Yh[jWh_W Z[ bW IWbW Z[ 7Z# ;ijWi c[Z_ZWi" Wkdgk[ ĹŠ c_i_ÂŒd" CWhY_W HWcei" de ied Z[\_d_j_lWi" eXb_# _d\ehcÂŒ gk[ [b bkd[i [ijW# ]Wd W ikif[dZ[h YkWbgk_[h h‡W dej_Ă’YWZW bW Z[Y_i_ÂŒd$ _dj[dje Z[ eh]Wd_pWh bWi +ĹŠ ĹŠ3(#-#ĹŠ :[ ik fWhj[" IWdj_W]e ÄĄ$ !4+3 "ĹŠ#2/#Äą fhÂŒn_cWi [b[YY_ed[i" [d !( +ĢŊ#-ĹŠ! 2.ĹŠ"#ĹŠ =kWhZ[hWi" WXe]WZe fW# Wfb_YWY_ÂŒd Z[ [ij[ 9ÂŒZ_]e" "#!+ 1 3.1( 2ĹŠ"#ĹŠ (-!.-23(34!(.- Äą jheY_dWZeh Z[ bW KDF" i[# gk[ _d]h[iÂŒ feh [b C_d_i# +(" "ĹŠ"41 -3#ĹŠ ‹WbÂŒ gk[ bW ieb_Y_jkZ Z[b ]h[c_e \k[ fWhW gk[ i[ j[h_e Z[ bW B[o" i_d WfheXW# /1.!#2.2ĹŠ #+#!3.1 +#2Ä“ Y_ÂŒd Z[ bW 7iWcXb[W$ ikif[dZWd bei [\[Yjei Z[ ÆC|i Wbb| Z[ bW jWh[W bei _dY_iei ) o * Z[b Whj‡Yk# gk[ Z[X[cei Ykcfb_h o bW gk[ be (&)" h[\ehcWZe feh [b Whj‡Ykbe Z[\[dZ[cei" [i bW ][dj[ gk[ lW W eh]|d_Ye Z[ bW b[o h[\ehcWjeh_W$ j[d[h bW fei_X_b_ZWZ Z[ _d\ehcWh# ;ijei _dY_iei i[ h[Ă’[h[d W bW i[ o ef_dWh Yed b_X[hjWZ ZkhWdj[ b_c_jWY_ÂŒd W bei c[Z_ei Z[ Yeck# [b fheY[ie [b[YjehWbÇ" Z_`e$ d_YWY_ÂŒd [d ƒfeYW Z[ [b[YY_ed[i JhWi kdW h[kd_ÂŒd gk[ cWd# o W bW \WYkbjWZ Z[b 9edi[`e DWY_e# jkle Wo[h" [b h[fh[i[djWdj[ Z[ bW dWb ;b[YjehWb 9D; Z[ iWdY_edWh
) # ,()Ĺ‹ Ĺ‹ ' Ĺ‹ *, ) /* )Ĺ‹*),Ĺ‹Ä’ .)-Ä“Ĺ‹ )(., Ĺ‹& Ĺ‹&# , Ĺ‹ 2*, -#š( ;b YWie ÆikXhWoW bW d[Y[i_ZWZ ;;$KK$ Wb[hjÂŒ Wo[h Z[ fei_Xb[i Z[ c[Z_ZWi YbWhWi feh fWhj[ Z[b Æ[\[Yjei Z_ikWieh_eiÇ [d bW b_X[h# =eX_[hde Z[ ;YkWZeh fWhW [d# jWZ Z[ [nfh[i_ÂŒd Z[ ;YkW# \h[djWh bei [\[Yjei fej[d# Zeh gk[ fk[Z[ j[d[h [b YWie ĹŠ Y_Wbc[dj[ Z_ikWieh_ei Z[b Z[ Z_Wh_e ;b Kd_l[hie" f[i[ YWie feh YWbkcd_Wi o Z[ bW Wb f[hZÂŒd ejeh]WZe feh [b i[dj[dY_WÇ" W‹WZ_ÂŒ$ fh[i_Z[dj[" HW\W[b 9ehh[W$ 41 -3#ĹŠ#+ĹŠ! 2.ĹŠ +ĹŠ -(5#12.ĔŊ BW fehjWlep Z[b :[fWh# Ä“ Ä“ĹŠ2#ĹŠ' ĹŠ 1(3#1(.2 jWc[dje Z[ ;ijWZe" L_Yje# /1.-4-!( ".ĹŠ ;;$KK$ Yedi_Z[hW gk[ bW 5 1( 2ĹŠ5#!#2ĹŠ h_W DkbWdZ" Z_`e [d ik Yed# !4#23(.- -".ĹŠ+ 2ĹŠ b_X[hjWZ Z[ [nfh[i_ÂŒd Æ[i /.+~3(! 2ĹŠ"#+ĹŠ1_%(Äą \[h[dY_W Z[ fh[diW Z_Wh_W ,#-ĹŠ2. 1#ĹŠ+( #1Äą kd Yecfed[dj[ [i[dY_Wb gk[ ;;$KK$ ÆjecW dejWÇ 3 "ĹŠ"#ĹŠ#7/1#2(¢-Ä“ĹŠ Z[ bW Z[ceYhWY_W [d jeZe Z[ bW Z[Y_i_ÂŒd WdkdY_WZW [b ckdZeÇ" f[he [ij| ÆfWh# [b bkd[i feh 9ehh[W$ ÆI_d j_YkbWhc[dj[ YediW]hWZW [cXWh]e" bWi Y_hYkdijWdY_Wi gk[ [d bW 9WhjW :[ceYh|j_YW ?dj[hW# heZ[Wd [ijei YWiei `kdje Wb Z[ c[h_YWdWÇ" h[YehZÂŒ DkbWdZ$ Ăˆ;b =hWd >[hcWdeÉ i_]k[d fbWd# ÆFeh [ie" [if[hWcei gk[ bei j[WdZe fh[]kdjWi fh[eYkfWdj[i b‡Z[h[i [b[Yjei Z[ceYh|j_YW# ieXh[ [b [ijWZe Z[ bW b_X[hjWZ Z[ c[dj[ [d bWi 7cƒh_YWi j[d]Wd [nfh[i_ÂŒd [d ;YkWZehÇ" WĂ’hcÂŒ kdW h[ifediWX_b_ZWZ [if[Y_Wb [d bW fehjWlep$ [ij[ i[dj_Ze" fWhW Wi[]khWh gk[ ĔŊ ŊěŊ;b =eX_[hde Z[
W bei c[Z_ei Z[ Yeckd_YWY_ÂŒd$ =kWhZ[hWi Z_`e gk[ bW iki# f[di_ÂŒd fhel_i_edWb ÆZ[j[hc_dW gk[ W fWhj_h Z[ bW dej_Ă’YWY_ÂŒd" bei [\[Yjei Z[ [iWi Z_ifei_Y_e# d[i gk[ZWd ikif[dZ_ZWi o oW de fk[Z[d i[h Wfb_YWZeiÇ$ Æ;b 9D; de feZh| ^WY[h d_d# ]kdW h[]bWc[djWY_ÂŒd Z[ kdW dehcW ikif[dZ_ZW$ Be YkWb [i kd ƒn_je Z[ bW KDF o Z[ jeZei bei Yk_ZWZWdeiÇ" [nfh[iÂŒ$ ",(2(¢-ĹŠ
Bei leYWb[i 7b\edie Bkp O‘d[p o D_dW FWYWh_ L[hW Z[Y_Z_[hed iki# f[dZ[h bW Wfb_YWY_ÂŒd Z[b Whj‡Ykbe (&) Z[b 9ÂŒZ_]e Z[ bW :[ceYhWY_W$ ;b leYWb FWjh_Y_e >[hh[hW i[‹WbÂŒ gk[ ƒb jWcX_ƒd Ă’hcÂŒ fWhW WY[f# jWh [b f[Z_Ze$ -;+(2(2
Kd ÆlWY‡e b[]WbÇ [d bW h[\ehcW Wb 9ÂŒZ_]e Z[ bW :[ceYhWY_W [i be c|i i[]khe gk[ i[ fheZkpYW i_ [b Fb[de Z[ bW 9ehj[ 9edij_jkY_edWb 99 hWj_Ă’YW bW h[iebkY_ÂŒd" i[‹W# bWhed Wo[h [nf[hjei [b[YjehWb[i$ ;b [nfh[i_Z[dj[ Z[b Z[iWfW# h[Y_Ze Jh_XkdWb Ikfh[ce ;b[Y# jehWb JI; " 9Whbei 7]k_dW]W o [b [ncW]_ijhWZe Z[b [n Jh_XkdWb 9edij_jkY_edWb J9 " >[hd|d
1#/ 1 -ĹŠ+ ĹŠ 4"(#-!( Ĺ—ĹŠĹŠ
+Ŋ2#!1#3 1(.Ŋ/1(5 ".Ŋ"#+Ŋ/1#Ĺ 2("#-3#ĔŊ $ #+Ŋ .11# ĔŊ 423 5.Ŋ
+*'ĔŊ8ĹŠ#+ĹŠ2#!1#3 1(.ĹŠ"#ĹŠ .,4Äą -(! !(¢-ĔŊ #1- -".ĹŠ +5 1 ".ĔŊ #2345(#1.-ĹŠ 8#1ĹŠ#-ĹŠ 2'(-%3.-ĹŠ #-ĹŠ4- ĹŠ5(2(3 ĹŠ!#-31 " ĹŠ#-ĹŠ/1#Äą / 1 1ĹŠ+ ĹŠ"#$#-2 ĹŠ"#+ĹŠ -" 3 1(.ĹŠ -3#ĹŠ+ ĹŠ .,(2(¢-ĹŠ -3#1 ,#1(! - ĹŠ "#ĹŠ #1#!'.2ĹŠ 4, -.2Ŋĸ ĚŊ /.1ĹŠ#23#ĹŠ! 2.Ä“ĹŠ , .2ĹŠ2#ĹŠ1#4-(#1.-ĹŠ#-ĹŠ #+ĹŠ #/ 13 ,#-3.ĹŠ"#ĹŠ 23 ".ĹŠ !.-ĹŠ+ ĹŠ2#!1#3 1( ĹŠ"#ĹŠ 23 ".ĹŠ ")4-3 ĹŠ/ 1 ĹŠ 3(-. ,_1(! ĹŠ#-ĹŠ $4-!(.-#2ĔŊ . #13 ĹŠ !. 2.-ĔŊ8ĹŠ !.-ĹŠ#+ĹŠ2#!1#3 1(.ĹŠ"#ĹŠ 23 ".ĹŠ "Äą )4-3.ĹŠ/ 1 ĹŠ 1!¢3(!.2ĔŊ (++( ,ĹŠ 1.6-ă#+"Ä“
[b [ifWY_e feb‡j_Ye o b[]Wb [ij| Z[if[`WZe fWhW bW b_X[hjWZ Z[ [nfh[i_ÂŒd o jWcX_ƒd fWhW Z[i[dlebl[hi[ Yed Yedi_Z[hW# Y_ÂŒd o jeb[hWdY_WÇ" YedYbkoÂŒ bW fehjWlep$
ēŊ 1"¢-#9Ŋ8Ŋ5 1(.2Ŋ2#!3.1#2Ŋ2.!( +#2Ŋ/42(#1.-Ŋ+ 2Ŋ"#, -" 2ēŊ
H_XWZ[d[_hW" WĂ’hcWhed gk[" Wb ^WX[h gk[ZWZe _dikXi_ij[dj[ [b Whj‡Ykbe '&) Z[ bW Wdj[h_eh b[o" gk[ \k[ h[\ehcWZW" o ZedZ[ iÂŒbe i[ b_c_jWXW W bei ik`[jei feb‡j_Yei W YedjhWjWh fkXb_Y_ZWZ" o i_ bW 99 jWcX_ƒd h[ik[bl[ Z[`Wh _dikXi_i# j[dj[ [b Whj‡Ykbe (&)" fheleYWh| kdW _dYedi_ij[dY_W `kh‡Z_YW$ Æ7b [n_ij_h kdW h[\ehcW b[]Wb" bW dehcW Wdj[h_eh gk[ZÂŒ Z[he# ]WZWÇ" h[YWbYÂŒ 7]k_dW]W" gk_[d ef_dÂŒ gk[ \h[dj[ W kd ÆlWY‡e b[# ]WbÇ b[ Yehh[ifedZ[h| Wb 9edi[`e DWY_edWb ;b[YjehWb 9D; Wfb_YWh kdW dehcW ÆjhWdi_jeh_WÇ" i[]‘d i[ [ijWXb[Y[ [d [b 9ÂŒZ_]e ;b[Y# jehWb" [if[Y_Wbc[dj[ YkWdZe i[
,&)-Ĺ‹ Z, 4Ĺ‹*# Ĺ‹ ! , (.v -Ĺ‹ * , Ĺ‹0)&0 ,Ĺ‹ &Ĺ‹* v;d kdW [djh[l_ijW YedY[Z_ZW W J[b[WcWpedWi" Z[iZ[ FWdWc|" [b Z_h[Yjeh Z[ Z_Wh_e ;b Kd_l[h# ie" 9Whbei Fƒh[p" Z_`e gk[ de h[# ]h[iWh| Wb fW‡i ^WijW gk[ [b =e# X_[hde ]WhWdj_Y[ bWi YedZ_Y_ed[i d[Y[iWh_Wi fWhW [bbe$ 7Z[c|i" Wi[]khÂŒ gk[ [b YWdY_bb[h" H_YWhZe FWj_‹e" i[ Æce\ÂŒĂ‡ Z[b Wi_be gk[ b[ ejeh]ÂŒ [b fW‡i Y[djheWc[h_YWde" c_[djhWi [ijkle [d ik ;cXW`WZW [d Gk_je$ :[dkdY_ÂŒ jWcX_ƒd WYj_jkZ[i Æ[njhW‹WiÇ [d bei c_[cXhei Z[ bW Feb_Y‡W Z[ c_]hWY_ÂŒd Yed gk_[# d[i i[ [dYedjhÂŒ [d [b 7[hefk[h# je CWh_iYWb IkYh[ W ik iWb_ZW Z[b fW‡i$ ÆBW Feb_Y‡W i[ WY[hYW o
fheZkY[d Z[cWdZWi Z[ _dYedi# j_jkY_edWb_ZWZ$ F[he" fWhW H_lWZ[d[_hW" bW ÆbWXehÇ Z[ b[]_ibWh kd dk[le Wh# j_YkbWZe e h[[cfbWpWh bW dehcW b[ Yehh[ifedZ[ W bW 7iWcXb[W$ De eXijWdj[" WZl_hj_ÂŒ gk[ [b fhe# dkdY_Wc_[dje Z[ bW 99 de Yed# j[cfbW fbWpei$ Æ;ije feZh‡W ZWh# i[ [d kdW i[cWdW" Zei" YkWjhei c[i[i e [d kd W‹eÇ" [nfh[iÂŒ$ C_[djhWi gk[ fWhW [b [nleYWb Z[b 9D; <Wkije 9WcWY^e Wb 9D; b[ Yehh[ifedZ[h| [cfb[Wh [b '&)" ZedZ[ de i[ Z_ifed[ d_d]kdW b_# c_jWY_ÂŒd W bei c[Z_ei W h[Wb_pWh h[fehjW`[i ZkhWdj[ bW YWcfW‹W [b[YjehWb Z[b fhÂŒn_ce W‹e$
¥ ēŊ +Ŋ"(1#!3(5.Ŋ"#+Ŋ1.3 3(5.Ŋ ++#%¢Ŋ Ŋ - ,;Ŋ#+Ŋ)4#5#2ĔŊ31 2Ŋ#23 1Ŋ 2(+ ".Ŋ#-Ŋ+ Ŋ , ) " Ŋ"#Ŋ#2#Ŋ/ ~2ēŊ
c[ Z_Y[0 Ăˆi[‹eh" h[]h[i[É$ H[]h[# ie$ J[d‡Wd c_ fWiWfehj[ [d kdW c|gk_dW cko [njhW‹W" de iƒ gkƒ ^_Y_[hed$ C[ Z[lk[bl[d [b fW# iWfehj[ o b[ fh[]kdje Wb feb_Y‡W0 ĂˆÂľGkƒ [i be gk[ [ij|d ^WY_[dZe5" [nfb‡gk[c[É$ ;djedY[i c[ Z_`e0 ĂˆDe" [i gk[ j[d[cei kdW ehZ[d ikf[h_eh Z[ gk[ YkWdZe kij[Z iWb]W j[d[cei gk[ Wl_iWhÉÇ" dW# hhÂŒ Fƒh[p$ 7dj[ bW YedikbjW Z[ i_ lebl[# h| Wb fW‡i" h[ifedZ_ÂŒ0 Æ;ie ^Wo gk[ l[h$ E`Wb| [b Fh[i_Z[dj[ o jeZe ik =eX_[hde i[ Yecfehj[d X_[d o j[d]Wd kdW WYj_jkZ i[h_W fWhW Yed deiejhei o fWhW Yed ;YkWZehÇ$
Ä’ &Ĺ‹- ,0# #)Ĺ‹ Ĺ‹ ., (-*),. Ĺ‹() $/-.#Ă° Ĺ‹ &Ĺ‹ &4 Ä“ (4" " -.2ĹŠ8ĹŠ#7Äą /#13.2ĹŠ 2#%41 -ĹŠ 04#ĹŠ#+ĹŠÄ‰ÄŽĹ˜ĹŠ,;2ĹŠ#-ĹŠ +.2ĹŠ/ 2 )#2ĹŠ#2ĹŠ"#2Äą /1./.1!(.- ".Ä“ĹŠĹŠ
ƒ 7 ĀăĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä‚Ĺ?
Ĺ? +. ÄŒĹ?
ă
1#!(.2Ŋ#-Ŋ"¢+ 1#2 .2( +#2Ŋ(-!1#,#-3.2
43 2ĹŠĹŠ
4(3.Ĺ 4 8 04(+ŊŊ 2,#1 +" 2ŊIJ 4(3.Ŋ
.) ŊIJ 4 8 04(+Ŋ .13.5(#).Ĺ 4(3.Ŋ !' + Ĺ 4(3.ŊŊŊŊŊŊ
%.ĹŠ %1(.Äą 4 8 04(+ĹŠĹŠ
.23.ĹŠ5(%#-3#ĹŠ Ä‘Ä”ÄˆÄŽĹŠ Ä?Ä”ÄˆÄŽĹŠ đĔđćŊ Ä?ĔĒćŊ ÄˆÄ‡Ä”ÄŽÄ‡ĹŠ ÄˆÄŠÄ”Ä‰Ä‡ĹŠ
;b WdkdY_e gk[ ^_pe [b Z_h[Y# jeh Z[ bW 7][dY_W DWY_edWb Z[ Jh|di_je 7DJ " CWkh_Y_e F[‹W" ieXh[ [b _dYh[c[dje Z[ ^WijW [b bei ‘bj_cei W‹ei$ 7dj[i" kdW (+ [d bW jhWdifehjWY_ÂŒd _dj[h# bbWdjW YeijWXW )*& ZÂŒbWh[i" fhel_dY_Wb YWkiÂŒ _dZ_]dWY_ÂŒd W^ehW Yk[ijW -&&Ç$ I_d [cXWh]e" h[YedeY_ÂŒ [djh[ bei fWiW`[hei o iWj_i\WYY_ÂŒd [d bei Y^e\[h[i" gk_[d[i Wi[]k# gk[" feh bW _cfhkZ[dY_W Z[ hWhed gk[ ÆoW [hW j_[cfe Z[ kd ckY^ei Y^e\[h[i" ^W ikX_Ze [b d‘c[he Z[ WYY_Z[dj[i$ ÆI_ h[W`kij[ Z[ jWh_\WiÇ$ I[]‘d =k_bb[hce 7XWZ" Z_h[Y# lW bb[de" Z[X[h‡W _h Z[ifWY_e" jeh Z[ @kij_Y_W L_Wb" [b WbpW de [ij| f[he ^Wo Y^e\[h[i gk[ h[Y_ƒd `kij_Ă’YWZW fehgk[ bWi Yeef[hWj_# i[ ]hWZ‘Wd" YedZkY[d bei l[# lWi de [djh[]Wd kd i[hl_Y_e Z[ ^‡Ykbei o de jecWd bWi fh[# YWb_ZWZ$ Æ;b [nY[ie Z[ l[beY_ZWZ YWkY_ed[iÇ Z_`e$ feh fWhj[ Z[ bWi kd_ZWZ[i W‘d f[hi_ij[" o jWcX_ƒd bW ieXh[YWh]W #!' 9. Z[ fWiW`[hei o bWi fWhWZWi \k[hW ÆDe i[ fk[Z[ ikX_h [b fWiW`[ Z[ cWd[hW jWd Z[ifhefehY_e# Z[ bei j[hc_dWb[iÇ" i[‹WbÂŒ$ dWZW$ ÂľGkƒ i[]kh_ZWZ 7XWZ h[YWbYÂŒ gk[" fWhW j[d[cei bei fWiW`[hei" `kij_Ă’YWh [ijW [b[lWY_ÂŒd" bW ĹŠ i_ bei YedZkYjeh[i [d 7DJ Z[X[h‡W WkZ_jWh W bWi bWi deY^[i lWd W c|i YecfW‹‡Wi o Y[hY_ehWhi[ Z[ gk[ [b _dYh[c[dje i[ -ĹŠ#+ĹŠĂŒ+3(,.ĹŠ$#1( Äą ".ĹŠ2#ĹŠ/1."4)#1.-ĹŠ Z[ '&& a_bÂŒc[jhei feh _dl_[hjW [d h[delWY_ÂŒd Z[ 31#2ĹŠ !!("#-3#2ĹŠ ^ehW" ^WY[d fWhWZWi Ă“ejW o bW YWfWY_jWY_ÂŒd Z[ "#ĹŠ31 -2/.13#ĹŠ (-3#1/1.5(-!( +Ä“ĹŠ +ĹŠ ZedZ[ b[i ZW bW ]WdW" bei YedZkYjeh[i$ Æ;d eYW# 2 +".ĹŠ$4#ĹŠ"#ĹŠÄŒÄˆĹŠ hecf[d bei i[bbei gk[ ,4#13.2Ä“ b[i YebeYWd [d bei j[h# i_ed[i" [b _dYh[c[dje de i[ c_dWb[i o" WZ[c|i Z[ Z_h[YY_edW W c[`ehWh bW YW# b_ZWZ i_de gk[ X[d[Ă’Y_W W gk_[# jeZe [ie" fh[j[dZ[d _dYh[# d[i cWd[`Wd bW jhWdifehjWY_ÂŒd c[djWh bW jWh_\W5 De [i `kije Yed [b kikWh_eÇ" ef_dÂŒ Abƒl[h f‘Xb_YWÇ" i[‹WbÂŒ$ I_d [cXWh]e" Bk_i 9eXW" Yed# 9^_YW" gk_[d YecfhWXW kd ZkYjeh Z[ kd Xki _dj[hfhel_d# fWiW`[ fWhW _h W CWY^WbW Z[i# Y_Wb Z[ bW 9eef[hWj_lW F[b_b[e Z[ [b j[hc_dWb Z[ Gk_jkcX[" [ij| Yed\ehc[ Yed [b WdkdY_e Z[ [d Gk_je$ CWh‡W 9$" gk_[d bb[]ÂŒ W bW F[‹W$ Æ;i Yedl[d_[dj[ gk[ i[ _d# Yh[c[dj[ [b lWbeh fehgk[ [b Yei# YWf_jWb Z[iZ[ CWdWX‡" _dZ_YÂŒ je Z[ bei h[fk[ijei ^W ikX_Ze [d gk[ de i[ i_[dj[ i[]khW [d bW
4,#-3.ĹŠ' 23 ĹŠÄ‰ÄŽĹ˜ ĉĔćĊŊ ĸ!.23 1~ ĹŠÄˆÄ‡Ä”ÄˆÄ‘Äš ÄˆÄ”ÄŽÄŠĹŠ ĸ!.23 1~ ĹŠÄ?Ä”Ä?Ä‘Äš ĸ!.23 1~ ĹŠÄˆÄˆÄš ĉĔĉŊ ĈĔÄ?ĉŊ ĸ!.23 1~ ĹŠÄ‘Ä”Ä?ĉĚ ĉĔÄ?ĉŊ ĸ!.23 1~ ĹŠÄˆÄŠÄ”ÄˆÄ‰Äš ĊĔĊćŊ ĸ!.23 1~ ĹŠÄˆÄ?ĔĎćĚ
+9 ĹŠ"#ĹŠ/ 2 )#2ĹŠ #23 ĹŠ/1#5(23 Ĺ—ĹŠĹŠ
.2ĹŠ31 -2/.13(23 2ĹŠ(-3#1/1.5(-Äą !( +#2ĹŠ3#-~ -ĹŠ/1#5(23.ĹŠ1# +(9 1ĹŠ4-ĹŠ / 1.ĹŠ#+ĹŠÄŠÄˆĹŠ"#ĹŠ %.23.ĹŠ/ 2 ".ĔŊ/#1.ĹŠ "#2/4_2ĹŠ"#ĹŠ31#2ĹŠ'.1 2ĹŠ"#ĹŠ!.-5#12 Äą !(¢-ĹŠ!.-ĹŠ 43.1(" "#2ĹŠ"#+ĹŠ . (#1-.ĔŊ $4#ĹŠ242/#-"(".Ä“ĹŠ -31#ĹŠ+ 2ĹŠ/#3(!(.-#2ĹŠ 04#ĹŠ' !~ ĹŠ#+ĹŠ%1#,(.ĹŠ!.-23 -Ä–ĹŠ , 8.1ĹŠ!.-31.+ĹŠ"#ĹŠ31 -2/.13(23 2ĹŠ (-$.1, +#2ĔŊ,#).1 1ĹŠ+ ĹŠ2#%41(" "ĹŠ#-ĹŠ + 2ĹŠ! 11#3#1 2ĹŠ8ĹŠ+ ĹŠ1#5(2(¢-ĹŠ"#ĹŠ+ ĹŠ3 1($ ĹŠ "#ĹŠ31 -2/.13#Ä“ĹŠ
jhWdifehjWY_ÂŒd _dj[hfhel_dY_Wb$ Æ:[ifkƒi Z[ be gk[ ikY[Z_ÂŒ [d [b \[h_WZe Z[ 9WhdWlWb" W^ehW ZW j[hheh$ 9bWhe gk[ de jeZei bei YedZkYjeh[i ied _hh[ifediWXb[i f[he i‡ [d ik ]hWd cWoeh‡W" de h[if[jWd YkhlWi" i[‹Wb[i Z[ jh|d# i_je d_ gk[ bW YWbpWZW [ijƒ ce`W# ZWÇ" Yec[djÂŒ bW ck`[h$ E\_Y_Wbc[dj[" bW <[Z[hWY_ÂŒd DWY_edWb Z[ 9eef[hWj_lWi Z[ JhWdifehj[ F‘Xb_Ye Z[ FWiW`[he <[dWYej_f i[ cWdj_[d[ [d gk[ de [i kd _dYh[c[dje Z[ fWiW`[i i_de kd Æh[W`kij[ Z[ jWh_\WiÇ" Z[ WYk[hZe Yed kdW jWXbW gk[ oW [ijkle WfheXWZW ^WY[ ckY^ei W‹ei f[he de jeZWi bWi Yeef[hW# j_lWi bW ^_Y_[hed [\[Yj_lW$
¥ ēŊ .2Ŋ!.-"4!3.1#2Ŋ"#Ŋ31 -2/.13 !(¢-Ŋ(-3#1/1.5(-!( +Ŋ#23;-Ŋ2 3(2$#!'.2Ŋ!.-Ŋ+ Ŋ,#"(" ēŊ
¥ ēŊ .2Ŋ#234"( -3#2Ŋ"#Ŋ#23.2Ŋ!#-31.2Ŋ2#Ŋ'(!(#1.-Ŋ(-!+42.Ŋ!412.2Ŋ"#Ŋ/1#Ĺ / 1 !(¢-Ŋ/ 1 Ŋ#23 Ŋ/14# ēŊ
&/'()-Ĺ‹ Ĺ‹/(#0 ,-# -Ĺ‹ Ä’ Ä“Ä…Ĺ‹ (Ĺ‹ 2 ' (Ĺ‹' ˜ ( ;d jejWb" /$'(. [ijkZ_Wdj[i Z[ Y_ÂŒd de W\[YjWh|d [d ik ^_ijeh_Wb bWi kd_l[hi_ZWZ[i Z[ YWj[]eh‡W ; WYWZƒc_Ye fehgk[ bWi dejWi de i[h|d [djh[]WZWi W bWi h[dZ_h|d cW‹WdW bW fhk[# kd_l[hi_ZWZ[i$ XW Z[ [lWbkWY_ÂŒd Z[ h[# ĹŠ :[ jeZWi \ehcWi" gk_[# ikbjWZei Z[b Wfh[dZ_pW`[" Z[iZ[ bWi &/0&& ^WijW bWi #ĹŠ1#!.,(#-" ĹŠ d[i eXj[d]Wd h[ikbjWZei ')0&&" [d (, i[Z[i W d_l[b 04#ĹŠ+.2ĹŠ#234"( -Äą ieXh[iWb_[dj[i i‡ i[h|d h[YedeY_Zei Yed kd Z_# dWY_edWb" kX_YWZWi [d '- 3#2ĹŠ 2(23 -ĹŠ "#2"#ĹŠ+ 2ŊđĖĊćŊ /.104#ĹŠ ĹŠ/ 13(1ĹŠ fbecW$ Bed] jWcX_ƒd Y_kZWZ[i$ "#ĹŠ+ 2ŊĒĖććŊ8 ĹŠ-.ĹŠ Bei [ijkZ_Wdj[i de fe# /."1;-ĹŠ(-%1#2 1Ä“ Wi[]khÂŒ gk[ [ij[ de [i kd _dijhkc[dje fWhW [lWbkWh Zh|d _d]h[iWh Yed d_d]‘d W bei [ijkZ_Wdj[i i_de W bWi eX`[je f[hiedWb" Yece ce# Y^_bWi" b|f_Y[i e Y[bkbWh[i" ĹŠ kd_l[hi_ZWZ[i" Wkdgk[ jeZWl‡W de i[ ^WY[ f‘Xb_# oW gk[ i[ b[i fhefehY_edW# Ye Yk|b i[h| [b fehY[djW`[ h| jeZe be d[Y[iWh_e fWhW Z[ _dY_Z[dY_W Z[ [ij[ ‡j[c h[dZ_h iki [n|c[d[i$ IÂŒbe +ĹŠ+(23 ".ĹŠ"#ĹŠ+.2ĹŠ +4,-.2ĹŠ04#ĹŠ feZh|d bb[lWh kdW YWbYkbW# "# #-ĹŠ1#-"(1ĹŠ+ ĹŠ Z[djhe Z[ bW [lWbkWY_ÂŒd$ ;b fheY[ie jWcX_ƒd ZehW de fhe]hWcWXb[ fWhW #5 +4 !(¢-ĹŠ2#ĹŠ #-!4#-31 ĹŠ"(2/.Äą -( +#ĹŠ/.1ĹŠ4-(5#1Äą YedjWh| Yed l[[Zeh[i Z[b Y|bYkbei cWj[c|j_Yei$ 2(" "#2ĹŠ#-ĹŠ+ ĹŠ ?dij_jkje ?dj[hdWY_edWb BW [lWbkWY_ÂŒd j[dZh| /;%(- ĹŠ6# Ä–ĹŠ Äľ!# !#2Ä“ fWhW bW ;ZkYWY_ÂŒd Ikf[# Zei fWhj[i" kdW Z[ Z[i# '33/Ä–Äľ %. Ä“#!Ä“ h_eh [d 7cƒh_YW BWj_dW o jh[pWi ][d[hWb[i o kdW Z[ [b 9Wh_X[ ?[iWbY " gk[ [i Z[ijh[pWi [if[Y‡ÒYWi Z[ ik kd eh]Wd_ice Z[ bW Kd[iYe" gk[ YWhh[hW$ =k_bbWkc[ Bed]" fh[i_Z[d# i[ Z[Z_YW W bW fheceY_ÂŒd Z[ bW j[ Z[b 9edi[`e Z[ ;lWbkWY_ÂŒd" [ZkYWY_ÂŒd ikf[h_eh$ 7Yh[Z_jWY_ÂŒd o 7i[]khWc_[dje Z[ bW 9Wb_ZWZ Z[ bW ;ZkYWY_ÂŒd # ĹŠ+ ĹŠ+(23 ĹŠ"#ĹŠ+ 2 ĉÄ?ĹŠ2#"#2ĹŠ#-Ä–ĹŠ Ikf[h_eh 9[WWY[i " [nfb_YÂŒ gk[ 666Ä“+ '.1 Ä“!.,Ä“#! bei h[ikbjWZei Z[ [ijW [lWbkW#
, -# (. Ĺ‹3Ĺ‹ - ' & v-. +/ (Ĺ‹ / , Ĺ‹ Ĺ‹& 3Ĺ‹ Ĺ‹, * .# #š(Ĺ‹ BW fhÂŒn_cW i[cWdW i[ lejWh‡W _]kWb fWhW jeZeiÇ" Wkdgk[ [ij| [b fheo[Yje Z[ b[o Z[ h[f[j_Y_ÂŒd" Z[ WYk[hZe Z[ de _dYbk_h Wb Fh[# i[]‘d [b fh[i_Z[dj[ Z[ bW 7iWc# i_Z[dj[" Z[X_Ze ÆW gk[ Ykcfb[ Xb[W" <[hdWdZe 9ehZ[he$ ;ijW ejhWi \kdY_ed[iÇ$ Feh ik fWhj[" 9ƒiWh HeZh‡# dehcWj_lW h[]kbW bei c[YWd_i# cei gk[ f[hc_j[d gk[ [b ;ijWZe ]k[p [n F7?I i[‹WbÂŒ gk[ [ije h[Ykf[h[ bei lWbeh[i gk[ ^WoWd i[ XWiW [d bW \kdY_ÂŒd Z[ b[]_ibWh o Yeb[]_ibWh gk[ j_[d[d bei i_Ze fW]WZei Yece _dZ[c# \kdY_edWh_ei$ Æ;i kdW h[i# d_pWY_ÂŒd e h[fWhWY_ÂŒd" feh ĹŠ fediWX_b_ZWZ feh [b X_[d Z[cWdZWi [d YedjhW Z[ Yec‘dÇ" i[‹WbÂŒ" ^WY_[dZe \kdY_edWh_ei f‘Xb_Yei$ I_d [cXWh]e" [d bW fWhj[ +ĹŠ/.-#-3#ĹŠ"#ĹŠ #23#ĹŠ/1.8#!3.ĹŠ"#ĹŠ h[\[h[dY_W W gk[ feZh‡W Ă’dWb Z[b Whj‡Ykbe jh[i" i[‹W# +#8ĹŠ#2ĹŠ#+ĹŠ 2 ,Äą W\[YjWh [iW bWXeh$ +#~23 ĹŠ 41.ĹŠ I_d [cXWh]e" cWd_\[i# bW gk[ de i[ feZh| [`[hY[h -"(-.Ŋĸ ĚēŊ jÂŒ gk[ [d [b YWie Z[ gk[ bW WYY_ÂŒd Z[ h[f[j_Y_ÂŒd [d Yed# 9ec_i_ÂŒd ?dj[hWc[h_YWdW jhW Z[ bei WiWcXb[‡ijWi e [b Z[ :[h[Y^ei >kcWdei 9?:> Fh[i_Z[dj[ Z[ bW H[f‘Xb_YW$ fki_[hW kdW _dZ[cd_pWY_ÂŒd Wb ;ijWZe feh bW Z[cWdZW YebeYWZW /(-(.-#2 FWhW 8[jjo 9Whh_bbe F7?I " de feh Z_Wh_e ;b Kd_l[hie" ÆZ[`Wh‡W i[ Z[X[h‡W _dYbk_h W bei WiWc# Wb Fh[i_Z[dj[ i_d d_d]kdW h[i# Xb[‡ijWi fehgk[ Æ[b jhWje Z[X[ i[h fediWX_b_ZWZÇ$
ƒ ą
7 ĀăĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä‚Ĺ?
Ĺ? +. ÄŒĹ?
(Ĺ‹.,6#& ,Ĺ‹- Ĺ‹ #( ( # Ĺ‹ (Ĺ‹ &Ĺ‹ * -)Ĺ‹& . , &Ĺ‹ Ĺ‹ ' .)
d[kjhWb_pÂŒ jeZe o c[ \k_ YedjhW kd feij[ Z[ bkp$ Bk[]e" Z_e bW lk[bjW [b jh|_b[h o c[ gk[Zƒ WjhW# fWZe YkWdZe [cf[pÂŒ [b _dY[d# Z_eÇ WĂ’hcÂŒ Z[iZ[ kdW YWc_bbW Z[b |h[W Z[ eXi[hlWY_ÂŒd Z[b >ei# f_jWb :eY[dj[ 7cXWje" bk[]e Z[ gk[ \k[hW h[iYWjWZe feh bei ce# hWZeh[i Z[b i[Yjeh$ <Wkije HWc‡h[p" j[ij_]e Z[b f[hYWdY[" \k[ kde Z[ bei fh_c[# hei bb[]Wh fWhW iWYWhbe Z[ bWi bW# jWi h[jehY_ZWi$ Æ9ed c_ ^[hcWde o ejhei cehWZeh[i" WokZWcei W h[iYWjWh Wb ^ecXh[" gk[ ]h_jWXW feh Wkn_b_e" ^WijW gk[ bW WcXk# bWdY_W bb[]k[Ç$
ěŊ ĹŠ Cec[djei Z[ f|d_Ye l_l_[hed Wo[h bei ^WX_jWdj[i Z[b 4!' 1.-ĹŠ!.-31 ĹŠ#+ĹŠ$4#%. i[Yjeh Z[ BWi L_‹Wi" [d [b C|i Z[ Zei ^ehWi bei ĂˆYWiW# fWie bWj[hWb Z[ 7cXWje" YWi he`WiÉ Whhe`WXWd W]kW o bk[]e Z[ gk[ kd jh|_b[h ĹŠ [ifkcW Wb jWdgk[he gk[ lebYWhW" jkcXWhW Zei fei# [ijWXW [d bbWcWi$ CWhYe
4+(.ĹŠ 5(+ -#2ĔŊ I|dY^[p" `[\[ ef[hWj_le Z[ j[i o i[ _dY[dZ_WhW$ "4# .ĹŠ"#ĹŠ4- ĹŠ EYkhh_ÂŒ W bWi &-0(& Z[ #,/1#2 ĹŠ1#/ 13(Äą bei XecX[hei" _d\ehcÂŒ gk[ W]ejWhed jeZei bei ]Wbed[i Wo[h" Z[ WYk[hZe Yed bW ".1 ĹŠ"#ĹŠ %4 ĔŊ ".-¢ŊĉćēćććŊ l[hi_ÂŒd Z[ Bk_i Fƒh[p" Yed# +(31.2ĹŠ/ 1 ĹŠ3#1,(Äą Z[ [ifkcW fWhW ie\eYWh [b _dĂ“WcWXb[ b‡gk_Ze$ ZkYjeh Z[ bW kd_ZWZ" gk_[d - 1ĹŠ"#ĹŠ2.$.! 1ĹŠ + 2ĹŠ++ , 2Ä“ Bk[]e Z[ [ie" kdW ]h‘W ieXh[l_l_ÂŒ$ DWhhÂŒ gk[ l_W# fh_lWZW \k[ bW [dYWh]WZW `WXW Z[iZ[ BW JhedYWb ^W# Z[ h[cebYWh bW kd_ZWZ Wb fWj_e Y_W Gk_je fWhW [djh[]Wh WbYe^eb$ ÆI[ c[ \k[hed bei \h[dei" i[ Z[ h[j[dY_ÂŒd Z[ JejehWi$
¥ ēŊ -Ŋ"#2+ 5#Ŋ ! ¢Ŋ!.-Ŋ4- Ŋ'4,(+"#Ŋ5(5(#-" ĔŊ#-Ŋ#+Ŋ2#!3.1Ŋ Ŋ #1!#"ĔŊ"#Ŋ ( 2ē
(.)( -Ĺ‹ Ĺ‹ &Ĺ‹ ,)Ĺ‹ -/ , (Ĺ‹*),Ĺ‹ &Ĺ‹#(0# ,()
.2ĹŠ"#2+ 5#2ĹŠ3(#-#-ĹŠ#-ĹŠ9.9. 1 ĹŠ ĹŠ 3." ĹŠ+ ĹŠ/. + !(¢-Ä“ĹŠ 8#1ĹŠÄˆÄ‰Ä‡ĹŠ$ ,(+( 2ĹŠ $4#1.-ĹŠ"#!+ 1 " 2ĹŠ#-ĹŠ1(#2%.ĹŠ+ 3#-3#Ä“ĹŠ
Â&#x; ěŊ BW YWiW Z[ CWh_dW 9W#
Â&#x; Ä“ĹŠ -ĹŠ#+ĹŠ+4% 1ĹŠ"#+ĹŠ/#1! -!#ĹŠ+ ĹŠ(, %#-ĹŠ#1 ĹŠ /.! +~/3(! Ä“
")3)Ĺ‹ (Ĺ‹,# -!)Ĺ‹ Ĺ‹ +/ ,Ĺ‹ #-& )Ĺ‹*),Ĺ‹&&/0# -Ĺ‹ ěŊ IeXh[ bW Wkjef_ijW 8W# ZWZ$ 7X[b_de Ck‹ep" YedZkYjeh Z[ XW^eoe#@k`Wd" [d f[b_]he Z[ gk[# kdW YWc_ed[jW ZeXb[ YWX_dW" i[‹WbÂŒ ZWh W_ibWZei" Z[iZ[ Wo[h bei l[^‡# gk[ ik l[^‡Ykbe i[ WfW]ÂŒ fehgk[ [d# Ykbei b_l_Wdei de be]hWhed jhÂŒ W]kW [d [b [iYWf[$ fWiWh feh bW YWdj_ZWZ Z[ W]kW kX_YWZW [d [b i[Yjeh ĹŠ #"(" 2 Z[b YWdY^ÂŒd Z[ Jh|di_je$ >k]e LWbb[" Z_h[Yjeh Z[b ;b C_d_ij[h_e Z[ JhWdi# ĹŠ(-23 + !(¢-ĹŠ"#ĹŠ CJEF" Wi[]khÂŒ gk[ kdW l[p gk[ XW`[d bWi W]kWi fehj[i o EXhWi F‘Xb_YWi /+45(¢,#31.2ĹŠ 43.,;3(!.2ĹŠ8ĹŠ CJEF jecÂŒ c[Z_ZWi #23 !(.-#2ĹŠ'("1.Äą fheY[Z[h|d W ^WY[h ck# YebeYWdZe i[‹Wb[i Z[ WZ# +¢%(! 2ĹŠ2.-ĹŠ,#"(Äą hei fWhW gk[ [b W]kW de " 2ĹŠ/ +( 3(5 2Ä“ ikf[h[ bW l‡W$ l[hj[dY_W$ 7 kd YedZkYjeh" @kWd HeiWb[i" i[ b[ WfW]ÂŒ Bei eh]Wd_icei Z[ ie# [d c[Z_W ĂˆbW]kdWÉ ik \kh]ed[jW o Yehhe o bei ]eX_[hdei fhel_dY_W# jkle gk[ i[h h[cebYWZe feh f[h# b[i o ckd_Y_fWb[i i[ ^Wd l_dYk# iedWi gk[ [ijWXWd [d [b i_j_e$ bWZe fWhW _cfb[c[djWh i_ij[cWi Kd feb_Y‡W gk[ [ijWXW [d [b bk]Wh Z[ Wb[hjW j[cfhWdW fWhW c_j_]Wh h[Yec[dZÂŒ W bei YedZkYjeh[i Z[ l[# bei _cfWYjei d[]Wj_lei [d pedWi ^‡Ykbei ]hWdZ[i gk[ XW`[d bW l[beY_# feXbWZWi$
Xh[hW BWlWdZW" [d Ykoe _dj[# h_eh l_l‡Wd YkWjhe \Wc_# b_Wi Z[ [iYWiei h[Ykhiei ĹŠ [YedÂŒc_Yei \k[ WhhWiWZW !!(.-#2 bW cW‹WdW Z[ Wo[h feh [b :[ _dc[Z_Wje" c_[cXhei beZe gk[ XW`ÂŒ Z[b Y[hhe 2ĹŠ$ ,(+( 2ĹŠ#5 Äą Z[b 9E; WYkZ_[hed W bW !4 " 2ĹŠ#23;-ĹŠ FWjW =hWdZ[É e ĂˆY[hhe Z[ + #1% " 2ĹŠ#-ĹŠ+ ĹŠ pedW Z[b Z[iWijh[ fWhW 2!4#+ ĹŠ".!3.1ĹŠ 9h_ijeÉ$ b[lWdjWh kd _d\ehc[ o #"#1(!.ĹŠ ;ijW [i bW i[]kdZW .-9;+#9ĹŠ XkiYWh bei c[YWd_icei 4;1#9Ä“ l_l_[dZW Z[ijhepWZW fWhW h[kX_YWh W Y[hYW Z[ feh bei Z[ib_pWc_[djei +& \Wc_b_Wi Z[ bW Y_kZWZ[# Z[ [ijW c_icW [b[lWY_ÂŒd Yece bW BW C[hY[Z gk[ W‘d [ij|d Wbe# Yedi[Yk[dY_W Z[ bW \k[hj[ [i# `WZWi [d iki l_l_[dZWi o [l_jWh Z[i]hWY_Wi feij[h_eh[i$ jWY_ÂŒd _dl[hdWb gk[ ^W ]ebf[WZe ZkhWc[dj[ ĹŠ BW Zh|cWj_YW i_jkWY_ÂŒd cWdj_[d[ fh[eYkfWZW de Wb YWdjÂŒd F_‹Wi o W iki fWhhegk_Wi$ iÂŒbe W bW feXbWY_ÂŒd" i_de ;2ĹŠ! 2 2ĹŠ"#+ĹŠ De i[ h[]_ijhWhed 2#!3.1ĹŠ!.11#-ĹŠ jWcX_ƒd W iki Wkjeh_ZWZ[i /#+(%1.ĹŠ"#ĹŠ2#1ĹŠ gk[ [YedÂŒc_YWc[dj[ i[ l‡Yj_cWi gk[ bWc[djWh" 2#/4+3 " 2Ä“ fehgk[ bei c_[cXhei i_[dj[d Æ_cfej[dj[iÇ fWhW fh[l[d_h o i[]k_h iefeh# Z[ bWi YkWjhei \Wc_b_Wi \k[hed [lWYkWZei [d Z‡Wi Wdj[# jWdZe bei [ijhW]ei Z[b _dl_[hde$ h_eh[i" jhWi [b _dc_d[dj[ f[b_]he gk[ Yehh‡Wd" jhWi bei fh_c[hei ;2ĹŠ"#2314!!(¢-ĹŠ Z[hhkcX[i [d [ijW pedW$ ;d F_‹Wi jWcX_ƒd i[ ^Wd Z[i# ;b WbYWbZ[" @ei[f^ 9k[lW jhepWZe YWc_dei l[Y_dWb[i o =edp|b[p" fh[i_Z[dj[ Z[b 9ec_jƒ YWhh[j[hWi" i[ ^Wd jWfedWZe Z[ Ef[hWY_ed[i Z[ [c[h][dY_W WbYWdjWh_bbWi" ^Wd YW‡Ze l_l_[d# 9E; Z[ F_‹Wi" [ijkle Z[iZ[ bWi ZWi [d bWi fWhhegk_Wi hkhWb[i o fh_c[hWi ^ehWi Z[ bW cW‹WdW [d [ij|d [d f[b_]he jWcX_ƒd YWiWi [b i[Yjeh Z[ bW 9_kZWZ[bW BW C[h# [d [b 8Whh_e IWd @eiƒ" [d bW 9_k#
/ 3 -ŋ()ŋ (., ,6ŋ (ŋ ' ,! ( # ěŊŊ =kWoWi de i[h|
ÂĄ Ä“ĹŠ ĹŠ%#-3#ĹŠ3(#-#ĹŠ04#ĹŠ! ,(- 1ĹŠ#-ĹŠ4-ĹŠÄĽ1~.ĹŠ#-ĹŠ/+#- ĹŠ!(4" "ÄŚÄ“ĹŠ
Y[Z o eXi[hlΠ`kije YkWdZe [b Y[hhe i[ Z[ifbecΠo YWoΠieXh[ bW l[jkijW YWiW$
Z[YbWhWZW [d [c[h][dY_W Yece be ^WX‡W ieb_Y_jWZe [b fh[\[Yje" @_cco @W_hWbW" fehgk[ bW I[Yh[jWh‡W DWY_e# dWb Z[ =[ij_Œd Z[ H_[i]e ID=H Z[Y_Z_Œ Z[i[Y^Wh [b f[Z_Ze$ CWh‡W Z[b F_bWh 9ehd[`e" j_jkbWh Z[ bW [dj_ZWZ" Z_`e gk[
bW B[o Z[ ;c[h][dY_W ?dj[hYWd# jedWb Z[Yh[jW gk[ YWZW Ckd_Y_# f_e fk[Z[ ceZ_Ă’YWh ik fbWd Z[ [c[h][dY_W o kj_b_pWh ik fh[ik# fk[ije Yece c[`eh be Yh[W Yed# l[d_[dj[$ 7]h[]ÂŒ gk[ [d YWie Z[ ikf[# hWhi[ [b lWbeh fh[ikfk[ijWZe o Z[ij_dWZe feh bW `kh_iZ_YY_ÂŒd" bW I[Yh[jWh‡W WYkZ_h| Z_h[YjWc[dj[ W kd cƒjeZe Z[ ieYehhe$ ÆBWi [c[h][dY_Wi i[ Wj_[dZ[d W c[Z_ZW [d gk[ lWd ikY[Z_[d# Ze$ Feh [`[cfbe" [d [b YWie Z[ bW l‡W =kWoWgk_b#CWY^WbW" [b C_# d_ij[h_e Z[ JhWdifehj[ o EXhWi F‘Xb_YWi CJEF ^W YebeYWZe
4 - 9;-Ŋ2#Ŋ 2(#-3#Ŋ#-Ŋ#+Ŋ.+5(". ŊŊŊ (#-31 2Ŋ#-Ŋ 4 - 9;-ĔŊ! -3¢-Ŋ ŗ 14, ĔŊ2#Ŋ2(#-3#-Ŋĥ#-Ŋ#+Ŋ!.,/+#3.Ŋ
-".-.ĹŠ8 ĹŠ04#ĹŠ-(-%4- ĹŠ 43.1(" "ĔŊ / 13#ĹŠ"#ĹŠ+ ĹŠ 1#$#!341 ĔŊ2#ĹŠ' !#ĹŠ/1#Äą 2#-3#ĹŠ / 1 ĹŠ /1#23 1+#2ĹŠ 84" ĢŊ /#2#ĹŠ ĹŠ 04#ĹŠ #23;-ĹŠ #-ĹŠ ÄĄ(-,(-#-3#ĹŠ 1(#2%.ĢĔŊ 2#%ĂŒ-ĹŠ"().ĹŠ 4+3.-ĹŠ #11 -.ĔŊ/1#2("#-3#ĹŠ "#ĹŠ+ ĹŠ)4-3 ĹŠ/ 11.04( +Ä“ ÄĄ -ĹŠ #23#ĹŠ 2#!3.1ĹŠ ĸ .!' %41.ĚĔŊ #23;-ĹŠ $#!3 " 2ĹŠ4- 2ŊĉćŊ! 2 2Ŋĸ"#ĹŠ ". #ĚŊ 04#ĹŠ#23;-ĹŠ ĹŠ/4-3.ĹŠ"#ĹŠ! #12#ĹŠ/.1ĹŠ#+ĹŠ (-5(#1-.ŊĸēēēĚēŊ .ĹŠ3#-#,.2ĹŠ2 +(" ĔŊ-.ĹŠ /4#"#-ĹŠ#-31 1ĹŠ+.2ĹŠ5#'~!4+.2ĔŊ2¢+.ĹŠ#2Äą 3 ,.2ĹŠ!149 -".ĹŠ ĹŠ/(#ĹŠ8ĹŠ#-ĹŠ! ++.2ĢĔŊ !.3¢Ŋ#+ĹŠ"(1(%#-3#Ä“
ĹŠ(-!+#,#-!( ĹŠ"#+ĹŠ!+(, ĹŠ-.ĹŠ2¢+.ĹŠ' ĹŠ $#!3 ".ĹŠ+ 2ĹŠ5~ ĹŠ"#ĹŠ !!#2.Ä“ĹŠ .2ĹŠ!4+3(Äą 5.2ĹŠ"#ĹŠ$1_).+ĔŊ, ~9ĹŠ8ĹŠ/ / ĹŠ#23;-ĹŠ!.,Äą /+#3 ,#-3#ĹŠ/#1"(".2Ä“ 8ĹŠ Ä?ćŊ $ ,(+( 2ĹŠ $#!3 " 2ĹŠ 8ĹŠ /.1ĹŠ #+ĹŠ ,.,#-3.ĹŠ2#ĹŠ#-!4#-31 -ĹŠ +.) " 2ĹŠ#-ĹŠ ! 2 2ĹŠ"#ĹŠ$ ,(+( 1#2ĹŠ8ĹŠ5#!(-.2Ä“ĹŠ 23.2ĹŠ' Äą (3 -3#2ĹŠ/("#-ĹŠ04#ĹŠ#+ĹŠ 4-(!(/(.ĹŠ' % ĹŠ 4- ĹŠ(-2/#!!(¢-ĹŠ#-ĹŠ#+ĹŠ+4% 1Ä“ĹŠÄĄ 4#ĹŠ#+ĹŠ2#Äą  .1ĹŠ +! +"#Ŋĸ -(+.ĹŠ .1 ĚŊ2#ĹŠ !4#1"#ĹŠ "#ĹŠ04#ĹŠ 4 - 9;-ĹŠ3 , (_-ĹŠ#7(23#Ģē ÄĄ #1.ĹŠ+ ĹŠ(-2/#!!(¢-ĹŠ+ ĹŠ04#1#,.2ĹŠ8 ĔŊ /.104#ĹŠ+ ĹŠ2(34 !(¢-ĹŠ! " ĹŠ5#9ĹŠ2#ĹŠ#23;ĹŠ %1 5 -".ĢĔŊ 2#5#1¢Ŋ #11 -.Ä“
ZWZ[bW '( Z[ EYjkXh[" [d F_‹Wi =hWdZ[ o [d bW Y_kZWZ[bW IWd <hWdY_iYe$ kd fk[dj[ gk[ [ij| [d YWfWY_# ZWZ feh [b j[cW Z[ bWi bbkl_Wi$ I_ j[d[cei [c[h][dY_Wi" [d ;b Ehe [ijWcei jhWXW`WdZe Yed eXhWiÇ" Z_`e$ -4-" !(.-#2
C_[djhWi jWdje" bei fheXb[cWi gk[ iefehjW bW fhel_dY_W feh bW Yh[Y_ZW Z[ lWh_ei h‡ei" cWdj_[d[ _dYeckd_YWZWi W Wb]kdWi Ye# ckd_ZWZ[i YWcf[i_dWi Z[ bei i[Yjeh[i Z[ JWkhW o @k`Wd$ ;b kie Z[ YWdeWi i[ ^W Yedl[hj_Ze [d [b c[Z_e Z[ jhWdifehj[ Z[ [ijei i_# j_ei$ ;b W]kW ikf[hW bei ) c[jhei Z[ WbjkhW$
/- (Ĺ‹ &Ĺ‹Ĺ‹ ' ,!)Ĺ‹ Ĺ‹ &)-Ĺ‹ # ( -Ĺ‹ Ĺ‹ " 0,)(Ĺ‹ (Ĺ‹ &Ĺ‹ 2., ($ ,) b_j_]_e _d_Y_WZe ^WY[ '. W‹ei YedjhW bW f[jheb[hW 9^[lhed feh YedjWc_dWY_ÂŒd [d bW 7cWped‡W [YkWjeh_WdW [djhÂŒ Wo[h [d kdW dk[lW \Wi[ Yed [b WdkdY_e Z[ gk[ bei Z[cWdZWd# j[i fbWdj[WhWd WYY_ed[i b[]Wb[i [d FWdWc| o L[d[pk[bW fWhW [b [cXWh]e Z[ iki WYj_lei [ _dYbkie Z[ bei Xkgk[i gk[ fWiWd feh [b YWdWb$ Ik c[jW [i be]hWh gk[ bWi Yeh# j[i [d [iei fW‡i[i h[YedepYWd [b \Wbbe Z[ Zei jh_XkdWb[i [YkWje# h_Wdei gk[ YedZ[dWd W bW ckbj_# dWY_edWb [ijWZekd_Z[di[ W fW]Wh c|i Z[ '.$&&& c_bbed[i Z[ ZÂŒbW# h[i feh bei ZW‹ei W bW 7cWped‡W YWkiWZei [djh[ '/,* o '//& feh J[nWYe" kdW YecfW‹‡W gk[ 9^[# lhed WZgk_h_ÂŒ [d (&&'$
7 ĀăĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä‚Ĺ?
Ĺ? +. ÄŒĹ?
Ć
ĔŊ Ŋ ěŊ ;b
ÂĄ Ä“ĹŠ 4#5.2ĹŠ, %(231 ".2ĹŠĹŠ.!4/ 1.-ĹŠ 8#1ĹŠ242ĹŠ! 1%.2Ä“
ŋ*)- -#)( ,)(ŋßÝŋŋŋ )($/ -ŋ ŋ& ŋ
#ĹŠ#234"( ĹŠ+ ĹŠ/.2( (+(" "ĹŠ"#ĹŠ 4,#-3 1ĹŠ 242ĹŠ 31( 4!(.-#2ĹŠ+#% +#2ĹŠ/ 1 ĹŠ#+ĹŠ"#2Äą / !'.ĹŠ"#ĹŠ! 42 2Ä“ ;d kdW i[dY_bbW f[he [cej_lW Y[h[ced_W" '/ Z[ (' Yed`k[Y[i Z[ bW 9ehj[ DWY_edWb Z[ @kij_# Y_W 9D@ \k[hed fei[i_edWZei [d iki YWh]ei o fWhW bW fhÂŒn_# cW i[cWdW i[ Wl_pehW fei_Xb[i YWcX_ei h[if[Yje Z[ iki Yec# f[j[dY_Wi o Wjh_XkY_ed[i$ 7o[h" WYkZ_[hed Zei Z[ bei jh[i leYWb[i Z[b 9edi[`e Z[ bW @kZ_YWjkhW Z[ JhWdi_Y_ÂŒd 9@J " FWkbe HeZh‡]k[p o JWd_W 7h_Wi" [b j_jkbWh Z[ bW 9D@" 9Whbei HW# c‡h[p" o kde gk[ ejhe `k[p j_# jkbWh$ Be gk[ i‡ \k[ dejeh_W bW dkjh_ZW fh[i[dY_W Z[ \Wc_b_Wh[i o Wc_]ei Z[ bei Ă“WcWdj[i ef[# hWZeh[i Z[ `kij_Y_W$
2ĹŠ!.,/#3#-!( 2
#$.1, Ŋ+#% +Ŋ .Ŋ1#2.+4!(¢ŊŊ +Ŋ/1#2("#-3#Ŋ"#+Ŋ ĔŊ 4+.Ŋ .Ĺ ŗ"1~%4#9ĔŊ"#)¢Ŋ (#13 Ŋ+ Ŋ/.2( (+(" "Ŋ
"#Ŋ1#$.1, 1Ŋ#+Ŋ ¢"(%.Ŋ 1%;-(!.Ŋ "#Ŋ+ Ŋ 4-!(¢-Ŋ 4"(!( +Ŋĸ ĚĔŊ#-Ŋ#+Ŋ $;-Ŋ"#Ŋ 4,#-3 1Ŋ+ 2Ŋ 31( 4!(.-#2Ŋ +#% +#2Ŋ04#Ŋ3(#-#-Ŋ !34 +,#-3#Ŋ +.2Ŋ!.-)4#!#2Ŋ8Ŋ!.-)4#9 2Ŋ8Ŋ04#Ŋ /4#" -Ŋ!.-31( 4(1Ŋ +Ŋ"#2/ !'.Ŋ"#Ŋ + 2Ŋ! 42 2Ŋ1#/1#2 " 2ē +Ŋ$4-!(.- 1(.Ŋ3 , (_-Ŋ"().Ŋ 04#Ŋ2#Ŋ 1 ) Ŋ+ Ŋ/.2( (+(" "Ŋ"#Ŋ !1# 1Ŋ2 + 2Ŋ3#,/.1 +#2Ŋ#-Ŋ+ Ŋ ēŊ +Ŋ! ,(-.ĔŊ %1#%¢ĔŊ/."1~ Ŋ2#1Ŋ4- Ŋ 1#$.1, Ŋ +Ŋ Ŋ.Ŋ4- Ŋ1#2.+4!(¢-Ŋ "#+Ŋ/+#-.Ŋ"#Ŋ+ Ŋ ĔŊ/#1.Ŋ04#Ŋ#2.Ŋ #-Ŋ24Ŋ,.,#-3.Ŋ2#Ŋ1#2.+5#1;ē
;b fh[i_Z[dj[ Z[ bW 9D@" 9Whbei HWc‡h[p" Z_`e gk[ ^WijW ^WY[ feYe" bW Wjh_XkY_ÂŒd o Yecf[# fWhW YWb_\_YWh ^Wo gk[ Z[j[h# j[dY_W Z[ bei Yed`k[Y[i [hW iki# c_dWh" WdWb_pWh o YedYbk_h bW fheY[Z_X_b_ZWZ$ I[‹WbÂŒ j_jk_h e h[[cfbWpWh Wb `k[p j_jkbWh" f[he Yed bW l_][d# ĹŠ jWcX_ƒd gk[ ejhe fkdje Z[ _cfehjWdY_W [i eh]W# Y_W Z[b 9ÂŒZ_]e Eh]|d_Ye Z[ bW <kdY_ÂŒd @kZ_Y_Wb" [iWi #ĹŠ+.2ĹŠÄŒÄ‰ĹŠ(-3#Äą d_pWh bei \Wbbei" Z[j[h# Yecf[j[dY_Wi Yh[Y_[hed" %1 -3#2ĹŠ"#ĹŠ+ ĹŠ c_dWh bei Wdj[Y[Z[dj[i jWb [i [b YWie Z[ gk[ W^e# Ä”ĹŠÄˆÄ?ĹŠ2.-ĹŠ ,4)#1#2ĔŊ+.ĹŠ04#ĹŠ `kh_ifhkZ[dY_Wb[i fWhW fhefehY_edWhbei W bei hW j_[d[d gk[ YWb_Ă’YWh bei 1#/1#2#-3 ĹŠ#+ĹŠ ÄŒÄ‡Ä“ÄŒÄ‘Ĺ˜Ä“ `k[Y[i" o [ijW [i kdW h[Ykhiei Z[ YWiWY_ÂŒd" Yed WYj_l_ZWZ jWcX_ƒd Z[ [nY[fY_ÂŒd Z[b |h[W f[dWb" fWhW gk[ i[ WZc_jW e _dWZ# jhWiY[dZ[dY_W" fehgk[ ^Wh|d kd Wd|b_i_i `kh‡Z_Ye Z[b c_jW [b h[Ykhie$ ;ijW Wjh_XkY_ÂŒd" W]h[]ÂŒ" lW j[cW" Yed bei fh[Y[Z[dj[i `k# c|i Wbb| Z[ be \ehcWb fehgk[ h_ifhkZ[dY_Wb[i$
ĹŠ+(23
.2ĹŠ!.-)4#!#2ĹŠ
ŗŊ ~" Ŋ $#+( Ŋ + !(.2Ŋ .1.-#+Ŋ #1(.Ŋ .11#2Ŋ #% + ".Ŋ ŗŊ -1(04#Ŋ ( ŗŊ "% 1Ŋ 4(++#1,.Ŋ 15;#9Ŋ 2.2Ŋ ŗŊ "% 1Ŋ (+$1(".Ŋ +.1#2Ŋ (#1Ŋ ŗŊ 4 -Ŋ .-9 +.Ŋ .-3#1.Ŋ ';5#9Ŋ #9 2Ŋ ŗŊ (!' 1"Ŋ}3 +.Ŋ (++ %¢,#9Ŋ ŗŊ +#) -"1.Ŋ %-.Ŋ 13# % Ŋ 1!~ Ŋ #13.Ŋ 404#Ŋ 4(9Ŋ ŗŊ $1 ~-Ŋ 4, ŗŊ _!3.1Ŋ 1!#+(.Ŋ .204#1 Ŋ 9,( .Ŋ ŗŊ (2#1Ŋ +,#".Ŋ 1_5 +.Ŋ 19 ++.Ŋ ŗŊ 423 5.Ŋ 41 -%.Ŋ #+ Ŋ ;-Ŋ ŗŊ 1 -!(2!.Ŋ 3411 +"#Ŋ + ŗŊ 2! 1Ŋ #-_Ŋ -1~04#9Ŋ (++ 1# +Ŋ ŗŊ 4+(#3 Ŋ % +8Ŋ .+#"(2/ Ŋ .1.Ŋ ŗŊ 1~ Ŋ .-24#+.Ŋ #1#"( Ŋ #1.5(Ŋ ŗŊ -(#++ Ŋ (2#33#Ŋ , !'.Ŋ #1.+"Ŋ ŗŊ -#3'Ŋ #!(+( Ŋ -3 , 1~ Ŋ !41(.Ŋ ŗŊ .2 Ŋ # 31(9Ŋ 4;1#9Ŋ 1,().2Ŋ ŗŊ .2 Ŋ 4+#, Ŋ !' ! , Ŋ (#3.Ŋ ŗŊ .2_Ŋ 4(2Ŋ #1;-Ŋ 4;1#9Ŋ ŗŊ .2 Ŋ !04#+(-#Ŋ:+5 1#9Ŋ ++. Ŋ #1#!'.2Ŋ"#Ŋ+ 2Ŋ,4)#1#2
@Wd[j^ IWdjWcWh‡W" Yed`k[# pW _Z[dj_\_YWZW Yed bei ce# l_c_[djei Z[ Z[\[diW Z[ bei Z[h[Y^ei Z[ bWi ck`[h[i" Wb ^WXbWh [d decXh[ Z[ bei Yed# `k[Y[i o Yed`k[pWi fei[i_edW# Zei" Z_`e gk[ jeZei Z[X[d [i# jWh Yecfhec[j_Zei Wb i[hl_Y_e Z[ bW dWY_Œd o de fWhW d_d]‘d hƒ]_c[d feb‡j_Ye d_ fWhW iWj_i# \WY[h _dj[h[i[i c[Z_|j_Yei Z[b feZ[h" i_de fWhW bei Y_kZWZW# dei Z[ YWhd[ o ^k[ie" fWhW bWi l‡Yj_cWi o bei e\[dZ_Zei$ BWi Yed`k[pWi HeiW Ik|h[p 7hc_`ei o 7‡ZW FWbWY_ei 9e# hed[b de WYkZ_[hed W bW Y[h[# ced_W Z[ fei[i_Œd" i[]‘d i[ _d\ehcŒ" feh YWbWc_ZWZ Ze# cƒij_YW$
.2ĹŠ !3(5.2
BW F[jheb[hW YWh[Y[ Z[ WYj_lei [d ;YkWZeh" feh be gk[ bei Z[# cWdZWdj[i WYkZ_h|d W j[hY[hei fW‡i[i ZedZ[ 9^[lhed i‡ bei j_[# d[" i[]‘d WdkdY_ÂŒ Wo[h [d kdW hk[ZW Z[ fh[diW FWXbe <W`WhZe" kde Z[ iki WXe]WZei Z[ bei Z[# cWdZWdj[i" gk_[d Z_`e gk[ b[ eXb_]Wh|d W fW]Wh Æ^WijW [b ‘bj_# ce Y[djWleÇ$ ÆFWdWc| dei fWh[Y[ kd i_j_e cko _cfehjWdj[" feh W^‡ fWiWd jeZei bei Xkgk[i bb[dei Z[ f[# jhÂŒb[e Z[ bW [cfh[iW 9^[lhed o ied [nYbki_lWc[dj[ Z[ [bbei$ L[d[pk[bW jWcX_ƒd [i kd fW‡i _cfehjWdj[" ^Wo ckY^ei WYj_lei Z[ 9^[lhed jWcX_ƒd Wbb‡$ De ied bei ‘d_Yei$ >[cei Z_Y^e gk[ lWcei W _h W lWh_ei Yedj_d[dj[iÇ" Wi[l[hÂŒ$
Ä“ĹŠ .2ĹŠ .% ".2ĹŠ +.ĹŠ ) 1Äą ".ĹŠ8ĹŠ 4 -ĹŠ #-2ĹŠ -4-!( 1.-ĹŠ 8#1ĹŠ04#ĹŠ /1#2#-3 1;-ĹŠ !!(.-#2ĹŠ+#% +#2ĹŠ!.-31 ĹŠ '#51.-Ä“
#-3#-!( !!(.-#2
ĹŠ ĹŠ .13#ĹŠ"#ĹŠ+ ĹŠ/1.5(-!( ĹŠ"#ĹŠ 4!4, ~.2ĹŠ Ĺ—1 3(ă!¢Ŋ+ ĹŠ.1"#-ĹŠ"#ĹŠ#)#!4!(¢-ĹŠ"#ĹŠ+ ĹŠ!.-Äą "#- ĹŠ!.-31 ĹŠ '#51.-Ä“
ĹŠ +ĹŠ 1( 4- +ĹŠ3 , (_-ĹŠ2#ĹŠ' ĹŠ-#% ".ĹŠ ĹŠ Ĺ— ! 3 1ĹŠ4-ĹŠ"(!3 ,#-ĹŠ#,(3(".ĹŠ#-ĹŠ$# 1#1.ĹŠ/.1ĹŠ 4-ĹŠ31( 4- +ĹŠ 1 (31 +ĹŠ(-3#1- !(.- +Ä“
.2ĹŠ/1.8#!3.2
9^[lhed fWhj_Y_fW [d i[_i fhe# o[Yjei Z[ ^_ZheYWhXkhei [d L[# d[pk[bW `kdje Yed bW [cfh[iW [ijWjWb FZliW o [d (&'& Xec# X[ÂŒ c|i Z[ '&&$&&& XWhh_b[i Z[ YhkZe Wb Z‡W [d [i[ fW‡i" i[]‘d iki ‘bj_cei ZWjei Z_lkb]WZei" c_[djhWi gk[ FWdWc| [i bk]Wh Z[ jh|di_je Z[ iki [dl‡ei$ @Wc[i 9hW_]" fehjWlep Z[ bW YecfW‹‡W" Z_`e gk[ bWi \kjkhWi Z[cWdZWi de Z[X[h‡Wd f[h`k# Z_YWh iki ef[hWY_ed[i [d WcXei fW‡i[i fehgk[ [d ik ef_d_ÂŒd bWi h[Y^WpWh| YkWbgk_[h 9ehj[ Ægk[ Z[Ă’[dZW [b [ijWZe Z[ Z[h[Y^eÇ$
/ 0 Ĺ‹*& . ),' * , Ĺ‹ )() ,Ĺ‹& -Ĺ‹ /- Kd i_ij[cW _dj[]hWZe fWhW bW WZc_d_ijhWY_ÂŒd Z[ [nf[Z_[d# j[i `kZ_Y_Wb[i" gk[ f[hc_j_h| W bei WZc_d_ijhWZeh[i Z[ `kij_Y_W j[d[h kd i_ij[cW Yed jeZW bW _d\ehcWY_ÂŒd ieXh[ bWi YWkiWi" i[ _cfb[c[djWh| [d [b fW‡i" i[# ]‘d _d\ehcÂŒ JWd_W 7h_Wi" leYWb Z[b 9edi[`e Z[ bW @kZ_YWjkhW Z[ JhWdi_Y_ÂŒd 9@J $ ;b WdkdY_e be ^_pe [d bW YbWk# ikhW Z[ bW j[hY[hW hedZW fh[# fWhWjeh_W fWhW bW NL? 9kcXh[ @kZ_Y_Wb ?X[heWc[h_YWdW gk[ h[Wb_pÂŒ [d Gk_je$ Æ;b i_ij[cW W bW l[p f[hc_j_h| W bei Y_kZWZWdei ^WY[h YedikbjWi [d b‡d[W" [d YWZW kdW Z[ bWi \Wi[i gk[ i[ [dYk[djh[dÇ" Z_`e 7h_Wi$ BW leYWb Z[b 9@J cWd_\[ijÂŒ gk[ [b i_ij[cW Z[ `kij_Y_W ($& Yedj[dZh| ZWjei [ijWZ‡ij_Yei" Z[ bWi YWkiWi o cWj[h_Wi gk[ [n_ij[d [d [b fW‡i$ Æ;ij[ i_ij[cW dei lW W f[hc_j_h
ĹŠ!(3
-!4#-31. ŊĉćŊ/ ~2#2Ŋ,(#, 1.2Ŋ"#Ŋ+ Ŋ!4, 1#Ŋ ŗ)4"(!( +Ŋ #1. ,#1(! - Ŋ31 3 1.-Ŋ3#, 2Ŋ
"#Ŋ)423(!( Ŋ,#"(. , (#-3 +ĔŊ3#!-.+¢%(! ĔŊ 31 -2/ 1#-!( ĔŊ1#-"(!(¢-Ŋ"#Ŋ!4#-3 2Ŋ8Ŋ ! / !(3 !(¢-Ŋ Ŋ+.2Ŋ$4-!(.- 1(.2ē
Ŋ 1+.2Ŋ ,~1#9ĔŊ/1#2("#-3#Ŋ"#Ŋ+ Ŋ .13#Ŋ ŗ !(.- +Ŋ"#Ŋ 423(!( ĔŊ, -($#23¢Ŋ04#Ŋ#+Ŋ
#-!4#-31.ĹŠ!.-++#5 ĹŠ +ĹŠ,#).1 ,(#-3.ĹŠ"#ĹŠ+ ĹŠ )423(!( ĹŠ"#ĹŠ+.2ĹŠ/ ~2#2ĹŠ #1. ,#1(! -.2Ä“ĹŠ
YedeY[h ZÂŒdZ[ [ij|d bWi YWkiWi" bei bk]Wh[i" bWi cWj[h_Wi o gkƒ `k[p [ij| YedeY_[dZeÇ" i[‹WbÂŒ$ #+(3.2ĹŠ , (#-3 +#2
:[djhe Z[b cWhYe Z[ bW h[[ijhkY# jkhWY_Œd Z[ bW `kij_Y_W [d [b fW‡i" i[ [ij| WdWb_pWdZe bW Yh[WY_Œd Z[ `kp]WZei WcX_[djWb[i _j_d[hWdj[i [d bW 7cWped‡W o =Wb|fW]ei$
ć
ĹŠ"#23 ! ĹŠ31 ).ĹŠ"#+ĹŠ (!'(-!' ĹŠ#-ĹŠ 2/ Â
+Ŋ/1#23(%(.2.Ŋ"( 1(.Ŋ #6Ŋ .1*Ŋ (,#2Ŋ"#23 !¢Ŋ#23 Ŋ2#, - Ŋ+ Ŋ !3(5(" "Ŋ04#Ŋ1# +(9 Ŋ -!.Ŋ (!'(-!' Ŋ 2/  ēŊ -Ŋ4-Ŋ 13~!4+.Ŋ3(34+ ".Ŋļ -!.Ŋ !4 3.1( -.Ŋ#-!4#-Ĺ 31 Ŋ4-Ŋ-(!'.Ŋ!.-Ŋ,(%1 -3#2Ŋ#-Ŋ 2/  ČĔŊ#+Ŋ (,#2Ŋ/4-34 +(9 Ŋ04#Ŋ24Ŋ/ 13(!(/ !(¢-Ŋ2#Ŋ" Ŋ#-Ŋ,.,#-3.2Ŋ#-Ŋ04#Ŋ+.2Ŋ -!.2Ŋ#2/  .+#2ĔŊ04#Ŋ/1#5( ,#-3#Ŋ' ~ -Ŋ31 Ĺ 3 ".Ŋ"#Ŋ 31 #1Ŋ Ŋ+.2Ŋ,(%1 -3#2Ŋ"#Ŋ ,_1(! Ŋ 3(- ĔŊ#,/#9 1.-Ŋ Ŋ1#3(1 12#Ŋ"#Ŋ#23 Ŋ+~-# Ŋ"#Ŋ-#%.!(.2Ŋ/.1Ŋ+ Ŋ!1(2(2ēŊĥ 4#231 Ŋ!.,/#3#-!( Ŋ"#2.!4/¢Ŋ#+Ŋ#2/ !(.Ŋ04#Ŋ #1 Ŋ-4#231.Ŋ. 5(.Ŋ. )#3(5.ĢĔŊ"().Ŋ .1%#Ŋ 1!';-Ŋ (#1 ĔŊ%#1#-3#Ŋ"#Ŋ (!'(-!' Ŋ#-Ŋ 2/  Ŋ +Ŋ #6Ŋ .1*Ŋ (,#2ē
7 ĀăĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä‚Ĺ?
Ĺ? +. ÄŒĹ?
Ĺ‹ * ,./, Ĺ‹Ĺ‹ )' , # &Ĺ‹ Ĺ‹ /'# " Ĺ‹ )(Ĺ‹Ĺ‹, !& -Ĺ‹Ĺ‹ 41 -3#ĹŠ+ ĹŠ-.!'#ĹŠ2.+.ĹŠ/4#"#ĹŠ/ 2 1ĹŠ ,#1! -!~ ĹŠ04#ĹŠ-.ĹŠ24/#1#ĹŠ+.2ŊĉēćććŊ "¢+ 1#2ĹŠ.ĹŠ#2/#1 1ĹŠ +ĹŠ2(%4(#-3#ĹŠ"~ Ä“ĹŠ BW Wf[hjkhW jejWb Z[b fk[dj[ X_b_jWZe Z[iZ[ bWi &,0&& ^WijW Hkc_Y^WYW 9WhY^_ " gk[ bWi ((0&&" W fWhj_h Z[ [iW ^ehW [hW Y[hhWZe c[# kd[ W ;YkWZeh Yed 9e# becX_W" iebe Wfb_YW fWhW Z_Wdj[ kdW YWZ[dW Yed l[^‡Ykbei fWhj_YkbWh[i" kd YWdZWZe$ :[iZ[ bWi jhWdifehj[ f‘Xb_Ye o Z[ &&0&& Z[b `k[l[i gk[ZÂŒ ĹŠ YWh]W" YkoW c[hYWdY‡W de jejWbc[dj[ WX_[hje" i_d "#ĹŠ% 2ĹŠ2#ĹŠ(-! 4Äą ikf[h[ bei ($&&& ZÂŒbWh[i$ 3 1.-ĹŠ2.+.ĹŠ#-ĹŠ [cXWh]e" fWhW [b j[cW $# 1#1.ĹŠ#-ĹŠ+ ĹŠ ;i Z[Y_h" bei YWh]Wc[djei $1.-3#1 ĹŠ/.1ĹŠ!.-Äą Yec[hY_Wb i[ cWdj_[d[ bW Yec[hY_Wb[i gk[ ikf[h[d h[ijh_YY_ÂŒd fWhW [b fW]e 31 -".Ä“ [i Y_\hW de feZh|d fW# Z[ jh_Xkjei$ ;d [b YWie Z[ gk[ iWh fehgk[ [b ^ehWh_e Z[
kd l[^‡Ykbe fWhj_YkbWh Wj[dY_ÂŒd fWhW b[]Wb_pWh 5#'~!4+.2ĹŠ!(1!4Äą _cfehjWY_ed[i o [nfeh# + -ĹŠ +ĹŠ"~ ĹŠ/.1ĹŠ#+ĹŠ jhWdifehj[ h[fk[ijei Z[ /4#-3#Ä“ĹŠ Wkje" feh [`[cfbe" ieXh[ jWY_ed[i i[ cWdj_[d[ Z[ bei ($&&& ZÂŒbWh[i" de &.0&& W '-0&&$ Feh '& W‹ei [b fk[dj[ [hW ^W# feZh| fWiWh$ :[X[h| [if[hWh Wb
ÄˆÄ‘Ä‡ĹŠ ÄˆÄŠĹŠ
Ä“ĹŠ +ĹŠ31;ă!.ĹŠ/#2 ".ĹŠ-.ĹŠ/4#"#ĹŠ!149 1ĹŠ"41 -3#ĹŠ+ 2ĹŠ-.!'#2Ä“ĹŠ
i_]k_[dj[ Z‡W gk[ WXhWd bWi eĂ’Y_# dWi Z[ 7ZkWdW" fWhW bei jh|c_j[i h[if[Yj_lei$ F[he" i_ kd l[^‡Ykbe jhWdifehjW kdW j[b[l_i_ÂŒd k ejhei [b[YjheZecƒij_Yei" Ykoe lWbeh de ikf[h[ [b cedje" iÂŒbe Z[X[d bb[# dWh kdW Z[YbWhWY_ÂŒd WZkWd[hW o fk[Z[ fWiWh$ F[]]o 9Whjmh_]^j" Z_h[YjehW [`[Ykj_lW Z[ bW 9|cWhW Z[ 9e# c[hY_e [ ?dZkijh_Wi ;YkWjeh_Wde 9ebecX_Wde" WfkdjÂŒ gk[ bW c[# Z_ZW [i X[d[Ă’Y_eiW" ieXh[ jeZe fehgk[ Æfhecel[h| [b Ă“k`e Z[ f[hiedWi [d bWi \hedj[hWi [ _c# fb_YW cWoeh cel_c_[dje ^ej[b[# he" feh [`[cfbeÇ$ I_d [cXWh]e" i[‹WbÂŒ gk[ i[h‡W ckY^e c[`eh i_ i[ Wcfb_WhWd bei ^ehWh_ei Z[ Wj[dY_ÂŒd fWhW [b fWie Yec[hY_Wb" [d l_ijW gk[ [d [b ‘bj_ce W‹e" bWi
[nfehjWY_ed[i [YkWjeh_WdWi W 9ebecX_W Yh[Y_[hed [d kd (/ $ .-31.+ĹŠ8ĹŠ#7/#!3 3(5 2
9ed bW Wf[hjkhW" bei Yec[hY_Wd# j[i" Z[ jeZWi cWd[hWi" de [ij|d i[]khei i_ efjWh|d feh fWiWh bW \hedj[hW [d bW deY^[ i_ j_[# d[d cedjei _d\[h_eh[i W ($&&& ZÂŒbWh[i$ Feh [`[cfbe" EcWh 7dZhWZ[" ][h[dj[ Z[ [nfehjW# Y_ed[i Z[ 9edj_d[djWb J_h[" i[# ‹WbÂŒ gk[ feh j[cW Z[ be]‡ij_YW fk[Z[ WokZWh" f[he gk[ feh i[# ]kh_ZWZ Z[X[h|d [ijkZ_Wh i_ b[i Yedl_[d[$ 9Wheb 9^[^Wl" jƒYd_YW Z[b EX# i[hlWjeh_e Z[ 9ec[hY_e ;nj[h_eh" feh ik fWhj[" [nfb_YÂŒ gk[ Æ_dZk# ZWXb[c[dj[ i[ Z[X[ _dj[di_Ă’YWh bei Yedjheb[i fehgk[ YkWbgk_[h
7/.13 !(.-#2 !4 ".1ĹŠ ĹŠ .+., (
ĹŠ Ä‰Ä‡ÄˆÄˆĹŠ Ä‰Ä‡ÄˆÄ‡ĹŠ ĉććĒ (++.-#2ĹŠ"#ĹŠ"¢+ 1#2ĹŠ ÄˆÄ“Ä‡Ä‰Ä‰ĹŠ Ä?Ä’ÄŠĹŠ Ä?Ä?đĔĊ 1( !(¢-ĹŠ/.1!#-3 )#ĹŠÄ‰Ä’Ĺ˜ĹŠ ĈÄ?Ĺ˜ĹŠ ÄąÄˆÄ?Ĺ˜
YeiW fk[Z[ fWiWh" ieXh[ jeZe _cfb[c[djWh c[YWd_icei fWhW [l_jWh [b YedjhWXWdZeÇ$ ;d [b j[cW Z[ YecXkij_Xb[i" feh [`[cfbe" @eiƒ <hWdYe" Z_h[Y# jeh Z[ >_ZheYWhXkhei Z[ 9Wh# Y^_" _dZ_YÂŒ gk[ Æh[\ehpWh|d bei ef[hWj_lei Yed`kdjei Yed lWh_Wi [dj_ZWZ[i fWhW [l_jWh gk[ [b Ye# c[hY_e _b[]Wb Z[ YecXkij_Xb[i Wkc[dj[Ç$ ;ije ieXh[ jeZe feh# gk[ [i kd fheXb[cW \h[Yk[dj[ [d bW \hedj[hW$
& )Ĺ‹ &Ĺ‹*& (Ĺ‹ &/& ,Ĺ‹-vĹ‹ / Ä… &)-Ĺ‹-'-Ĺ‹3Ĺ‹ &Ĺ‹* +/ . Ĺ‹ Ĺ‹ .)-Ĺ‹()Ĺ‹ Bei fWgk[j[i Z[ c[diW`[i o Z[ ZWjei oW de YWZkYWd Z[i# Z[ Wo[h$ ;i Z[Y_h" i[ cWdj_[# d[d kd d‘c[he Z[ c[diW# `[i feh kd cedje Z[ Z_d[he" f[he oW de ^WXh| kd j_[cfe b_c_jWZe Z[ l_][dY_W$ :[ _]kWb cWd[hW \kdY_edWh| fWhW [b i[hl_Y_e Z[ ZWjei ?dj[hd[j $ Feh [`[cfbe" i_ i[ YedjhWjW ( c[]Wi feh Z[j[h# c_dWZe lWbeh" [ijei ZkhWh|d [b j_[cfe gk[ [b kikWh_e i[ Z[ceh[ [d Yedikc_hbei$ BW Z_ifei_Y_ÂŒd i[ ikcW W ēŊĉĔĎŊ,(++.-#2ĹŠ"#ĹŠ+~-# 2ĹŠ3(#-#-ĹŠ/+ -#2ĹŠ/.2/ % ".2Ä“ bW h[Wb_pWZW [d [d[he fWiWZe" YkWdZe i[ Z[j[hc_dÂŒ j_[cfe Xh[he o W fWhj_h Z[ [ij[ c[i" [d i[ ikif[dZ[d Wb j[hc_dWhi[ [b _b_c_jWZe fWhW bWi h[YWh]Wi YWcX_e" jWcX_ƒd Wfb_YW fWhW c[i i_ de ^Wd i_Ze kiWZeiÇ" [n# cÂŒl_b[i$ I[]‘d [nfb_YÂŒ [b =e# bei c[diW`[i o fWgk[j[ Z[ ZW# fb_YÂŒ kd ef[hWZeh$ BWi [cfh[iWi" feh ik fWhj[" X_[hde [d [iW eYWi_ÂŒd" jei$ H[if[Yje W bei fbWd[i bW c[Z_ZW Wfb_YWXW jWh_\WZei" [ijei i‡ YWZk# fh[Ă’[h[d de fhedkdY_Whi[ feh [b jWdje fWhW kikW# YWd" [i Z[Y_h" de Wfb_YWh| cec[dje Z[X_Ze W gk[ Yedi_Z[# bW WYkckbWY_ÂŒd Z[ iWbZei hWd gk[ [bbWi i_[cfh[ ^Wd Ykc# h_ei fh[fW]e" Yece
fWhW feifW]e o Z[ ĹŠ"#ĹŠ+~-# 2ĹŠ !3(5 2ĹŠ Yece be Z_e W [dj[dZ[h [b fb_Ze Yed bW l_][dY_W _b_c_jWZW Z[ "#ĹŠ3#+#$.-~ ĹŠ!#+4Äą fbWd[i YedjhebWZei + 1ĹŠ' 8ĹŠ#-ĹŠ#+ĹŠ/ ~2ĔŊ =eX_[hde" fehgk[" ÆWb ^W# bei iWbZei Yehh[ifedZ_[dj[i W bWi gk[ kiWd h[YWh]Wi ÄˆÄŠÄ”ÄŠĹŠ,(++.-#2ĹŠ2.-ĹŠ XbWh Z[ feifW]e i[ h[Ă’[h[ W h[YWh]Wi Z[ bWi jWh`[jWi $ FWhW "#ĹŠ/1#/ %.Ä“ o jWcX_ƒd j_[d[d gk[ i_ kd kikWh_e Yed fbWd bWi YecfW‹‡Wi" [b ‘d_Ye YWcX_e fbWd[i $ ^WY[ kdW h[YWh]W [njhW" [i[ h[Wb Z_ifk[ije feh [b =eX_[hde ;ijW c[Z_ZW lWbeh i[h| [b gk[ de YWZkYW" [i be h[\[h[dj[ W c[diW`[i o fW# [djhÂŒ [d l_][dY_W Z[iZ[ \[# de bei c_dkjei Z[b fbWd" [iei i‡ gk[j[ Z[ ZWjei$
ÄˆÄŽÄ”Ä‘ĹŠ
1#!#ĹŠ,4#13.2ĹŠ#-ĹŠ4-ĹŠ(-!#-"(.ĹŠ#-ĹŠ '(-
} ĔŊ ŊěŊ 1#!#Ŋ/#12.- 2Ŋ,41(#1.-Ŋ8Ŋ4- Ŋ1#24+3¢Ŋ'#1(" Ŋ 8#1Ŋ#-Ŋ4-Ŋ(-!#-"(.Ŋ1#%(231 ".Ŋ#-Ŋ4- Ŋ5(5(#-" Ŋ"#Ŋ+ Ŋ/1.5(-!( Ŋ2#/3#-31(.- +Ŋ!'(- Ŋ"#Ŋ ' -7(Ŋ
04#ĹŠ2#%ĂŒ-ĹŠ+ 2ĹŠ 43.1(" "#2ĹŠ$4#ĹŠ(-3#-!(.- ".ĔŊ(-$.1,¢Ŋ+ ĹŠ %#-!( ĹŠ (-'4 Ä“ĹŠ +ĹŠ24!#2.ĹŠ2#ĹŠ/1."4).ĹŠ#-ĹŠ4- ĹŠ! 2 ĹŠ"#ĹŠ4- ĹŠ/+ -3 ĹŠ"#+ĹŠ"(231(3.ĹŠ"#ĹŠ (-%'4 +(-%ĹŠ"#ĹŠ+ ĹŠ !(4" "ĹŠ"#ĹŠ (84 -ĔŊ! /(3 +ĹŠ/1.5(-!( +ĔŊ2# +¢Ŋ#+ĹŠ 41¢Ŋ"#ĹŠ2#%41(" "ĹŠ/ĂŒ +(! ĹŠ+.! +Ä“ĹŠ .2ĹŠ3#23(%.2ĹŠ"#+ĹŠ24!#2.ĹŠ 2#%41 1.-ĹŠ ĹŠ (-'4 ĹŠ04#ĹŠ.8#1.-ĹŠ4- ĹŠ#7/+.2(¢-ĹŠ #-ĹŠ#+ĹŠ(-,4# +#Ä“ĹŠ ĹŠ .+(!~ ĹŠ(-5#23(% ĹŠ+ 2ĹŠ! 42 2ĹŠ"#+ĹŠ(-!#-"(.ĔŊ 4-04#ĹŠ#-ĹŠ -3#1(.1#2ĹŠ.! 2(.-#2ĹŠ(-!("#-3#2ĹŠ"#+ĹŠ,(2,.ĹŠ3(/.ĹŠ2#ĹŠ' -ĹŠ"# (".ĹŠ +ĹŠ +, !#- ,(#-3.ĹŠ (+#% +ĹŠ"#ĹŠ#7/+.2(5.2ĹŠ42 ".2ĹŠ!.,ĂŒ-,#-3#ĹŠ#-ĹŠ,(-#1~ Ä“
7 ĀăĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä‚Ĺ?
Ĺ? +. ÄŒĹ?
Ĉ
4-3.ĹŠ"#ĹŠ5(23
23;Ŋ,#).1 -".ĖŊ,(-(231.2 Ŋ (#, 1.2Ŋ"#+Ŋ . (#1-.Ŋ5#-#9.+ -.Ŋ ŗ 2#%41 1.-Ŋ 8#1Ŋ04#Ŋ#+Ŋ/1#2("#-3#ĔŊ 4%.Ŋ
';5#9ĔŊ#23;Ŋĥ,#).1 -".ĢŊ"#Ŋ+ Ŋ./#1 !(¢-Ŋ Ŋ+ Ŋ04#Ŋ2#Ŋ2.,#3(¢Ŋ#+Ŋ+4-#2Ŋ#-Ŋ 4 Ŋ8Ŋ04#Ŋ 5 Ŋ Ŋ1#%1#2 1Ŋĥ/1.-3.ĢŊ +Ŋ/ ~2ĔŊ"#+Ŋ04#Ŋ2 +(¢Ŋ ' !#Ŋ4- Ŋ2#, - ē
Ŋĥ +Ŋ/1#2("#-3#Ŋ ';5#9Ŋ#23;Ŋ !3(5.ĔŊ,#).Ĺ ŗ1 -".Ŋ24Ŋ2 +4"Ŋ8Ŋ/1.-3.Ŋ2#Ŋ#-!.-31 1;Ŋ#-Ĺ
31#Ŋ-.2.31.2ĢĔŊ"().Ŋ#+Ŋ,(-(231.Ŋ"#Ŋ (- -9 2ĔŊ
.1%#Ŋ (.1" -(ĔŊ2(-Ŋ" 1Ŋ,;2Ŋ/1#!(2(.-#2ē Ŋ Ŋ24Ŋ5#9ĔŊŊ#+Ŋ,(-(231.Ŋ"#Ŋ -#1%~ Ŋ8Ŋ/1#2(Ĺ ŗ"#-3#Ŋ"#Ŋ+ Ŋ#23 3 +Ŋ #31¢+#.2Ŋ"#Ŋ #-#94#+ Ŋ ĸ "52 ĚĔŊ $ #+Ŋ ,~1#9ĔŊ3 , (_-Ŋ2# +¢Ŋ 04#Ŋ#+Ŋ%. #1- -3#Ŋĥ#23;Ŋ (#-ĔŊ2#Ŋ#23;Ŋ 1#!4/#1 -".Ģē
+Ŋ5#1" "#1.Ŋ !4 "1. ŊŊ +Ŋ,_"(!.Ŋ .2_Ŋ $ #+Ŋ 104(- Ŋ ŗ2# +¢Ŋ04#Ŋ,48Ŋ/1. +#,#-3#Ŋ#+Ŋ
ēŊ (#-3.2Ŋ"#Ŋ,4)#1#2Ŋ2#Ŋ!.-!#-31 -Ŋ#-Ŋ4- Ŋ/+ 9 Ŋ"#Ŋ 1 ! 2Ŋ/ 1 Ŋ" 1Ŋ24Ŋ /.8.Ŋ +Ŋ 1#2("#-3#Ŋ5#-#9.+ -.Ŋ8Ŋ"#2# 1+#Ŋ+ Ŋ1#!4/#1 !(¢-ēēŊ
6( ,Ĺ‹ Ĺ‹ /!)Ĺ‹ "60 4Ĺ‹ -Ĺ‹ #( /, & Ćŋ'Z # )Ĺ‹0 ( 4)& () +ĹŠ#2/#!( +(23 ĹŠ 2#%41¢Ŋ04#ĹŠ345. !!#2.ĹŠ ĹŠ+ ĹŠ(-$.1, !(¢-ĹŠ"#ĹŠ+ ĹŠ!+~-(! ĹŠ ".-"#ĹŠ2#ĹŠ./#1¢Ŋ#+ĹŠ -" 3 1(.Ä“ ÂĄ ĹŠ ŊŊěŊ;b cƒ# Z_Ye l[d[pebWde @eiƒ HW\W[b CWh# gk_dW" gk_[d Wi[]khW j[d[h WYY[# ie W bei _d\ehc[i YedĂ’Z[dY_Wb[i gk[ [bWXehW [b [gk_fe Z[ ]Wb[dei gk[ Wj_[dZ[ W >k]e 9^|l[p [d 9kXW" h[l[bÂŒ gk[ [b jkceh Z[b CWdZWjWh_e [i cWb_]de$ ;b ZeYjeh YedY[Z_ÂŒ kdW [d# jh[l_ijW Wb f[h_ÂŒZ_Ye ;b Dk[le >[hWbZ [d bW gk[ Wi[]khW gk[ [b Fh[i_Z[dj[ j_[d[ kd Y|dY[h Æik# cWc[dj[ WlWdpWZeÇ" _dYbkie be ik\_Y_[dj[ fWhW h[Yec[dZWhb[ fWiWh bei ‘bj_cei Z‡Wi Z[ l_ZW Wb bWZe Z[ ik \Wc_b_W$ ÆBWc[djWXb[c[dj[" [b jkceh Z[ 9^|l[p [ij| [d [i[ fkdje$ Bei W][dj[i gk_c_ej[hWfƒkj_Yei gk[ b[ feZh‡Wd ZWh ied [nf[h_c[djW# b[i o iÂŒbe b[ fkZ_[hWd Wkc[djWh bW [nf[YjWj_lW Z[ l_ZW" f[he [b Y|dY[h de i[ b[ lW W YkhWh Q$$$S$ 9^|l[p j[dZh‡W kdW [nf[YjWj_lW Z[ l_ZW Z[ [djh[ i[_i o eY^e c[# i[i" o ^WijW Z[ kd W‹e" Yed jhW# jWc_[dje WZ[YkWZeÇ" Z_Y[ [d bW fkXb_YWY_ÂŒd$
2~ĹŠ5 ĹŠ#+ĹŠ, +
;d Z_Y^e Whj‡Ykbe i[ Wi[]k#
hW jWcX_ƒd gk[ [b Y|dY[h Z[ 9^|l[p i[h‡W kd b[_ec_eiWh# YecW" jkceh Z[ j[`_Ze ckiYk# bWh b_ie" gk[ fheXWXb[c[dj[ i[ eh_]_dŒ [d bW l[`_]W o gk[ bk[]e jkle kdW _dlWi_Œd Z[b h[jhef[# h_jed[e$ ;i kdW [d\[hc[ZWZ Z[ YWhWYj[h‡ij_YWi cko fWh[Y_ZWi Wb hWXZec_eiWhYecW" f[he [b i[]kdZe WfWh[Y[ [d j[`_Ze cki#
YkbWh [ijh_WZe" [nfb_YŒ CWhgk_# dW Wb j_[cfe gk[ WYbWhŒ gk[ WcXei jkceh[i ied Z_\‡Y_b[i Z[ jhWjWh$ 7^ehW gk[ [b Y|dY[h ^_pe c[j|ijWi_i [d lWh_Wi fWhj[i Z[b Yk[hfe" _dYbko[dZe [b ^‡]WZe" ik YedZ_Y_Œd [i ikcWc[dj[ Yecfb[`W o Z_\‡Y_bc[dj[ feZh| i[h jhWjWZe WZ[YkWZWc[dj[ feh cƒZ_Yei YkXWdei" Yec[djŒ CWhgk_dW" gk_[d Wi[]khW ^WX[h h[Y_X_Ze _d\ehcWY_Œd Z[jWbbWZW Z[ bW YedZ_Y_Œd Z[b CWdZWjWh_e feh f[hiedWi cko Y[hYWdWi W bW i_jkWY_Œd$
ēŊ Ŋ/#2 1Ŋ"#Ŋ3.".ĔŊ#+Ŋ -" 3 1(.Ŋ 2#%41 Ŋ04#Ŋ2#Ŋ2(#-3#Ŋ (#-ēŊ 1!'(5.
+ĹŠ 3#-"(".
?dYbkie CWhgk_dW i[ Wjh[l_ÂŒ Wi[# ]khWh gk[ 9^|l[p ^W i_Ze cWb Wj[dZ_Ze Z[iZ[ gk[ i[ b[ Z[j[YjÂŒ [b Y|dY[h$ Æ;b jhWjWc_[dje ^W i_Ze kd Z[iehZ[d jejWb$ ?d_Y_Wbc[dj[ [c# f[pWhed W jhWjWh fWhW kd Y|dY[h Z[ YebÂŒd Q$$$S o Z[ifkƒi i[ Z_[hed Yk[djW Z[ gk[ de [hW Z[ YebÂŒd" i_de gk[ fWh[Y‡W kd Y|dY[h Z[ bW l[`_]WÇ" h[bWjÂŒ$ ;b jhWjWc_[dje gk[ b[ [cf[# pWhed W ZWh [d [i[ [djedY[i [hW Z[ kdW Wbj‡i_cW jen_Y_ZWZ fWhW bW cƒZkbW o fheleYWXW iWd]h[ [d bW eh_dW$ ;iei jhWjWc_[djei" Z_`e" ied Yedl[dY_edWb[i fWhW Y_[hje j_fe Z[ Y|dY[h" f[he de \k[hed WZ[YkWZei fWhW [b CWdZWjWh_e o bk[]e \k[ iec[j_Ze W Wbj‡i_cWi Zei_i Z[ gk_c_ej[hWf_W" Yece c[Z_ZW fh[l[dj_lW$ ÆDWZ_[" WXiebkjWc[dj[ dWZ_[" h[Y_X[ Wbj‡i_cWi Zei_i Z[ gk_c_e# j[hWf_W feh fheĂ’bWn_i$ ;iWi i[ bWi ZWd fehgk[ j_[d[ kd jkceh jejWb# c[dj[ Z_i[c_dWZe$ ;b fheXb[cW [i gk[ b[ Z_[hed bW gk_c_ej[hWf_W [gk_leYWZWÇ" Yec[djÂŒ$ Æ7b ZWhb[ bW gk_c_ej[hWf_W [gk_leYWZW [b jkceh ckjW$ I[ ^WY[ h[i_ij[dj[ W bW gk_c_ej[hW# f_W" be gk[ eXb_]W W fWiWh W W][d# j[i Z[ i[]kdZW b‡d[W" gk[ ied ckY^e c[dei [\[Yj_lei o [nf[# h_c[djWb[iÇ" [nfb_YÂŒ$
1#2("#-3#ĹŠ5#-#9.+ -.ĹŠ' 1;ĹŠ42.ĹŠ"#ĹŠ #2 ĹŠ5(3 +(" "ĹŠ/ 1 ĹŠ1#~12#ĹŠ/ĂŒ +(! Äą ,#-3#ĹŠ"#ĹŠ+ 2ĹŠ "5#13#-!( 2ĹŠ04#ĹŠ+.2ĹŠ ,_"(!.2ĹŠ' -ĹŠ#23 ".ĹŠ' !(_-".+#ĹŠ 2. 1#ĹŠ#+ĹŠ"#+(! ".ĹŠ!4 "1.ĹŠ!+~-(!.ĹŠ 04#ĹŠ#-$1#-3 Ä“ĹŠ #1.ĹŠ#2 ĹŠ#-#1%~ ĔŊ2(-ĹŠ #, 1%.ĔŊ-.ĹŠ3#-"1~ ĹŠ1#+ !(¢-ĹŠ!.-ĹŠ#+ĹŠ 5#1" "#1.ĹŠ!4 "1.Ä“ ÄĄ +ĹŠ!;-!#1ĹŠ-.1, +,#-3#ĹŠ#2ĹŠ 2(-3.Äą ,;3(!.ĹŠ' 23 ĹŠ#+ĹŠÄƒ- +ĹŠ"#ĹŠ+ ĹŠ#-$#1,#" "Ä“ĹŠ ';5#9ĹŠ5 ĹŠ++#5 1ĹŠ,48ĹŠ (#-ĹŠ+ ĹŠ#-$#1,#Äą " "Ä“ĹŠ ĹŠ#2 ĹŠ#2ĹŠ4- ĹŠ!.2 ĹŠ04#ĹŠ(-!+42.ĹŠ+#ĹŠ ' !#ĹŠ"4" 1ĹŠ04#ĹŠ+ ĹŠ3(#-#ĢĔŊ#7/+(!¢ē ';5#9ĔŊ#-31#ĹŠ3 -3.ĔŊ 2#%41¢Ŋ04#ĹŠ 2#ĹŠ1#!4/#1 ĹŠÄĄ !#+#1 " ,#-3#ĢŊ8ĹŠ04#ĹŠ (-!+42.ĹŠ8 ĹŠ! ,(- ĹŠ31 2ĹŠ+ ĹŠ(-3#15#-!(¢-ĹŠ 04(1ĂŒ1%(! ĹŠ ĹŠ+ ĹŠ04#ĹŠ$4#ĹŠ2.,#3(".ĹŠ#+ĹŠ +4-#2ĹŠ/ 2 ".ĹŠ#-ĹŠ ĹŠ - Ä“
2/#1 -".ĹŠ#+ĹŠ,(+ %1.
F[he [iei jhWjWc_[djei [nf[# h_c[djWb[i" bei c[`eh[i Z[ bei YkWb[i ied Xh_dZWZei [d Y[djhei [if[Y_Wb_pWZei [d ;khefW o ;i# jWZei Kd_Zei" [d [b c[`eh Z[ bei YWiei iÂŒbe feZh‡Wd WbWh]Wh iki [nf[YjWj_lWi Z[ l_ZW feh kdei c[i[i c|i$ ;d [b d_l[b [d gk[ WYjkWbc[dj[ i[ [dYk[djhW" bW [d# \[hc[ZWZ oW i[h‡W _dYkhWXb[" [n# Y[fjkWdZe bW fei_X_b_ZWZ Z[ kd c_bW]he" Z_`e$ CWhgk_dW _dZ_YÂŒ gk[ bW ef[# hWY_ÂŒd i[ ^_pe W _di_ij[dY_W Z[ 9^|l[p f[i[ W gk[ iki cƒZ_Yei l[d[pebWdei i[ ceijhWXWd [d Z[iWYk[hZe$ I[]‘d CWhgk_dW" bW Y_hk]‡W gk[ b[ ^_Y_[hed \k[ Z[ Xh[l[ Zk# hWY_ÂŒd fehgk[ \k[ ikf[hĂ’Y_Wb o Yedi_ij_ÂŒ [d h[i[YWhb[ bei XehZ[i d[YhÂŒj_Yei Z[b jkceh$ Æ8|i_YWc[dj[ b[ ^_Y_[hed kdW b_cf_[pW gk_h‘h]_YW Wb jkcehÇ" Z_`e$ O [i cko fheXWXb[ gk[ YkWd# Ze h[]h[i[" 9^|l[p ck[ijh[ Wb]e Z[ l_jWb_ZWZ" fheZkYje Z[b ikc_# d_ijhe Z[ \|hcWYei [cfb[WZei fWhW ikc_d_ijhWhb[ [d[h]‡W W bei fWY_[dj[i$ ;iW [d[h]‡W [i kdW Z[ bWi hW# ped[i feh bWi gk[ ckY^ei Z[ bei l[d[pebWdei ZkZWd Z[ gk[ [b CWdZWjWh_e [ijƒ h[Wbc[dj[ [d\[hce$
ĉ
# !
7 ĀăĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä‚Ĺ?
Ĺ? +. ÄŒĹ?
# $ '% & #( # % # #( () ! %& " & " # '(&$ ! !, & ! &( $ $")# '( )' # & #( ! &( $ & ! "$ &+( $
" $ !, & ! '$ ! "- & ( )' )'(
ēŊ + "(,(1Ŋ 43(-Ŋ8Ŋ#+Ŋ+~"#1Ŋ!.,4-(23 Ŋ 4#-- "(Ŋ (4%;-.5ĔŊ/1(,#1.2Ŋ #-Ŋ+.2Ŋ2.-"#.2ēŊ
("#-ĹŠ ĹŠ .1 +#2 /#- ĹŠ"#ĹŠ,4#13#ĹŠ
Ĺ—ĹŠĹŠĹŠ ĹŠ ĔŊ ĹŠÄ› C_b[i Z[ f[hiedWi f_Z_[hed Wo[h Wb fh[i_Z[dj[ Xeb_l_Wde" ;le CehWb[i" gk[ _dij_jkoW bW f[dW Z[ ck[hj[ fWhW Wi[i_dei o l_ebWZeh[i" Z[ifkƒi Z[ gk[ [b Ă’d Z[ i[cWdW fWiWZe \k[hWd [ijhWd]kbWZei Zei f[h_eZ_ijWi ^[hcWdei$ Bei cWd_\[ijWdj[i XW`Whed W BW FWp Z[iZ[ bW Y_kZWZ Wb[ZW‹W Z[ ;b 7bje" W *$&&& c[jhei ieXh[ [b d_l[b Z[b cWh" Xbegk[Whed bW fh_dY_fWb Wl[d_# ZW fWY[‹W [ ^_Y_[hed c‡j_d[i \h[dj[ Wb C_d_ij[h_e Z[ @kij_# Y_W" YkijeZ_WZe feh bW Feb_Y‡W" fWhW fhej[ijWh feh bW \WbjW Z[ WYY_ÂŒd Z[b =eX_[hde Wdj[ bW _di[]kh_ZWZ Y_kZWZWdW$
#-4-!( ĹŠÄƒ2! +ĹŠ %#-#1 +ĹŠ"#ĹŠ .+., ( ĹŠ
Ĺ—ĹŠ ĹŠĹŠ :ĔŊ Ä› BW Ă’iYWb ][d[hWb Z[ 9ebecX_W" L_l_Wd[ CehWb[i" WdkdY_ÂŒ Wo[h ik h[dkdY_W _hh[leYWXb[ Wb YWh]e jhWi bW Z[Y_i_ÂŒd Z[b 9edi[`e Z[ ;ijWZe Z[ Z[YbWhWh dkbW ik [b[YY_ÂŒd$ Æ7b iWb_h Z[ [ij[ WYje c[ Z_h_]_hƒ W bW 9ehj[ Ikfh[cW Z[ @kij_Y_W fWhW fh[i[djWh h[dkdY_W _hh[leYWXb[ Wb YWh]e Z[ Ă’iYWb ][d[hWb Z[ bW DWY_ÂŒdÇ" Z_`e CehWb[i Wb Z[if[Z_hi[ Z[ iki ikXWbj[hdei [d bW i[Z[ Y[djhWb Z[b [dj[ WYkiWZeh$ Æ;d c_ ][ij_ÂŒd de ^kXe _dje# YWXb[iÇ" ieijkle bW `kh_ijW$
#24-(".2Ŋ!.-31 + Ŋ!.114/!(¢-
Ĺ—ĹŠ ĹŠĹŠ :ĔŊ ĹŠÄ› Bei fW‡i[i Z[ 7cƒh_YW BWj_dW bkY^Wd i_d kd_ZWZ YedjhW bW YehhkfY_ÂŒd Z[h_lWZW Z[b dWhYejh|Ă’Ye" bW c|n_cW [nfh[i_ÂŒd Z[b Yh_c[d jhWidWY_edWb gk[ fWZ[Y[ bW h[]_ÂŒd" WĂ’hcÂŒ bW fh[i_Z[djW Z[ bW eh]Wd_pWY_ÂŒd Y_l_b JhWdi# fWh[dY_W ?dj[hdWY_edWb J? " >k]k[jj[ BWX[bb[$ BW WYj_l_ijW YWdWZ_[di[ [nfh[iÂŒ Wi‡ ik fh[eYkfWY_ÂŒd feh [ij[ Ă“W][be ZkhWdj[ [b Ăˆ;dYk[djhe BWj_deWc[h_YWde0 bkY^W YedjhW bW YehhkfY_ÂŒd jhWdidWY_edWbÉ" gk[ Ykbc_dÂŒ Wo[h [d 8e]ej| jhWi Zei Z‡Wi Z[ Z[XWj[i$
ËĔŊ Ŋě ;b fh_c[h c_d_ijhe
hkie" LbWZ‡c_h Fkj_d" fWhj[ W feYWi ^ehWi fWhW [b Y_[hh[ Z[ bW YWcfW‹W [b[YjehWb Yece [b ]hWd \Wleh_je W bW l_Yjeh_W [d bW fh_c[# hW lk[bjW Z[ bWi fh[i_Z[dY_Wb[i Z[ cW‹WdW$ Æ;d bWi [b[YY_ed[i fh[i_Z[d# Y_Wb[i Z[b * Z[ cWhpe kij[Z[i Z[Y_Z_h|d [d gkƒ cWdei fed[h
[b Z[ij_de Z[ Hki_W" [b \kjkhe Z[ dk[ijhei ^_`ei$ Kij[Z[i j_[d[d bW fWbWXhWÇ" WĂ’hcÂŒ Wo[h Fkj_d [d kdW WbeYkY_ÂŒd j[b[l_i_lW$ .,.ĹŠ 3 +(-
/.#(Ĺ‹- Ĺ‹*, * , Ĺ‹* , , .),( ,Ĺ‹ &Ĺ‹ , '&#( 2ĹŠ#+ĹŠ%1 -ĹŠ$ 5.1(3.ĹŠ ĹŠ+ ĹŠ5(!3.1( ĹŠ#-ĹŠ + 2ĹŠ#+#!!(.-#2ĹŠ /1#2("#-!( +#2ĹŠ"#ĹŠ , Â - Ä“
Mar de Bering
OcĂŠano Ă rtico
iki ZeY[ W‹ei [d [b feZ[h$ 7kdgk[ Wi[]khŒ gk[ W‘d de ^W Z[Y_Z_Ze i_" [d YWie Z[ l_Yjeh_W" i[ fh[i[djWh| W bW h[[b[YY_Œd [d (&'." Yed be gk[ feZh‡W f[hf[jkWhi[ [d [b feZ[h ZkhWdj[ bei c_icei (+ W‹ei gk[ [b fhef_e Z_YjWZeh iel_ƒj_Ye" ?ei_\ IjWb_d$
;b YWdZ_ZWje eĂ’Y_Wb_ijW" gk[ oW [`[hY_ÂŒ [b YWh]e Z[ fh[i_# Z[dj[ [djh[ (&&& o (&&." i[ ceijhÂŒ Yedl[dY_Ze Z[ 1.3#23 2
ĹŠ gk[ Yk[djW Yed [b h[ifWbZe "#ĹŠ#+#!3.1#2ĹŠ Bei Yeckd_ijWi oW ^Wd Z[ bW cWoeh‡W Z[ bei hkiei" #23;-ĹŠ++ , ".2ĹŠ WZ[bWdjWZe gk[ i[ fhefe# ĹŠ+ 2ĹŠ41- 2ĹŠ#f[i[ W gk[ [b fW‡i ^W i_Ze d[d cWd_\[ijWhi[ [b bkd[i 42( Ä“ [iY[dWh_e Z[ bW cWoeh ebW \h[dj[ Wb Ah[cb_d" c_[d# Z[ fhej[ijWi Wdj_]kX[h# jhWi bW efei_Y_ÂŒd de fWh# dWc[djWb[i Z[iZ[ bW YW‡ZW Z[ bW bWc[djWh_W ^W h[Y_X_Ze Wkjeh_# Kd_ÂŒd Iel_ƒj_YW$ pWY_ÂŒd fWhW h[kd_h W Z[Y[dWi Fkj_d de ZkZÂŒ [d YWb_Ă’YWh Z[ Z[ c_b[i Z[ iki fWhj_ZWh_ei Wb ÆXk[dW [nf[h_[dY_WÇ fWhW Hki_W Z‡W i_]k_[dj[ Z[ bWi [b[YY_ed[i
ÄˆÄˆÄ‡ĹŠ
Mar de Okhototsk
$' . )'$ %. ! & ! "$ &+( "
#'$ ) !$ ( ,'"$ ! ' & '( # &($* )')!" # '
2ĹŠ#-!4#23 2 Ĺ—ĹŠĹŠ 43(-ĹŠ% - 1;ĹŠ+.2ĹŠ!.,(!(.2ĹŠ#-ĹŠ+ ĹŠ /1(,#1 ĹŠ54#+3 ĹŠ!.-ĹŠ#+ĹŠÄ?Ä?ĹŠĹ˜ĹŠ"#ĹŠ+.2ĹŠ
5.3.2ĔŊ2#%ĂŒ-ĹŠ#+ĹŠ #-31.ĹŠ #5 " ĔŊ.ĹŠ!.-ĹŠ#+ĹŠ ÄŽÄ‘Ä”Ä?ĹŠĹ˜Ä”ĹŠ"#ĹŠ !4#1".ĹŠ ĹŠ+ ĹŠ 4-" !(¢-ĹŠ"#ĹŠ /(-(¢-ĹŠ ĂŒ +(! Ä“ (#-31 2ĔŊ#+ĹŠ+~"#1ĹŠ!.,4-(23 ĔŊ 4#-- "(ĹŠ (4%;-.5Ä”ĹŠÄƒ%41 ĹŠ#-ĹŠ2#%4-" ĹŠ /.2(!(¢-ĹŠ!.-ĹŠ#-31#ĹŠ#+ĹŠÄˆÄŽĹŠĹ˜ĹŠ8ĹŠ#+ĹŠÄ‰Ä‡ĹŠĹ˜ĹŠ "#ĹŠ(-3#-!(¢-ĹŠ"#ĹŠ5.3.Ä“ .ĹŠ++#% -ĹŠ +ĹŠ"(#9ĹŠ/.1ĹŠ!(#-3.ĹŠ#-ĹŠ (-3#-!(¢-ĹŠ"#ĹŠ5.3.2ĹŠ+.2ĹŠ.31.2ĹŠ31#2ĹŠ ! -"(" 3.2Ä–ĹŠ#+ĹŠ4+31 - !(.- +(23 ĹŠ + Äą "~,(1ĹŠ (1(-.52*(ĔŊ#+ĹŠ,4+3(,(++.- 1(.ĹŠ () ~+ĹŠ 1¢).1.5ĹŠ8ĹŠ#+ĹŠ2.!( +"#,¢!1 3 ĹŠ #1%4_(ĹŠ (1¢-.5Ä“
[d bW ^_ijÂŒh_YW fbWpW Fki^a_d$ Æ9h[[cei gk[ [b d‘c[he Z[ fWhj_Y_fWdj[i [d bWi cWd_\[ijW# Y_ed[i jWhZ[ e j[cfhWde j[hc_# dWh| h[igk[XhW`WdZe Wb feZ[h$ BWi fhej[ijWi i[]k_h|d ^WijW gk[ bWi Wkjeh_ZWZ[i WY[fj[d dk[ijhWi Z[cWdZWiÇ" Wi[l[hÂŒ =Who AWif|hel" Z_h_][dj[ efe# i_jeh o [nYWcf[ÂŒd ckdZ_Wb Z[ W`[Zh[p$
&ŋ , -# (. ŋ -#,#)ŋ.# ( ŋ&)-ŋ v -ŋ )(. )-ąŋ ð,' ŋ ' Ĕ Ŋ š
Bei Z‡Wi [d [b feZ[h Z[b ]eX[hdWdj[ i_h_e" 8Wi^Wh Wb 7iWZ" [ij|d YedjWZei" i[]‘d Z_`e [b fh[i_Z[dj[ 8WhWYa EXWcW [d kdW [djh[l_ijW fk# Xb_YWZW Wo[h" ZedZ[ W‹WZ_ÂŒ gk[ ;ijWZei Kd_Zei [ij| jhWXW`WdZe fWhW WY[b[hWh bW jhWdi_Y_ÂŒd W bW Z[ceYhWY_W [d [i[ fW‡i$ ;d bW h[l_ijW c[dikWb J^[ 7jbWdj_Y" EXWcW WĂ’hcÂŒ gk[ Æbei Z‡Wi Z[ 7iWZ [ij|d YedjWZei$ De [i kd Wikdje Z[ i_ ikY[Z[h| e de i_de Z[ YkWdZeÇ$ Æ;djedY[i" ÂľfeZ[cei WY[# b[hWh [ije5 ;ijWcei jhWXW`Wd# Ze Yed bW Yeckd_ZWZ _dj[hdW# Y_edWb fWhW ^WY[hbeÇ" W]h[]ÂŒ$ EXWcW h[YedeY_ÂŒ jWcX_ƒd gk[ I_h_W [i kd fW‡i c|i Yecfb[`e gk[ B_X_W o gk[ dWY_ed[i Yece Hki_W [ij|d Xbegk[WdZe kdW WYY_ÂŒd Z[ bW EDK$ !( ĹŠ+ ĹŠ31 -2(!(¢-
I_d [cXWh]e" WfkdjÂŒ W bei [i# \k[hpei Z[ ;ijWZei Kd_Zei c[# Z_Wdj[ [b ]hkfe Z[ ÆWc_]ei Z[
Ä“ĹŠ (1(.2ĹŠ1#2("#-3#2ĹŠ#-ĹŠ 4104~ ĹŠ2#ĹŠ, -(ă#23 -ĹŠ#-ĹŠ 23 , 4+ĹŠ!.-31 ĹŠ#+ĹŠ/1#2("#-3#ĹŠ 2' 1ĹŠ +Äą 22 "ĔŊ+4#%.ĹŠ"#ĹŠ+ ĹŠ .1 !(¢-ĹŠ"#+ĹŠ5(#1-#2Ä“ĹŠ
I_h_WÇ fWhW fhecel[h _d_Y_Wj_# lWi Z[ WokZW ^kcWd_jWh_W fWhW Wb_l_Wh W bWi Y_kZWZ[i WjWYWZWi feh bWi \k[hpWi c_b_jWh[i gk[ h[ifedZ[d W 7iWZ$ ÆF[he W^ehW [bbei jWcX_ƒd fk[Z[d WY[b[hWh kdW jhWdi_Y_ÂŒd
^WY_W kd ]eX_[hde i_h_e fWY‡ÒYe" [ijWXb[ o h[fh[i[djWj_leÇ" WĂ’hcÂŒ$ ÆI_ ikY[Z[" [ie i[h‡W kdW fhe\kd# ZW fƒhZ_ZW fWhW ?h|dÇ" W]h[]ÂŒ$
c[dei ,' f[hiedWi" [djh[ [bbWi lW# h_ei c[deh[i Z[ [ZWZ o Zei ck`[# h[i" ckh_[hed Wo[h [d I_h_W W cW# dei Z[ bWi \k[hpWi b[Wb[i Wb hƒ]_c[d Z[ 8WY^Wh Wb 7iWZ #bW c_jWZ Z[ [bbWi [d bW fhel_dY_W Y[djhWb Z[ >eci#"
ĹŠ2(34 !(¢C_[djhWi jWdje" i[ YedeY_ÂŒ gk[ Wb i[]‘d ]hkfei efei_jeh[i$
ĹŠ ÂĄ
(2,(-48 ĹŠ#+ĹŠ"#2/#1"(!(.ĹŠ"#ĹŠ#-#1%~ Ä“ĹŠ .ĹŠ 3#-% ĹŠ#-!#-"(".2ĹŠ+.2ĹŠ / 1 3.2ĹŠ04#ĹŠ-.ĹŠ #23_ĹŠ42 -".Ä“
7 ĀăĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä‚Ĺ?
Ĺ? +. ÄŒĹ?
ÄŠ
-./ #)-Ĺ‹ (Ĺ‹& Ĺ‹ (.6,.# Ĺ‹ . )-Ĺ‹*),Ĺ‹#( ( #) ĔŊ ĹŠÄ› ;b _dY[dZ_e gk[ WhhW# iÂŒ bW XWi[ Wdj|hj_YW Z[ 8hWi_b ikfed[ kd h[lƒi fWhW bWi _dl[i# j_]WY_ed[i Z[b fW‡i ieXh[ [b _c# fWYje Z[ bW WYY_ÂŒd ^kcWdW [d [b c[Z_eWcX_[dj[ o bW Yecfh[d# i_ÂŒd Z[ bWi h[bWY_ed[i [djh[ [b Yedj_d[dj[ XbWdYe o [b h[ije Z[b fbWd[jW$ ;b =eX_[hde i[ ^W Yecfhec[# j_Ze W h[Yedijhk_h bW XWi[ ZedZ[ jhWXW`WXWd Y[hYW Z[ ,& f[hiedWi" [djh[ Y_[dj‡ÒYei o c_b_jWh[i" f[he [iW jWh[W fk[Z[ jWhZWh kdei Zei W‹ei" i[]‘d [b c_d_ijhe XhWi_b[# ‹e Z[ :[\[diW" 9[bie 7ceh_c" c_[djhWi bei Y_[dj‡ÒYei ^Wd i[# ‹WbWZe gk[ bei [gk_fWc_[djei o fWhj[ Z[ bei ZWjei Yeb[YjWZei [d
bei ‘bj_cei c[i[i i[ f[hZ_[hed$ 1 ).Ŋ
;b Z_h[Yjeh Z[b Y[djhe febWh o Yb_cWjebÂŒ]_Ye Z[ bW Kd_l[hi_ZWZ <[Z[hWb Z[ H_e =hWdZ[ Ze Ikb" @[Ăľ[hied I_ce[i" [nfb_YÂŒ gk[ [b fhe]hWcW Wdj|hj_Ye XhWi_b[‹e j_[d[ Yece eX`[j_le Æ[dj[dZ[h bWi h[bWY_ed[i WcX_[djWb[iÇ Z[b Yedj_d[dj[ XbWdYe Yed [b fW‡i$ FWhW I_ce[i" [b fhe]hWcW Wdj|hj_Ye j_[d[ jWcX_ƒd kj_b_ZWZ fWhW hecf[h Wb]kdei c_jei _di# jWbWZei [d bW c[djWb_ZWZ XhW# i_b[‹W Yece bWi YWhWYj[h‡ij_YWi jhef_YWb[i Z[ kd fW‡i W_ibWZe Z[ bWi YWj|ijhe\[i dWjkhWb[i gk[ ik# Y[Z[d [d [b fbWd[jW$
Ä“ĹŠ +ĹŠ2#1ĹŠ!.,/ 1 " ĹŠ!.-ĹŠ.31.2ĹŠ/1."4!3.2ĹŠ"#3#1,(- 1.-ĹŠ04#ĹŠ24ĹŠ1#-"(,(#-3.ĹŠ#2ĹŠ,#).1Ä“
Ĺ‹3/ Ĺ‹ -Ĺ‹, -#-. (. Ĺ‹ (. Ĺ‹ &Ĺ‹ ' #)Ĺ‹ &#'6.# )
2ĹŠ(-5#23(% !(.-#2ĹŠ"#,4#231 -ĹŠ04#ĹŠ#2ĹŠ + ĹŠĂŒ-(! ĹŠ#2/#!(#ĹŠ04#ĹŠ1#2(23#ĹŠ ĹŠ +3 ĹŠ3#,Äą /#1 341 ĹŠ8ĹŠ3(#-#ĹŠ4-ĹŠ/#1(.".ĹŠ"#ĹŠ1#2#15 Ä“ Ŋš BW fbWdjW Z[ okYW" jWcX_ƒd
I_d [cXWh]e" [b _d\ehc[ jWc# X_ƒd ^WY[ ^_dYWf_ƒ [d bW d[Y[i_ZWZ Z[ _dl[ij_]Wh c|i fWhW gk[ bW okYW de iebe i[W c|i h[i_ij[dj[ W fbW]Wi o [d\[hc[ZWZ[i" i_de gk[ i[ Yed# l_[hjW [d kd fei_Xb[ h[cfbWpe Z[ bei Ykbj_lei gk[ i[ l[d W\[YjWZei feh [b YWcX_e Yb_c|j_Ye$ ;d del_[cXh[ fWiWZe" Y_[dj‡# Ă’Yei Z[ bW EDK WZl_hj_[hed Z[ kd l_hki gk[" [d Ă›\h_YW" [ijWXW WbYWd# pWdZe d_l[b[i Z[ [f_Z[c_W$ BWi _d\[YY_ed[i l_hWb[i ^Wd WjWYWZe f[h_ÂŒZ_YWc[dj[ W bWi Yei[Y^Wi [d Wb]kdWi h[]_ed[i" be YkWb ^W ][d[hWZe ^WcXh[$
YedeY_ZW Yece cWdZ_eYW" fe# Zh‡W WokZWh W bei W]h_Ykbjeh[i W\h_YWdei W [d\h[djWhi[ Wb YWc# X_e Yb_c|j_Ye" i[]‘d kd h[Y_[dj[ [ijkZ_e Y_[dj‡ÒYe$ Æ;i Yece [b ĂˆHWcXeÉ Z[ bW Yei[Y^WÇ" [nfb_YW 7dZo @Whl_i" Z[b 9[djhe ?dj[hdWY_edWb fWhW bW 7]h_YkbjkhW Jhef_YWb Yed i[Z[ [d 9ebecX_W$ ÆC_[djhWi ejhei fheZkYjei fk[Z[d ik\h_h feh [b YWbeh o c|i fheXb[cWi Z[b YWcX_e Yb_c|j_Ye" bW okYW Yh[Y[Ç" [nfb_YW$ ;ijW hW‡p [i" Z[iZ[ j_[cfei fh[YebecX_dei" kde Z[ bei fhe# ZkYjei Wb_c[dj_Y_ei c|i Yedik# #/+(#%4#ĹŠ"#ĹŠ!4+3(5.2 c_Zei Z[b Yedj_d[dj[ Wc[h_YWde$ Eh_]_dWh_W Z[ 7cƒh_YW Z[b Ikh"
bW okYW \k[ _djheZkY_ZW [d [b Ă›\h_YW ikXiW^Wh_WdW feh bei Ye# c[hY_Wdj[i fehjk]k[i[i [d [b i_]be NL??$ :[ WYk[hZe Yed bei _dl[ij_]W# Zeh[i Z[b _d\ehc[ ĂˆÂľ;i bW okYW bW h[ifk[ijW W bW WZWfjWY_ÂŒd Wb YWcX_e Yb_c|j_Ye [d Ă›\h_YW5É" i[ jhWjW Z[ bW \k[dj[ Z[ YWhXe^_ZhW# jei c|i _cfehjWdj[ [d kd Yed# j_d[dj[ ZedZ[ c|i Z[ +&& c_# bbed[i Z[ f[hiedWi bW Yedikc[d YWZW Z‡W$ ;b Yedikce Z[ [ijW lWh_[ZWZ ikf[hW W i[_i fheZkYjei X|i_Yei Z[ bW Z_[jW Z[b Ă›\h_YW ikXiW^W# h_WdW Ă„fWfW" cW‡p" \h_`eb" fb|jW# de" [b c_`e o [ieh]eĂ„ [d (* ce# Z[bei Z[ fh[Z_YY_ÂŒd Z[b Yb_cW" Z_Y[ [b [ijkZ_e$ BW fbWdjW Yh[Y[ X_[d Yed WbjWi j[cf[hWjkhWi o" YkWdZe bb[]Wd bWi i[gk‡Wi" bW Yei[Y^W i[ ĂˆY_[hhWÉ ^WijW gk[ lk[blWd bWi bbkl_Wi" Z_`[hed bei Y_[dj‡ÒYei$
;2ĹŠ"#3 ++#2 ĹŠÄĄ #-#,.2ĹŠ,48ĹŠ/.! 2ĹŠ 4#- 2ĹŠ Ĺ—'(23.1( 2ĹŠ".-"#ĹŠ5#,.2ĹŠ!4+3(5.2ĹŠ04#ĹŠ
Ä“ĹŠ #ĹŠ!.-5(#13#ĹŠ#-ĹŠ4- ĹŠ +3#1- 3(5 ĹŠ/ 1 ĹŠ#-$1#-3 1ĹŠ#+ĹŠ' , 1#Ä“
1(-"#-ĹŠ(%4 +ĹŠ.ĹŠ,#).1ĹŠ!.-ĹŠ#+ĹŠ! , (.ĹŠ !+(,;3(!.ĹŠ8ĹŠÄƒ- +,#-3#ĔŊ!.-ĹŠ+ ĹŠ84! ĔŊ '#,.2ĹŠ#-!.-31 ".ĹŠ4-.ĢĔŊ"().ĹŠ#+ĹŠ #7/#13.ĹŠ -"8ĹŠ 15(2Ä“ #%ĂŒ-ĹŠ#+ĹŠ(-5#23(% ".1ĔŊ#23 2ĹŠ 2.-ĹŠ 4#- 2ĹŠ-.3(!( 2ĹŠ/ 1 ĹŠ (%#1( ĔŊ #+ĹŠ, 8.1ĹŠ/1."4!3.1ĹŠ"#ĹŠ:$1(! ĔŊ!.-ĹŠ ÄĄÄŠÄ?ĹŠ.ĹŠÄŠÄ?ĹŠ3.-#+ " 2ĹŠ/1."4!(" 2ĹŠ +ĹŠ  .ĢĔŊ 2~ĹŠ!.,.ĹŠ/ 1 ĹŠ+ ĹŠ #/ĂŒ +(! ĹŠ #,.!1;3(! ĹŠ"#+ĹŠ .-%.ĔŊ#+ĹŠ2#%4-".ĹŠ / ~2ĹŠ#-ĹŠ/1."4!!(¢-ĹŠ"#ĹŠ84! ĹŠ"#ĹŠ#2#ĹŠ !.-3(-#-3#Ä“
ĹŠ84! ĹŠ/4#"#ĹŠ2#1ĹŠ '.1 ĹŠ#+ĹŠ ÄĄĂŒ+3(,.ĹŠ1#!412.ĹŠ2(ĹŠ.31.2ĹŠ!4+3(5.2ĹŠ $ ++ -ĢĔŊ"().Ä“
Â&#x; Ä“ĹŠ -ĹŠ+ ĹŠ 2#ĹŠ".-"#ĹŠ1# +(9 -ĹŠ(-5#23(% !(.-#2ĹŠ2#ĹŠ/#1"(¢Ŋ(-$.1, !(¢-ĹŠ5 +(.2 Ä“
# (Ĺ‹ , ,Ĺ‹, Ĺ‹ Ĺ‹ , - ,0 -Ĺ‹ (Ĺ‹& Ĺ‹ (.6,.# Ĺ‹ } ĔŊ ĹŠÄ› KdW YeWb_Y_ÂŒd _dj[h# dWY_edWb Z[ eh]Wd_pWY_ed[i [Ye# be]_ijWi f_Z_ÂŒ [d Dk[lW P[bWdZW bW Yh[WY_ÂŒd Z[ kdW h[Z Z[ h[i[h# lWi cWh_dWi gk[ fhej[`Wd [b h_Ye [Yei_ij[cW Z[ bWi W]kWi YWi_ l‡h# ][d[i Z[ bW 7dj|hj_ZW$ BW 7b_WdpW EYƒWde 7dj|hj_Ye 7E7 ^_pe f‘Xb_Ye [d [b FWhbW# c[dje Z[ M[bb_d]jed" bW YWf_jWb d[ep[bWdZ[iW" kd _d\ehc[ [d [b gk[" Yece fh_c[h fWie" [n_][ bW Yh[WY_ÂŒd Z[ kdW h[i[hlW Z[ )", c_bbed[i Z[ a_bÂŒc[jhei YkWZhW# Zei [d [b CWh Z[ Heii$
4(" 1ĹŠ24ĹŠ1(04#9
BW 7E7 fh[j[dZ[ gk[ [ijW |h[W [d [b CWh Heii" gk[ WXWhYW ]hWd fWhj[ Z[ bWi W]kWi d[ep[bWdZ[iWi o [i YecfWhWXb[ W bW [nj[di_ÂŒd Z[ 7kijhWb_W" i[ Yedl_[hjW [d [b fh_# c[h [ibWXÂŒd Z[ kdW h[Z Z[ '/ h[# i[hlWi cWh_dWi Wbh[Z[Zeh Z[ bWi W]kWi gk[ heZ[Wd bW 7dj|hj_ZW$ Æ;b CWh Heii [i kde Z[ bei WcX_[dj[i cWh_dei c|i cWhWl_# bbeiei [ _dcWYkbWZei Z[b fbWd[# jWÇ" Z_`e 9^kYa <en" h[fh[i[djWd# j[ Z[ 7E7" i[]‘d [b Yeckd_YWZe Z[ fh[diW Z[ bW Wb_WdpW$
Ä“ĹŠ 23 ĹŠ;1# ĹŠ, 1(- ĹŠ/.2##ĹŠ%1 -ĹŠ5 1(#" "ĹŠ"#ĹŠ#2/#!(#2Ä“
Ä Ä€
Ŋ).5#-Ŋ !31(9Ŋ 8 Ŋ/ 2¢Ŋ +Ŋ%14/.Ŋ "#Ŋ+.2Ŋ2#1(.2Ŋ8Ŋ#+Ŋ $.134- ".Ŋ#2Ŋ#+Ŋ $1 -!_2Ŋ #-) ,(-Ŋ (++#/(#"ēŊ
0%!),+ (! 01. Ä Ä†Ĺ?)%*Ä‹
Ŋ : ĔŊ Ŋ ě 7 fh_dY_#
7 Ĺ?ĀăĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä‚
Ĺ? +. Ĺ?Ĺ?
42/#-"#ĹŠ2'.62ĹŠ/.1ĹŠ /1. +#, 2ĹŠ5.! +#2ĹŠ
ĹŠ: ĔŊ ĹŠÄš BW YWdjWdj[ YW# Z[Y_Z_ÂŒ l_W`Wh W Bei Ă›d][b[i dWZ_[di[ 9[b_d[ :_ed ikif[d# fWhW fed[hi[ [d cWdei Z[ kd Z[h| iki YedY_[hjei [d BWi L[# [if[Y_Wb_ijW$ BW _djƒhfh[j[ Z[ ĂˆCo ^[Whj ]Wi ;;$KK$ ZkhWdj[ Wb c[dei i[_i i[cWdWi feh fheXb[cWi [d m_bb ]e edÉ YedĂ’ÂŒ ik h[^WX_b_# kdW Z[ iki Yk[hZWi leYWb[i$ jWY_ÂŒd Wb ZeYjeh =[hWhbZ 8[h# BW Whj_ijW Z[ *) W‹ei Ye# a[" Z[b Y[djhe cƒZ_Ye K9B7 o Yedi_Z[hWZe kd h[\[# ckd_YÂŒ iki fheXb[cWi \‡i_Yei W jhWlƒi Z[ ik ĹŠ h[dj[ [d [b YWcfe Z[ bW f|]_dW m[X [b cWhj[i" bWh_d]ebe]‡W$ dej_Y_W gk[ jhWiY[dZ_ÂŒ BW YWdjWdj[ \k[ Wo[h [d bei c[Z_ei [ijW# (.-ĹŠ1#%1#2¢Ŋ ĹŠ Z_W]deij_YWZW Yed ÆZ[#
2ĹŠ #% 2ĹŠ#-ĹŠ Ä‰Ä‡ÄˆÄˆĹŠ!.-ĹŠ4-ĹŠ Zekd_Z[di[i$ X_b_ZWZ [d ik Yk[hZW ÆJhWjƒ Z[ YWdjWh [d -4#5.ĹŠ#2/#!3;Äą !4+.ĹŠ/#1, -#-3#ĹŠ leYWb Z[h[Y^W Z[h_lW# c_ fhk[XW Z[ ied_Ze 31 2ĹŠ4- ĹŠ/1(,#1 ĹŠ ZW Z[ kdW [d\[hc[ZWZ #23 -!( ĹŠ#-31#ĹŠ bW i[cWdW fWiWZW o de ĉććĊŊ8ŊĉććÄ?Ä“ĹŠ l‡h_YWÇ o jkle gk[ YWd# j[d‡W Yedjheb ieXh[ c_ Y[bWh bW WYjkWY_ÂŒd gk[ lep Z[ d_d]kdW cWd[# j[d‡W fh[l_ijW fWhW [b hW$ F[diWcei gk[ Z[ifkƒi Z[ '. Z[ cWhpe$ kdei feYei Z‡Wi Z[ Z[iYWd# ;ij| fh[l_ije gk[ :_ed h[# ie c[`ehWh‡W f[he de \k[ Wi‡$ jec[ iki YedY_[hjei Z[ YWhW Wb ?cW]_de gk[ [i f[eh Z[ be gk[ l[hWde Yed WYjkWY_ed[i [djh[ f[diWXWÇ" [nfb_YÂŒ :_ed" gk_[d [b / Z[ `kd_e o [b '/ Z[ W]eije$
Ä“ĹŠ (.-ĹŠ/.Äą 2##ĹŠ4- ĹŠ"#ĹŠ+ 2ĹŠ,#).1#2ĹŠ 5.!#2ĹŠ$#,#-(- 2ĹŠ#-ĹŠ+ ĹŠ !34 +(" "ĹŠ8ĹŠ"#2"#ĹŠÄ‰Ä‡ÄˆÄˆĹŠ !3ĂŒ ĹŠ#-ĹŠ 2ĹŠ #% 2Ä“ĹŠ
.-$(1, -ĹŠ ." ĹŠ ĹŠ ĹŠ
(#-ĔŊ/#1.Ŋ! -2 ".Ŋ
Ĺ—ĹŠ ĹŠĹŠ;b Yec[Z_Wdj[ c[n_YWde HeX[hje =ÂŒc[p 8ebW‹ei Ăˆ9^[if_h_jeÉ i[ [dYk[djhW Æcko X_[dÇ Z[ iWbkZ o [ceY_e# dWZe jhWi ik ^ec[# dW`[ [d [b 7kZ_jeh_e DWY_edWb" i[]‘d YedjÂŒ [b fhef_e Whj_ijW W jhWlƒi Z[ Jm_jj[h$ Æ=hW# Y_Wi W jeZei bei gk[ [ij|d fh[]kdjWdZe feh c_ iWbkZ" c[ [dYk[djhe YWdiWZe" f[he CKO X_[dÇ" [iYh_X_ÂŒ [b Whj_ijW Z[ .) W‹ei$ ĹŠ
-Ŋ!(2-#Ŋ+#2Ŋ! , (¢Ŋ+ Ŋ5("
ĹŠ
DWjWb_[ o 8[`Wc_d i[ YedeY_[hed [d [b heZW`[ Z[ bW bWkh[WZW f[b‡Yk# bW Ăˆ9_id[ d[]heÉ" Ă’bc[ gk[ b[ Z_e kd âiYWh W C[`eh WYjh_p W Fehj# cWd$ ;d Wgk[bbW Y_djW C_bb[f_[Z ^_pe Z[ Yeh[ÂŒ]hW\e ik fhe\[i_ÂŒd o jkle kd heb i[YkdZWh_e$ BW fWh[`W j_[d[ kd ^_`e" 7b[f^" dWY_Ze [d `kd_e fWiWZe$
3 +(#Ŋ .13, -Ŋ #2Ŋ!.-2("#1 " Ŋ 4- Ŋ"#Ŋ+ 2Ŋ !31(Ĺ !#2Ŋ,#).1Ŋ5#23(Ĺ " 2Ŋ"#+Ŋ,4-".Ŋ8Ŋ Ŋ242ŊĊćŊ  .2Ŋ' Ŋ !.2#!' ".Ŋ (,/.13 -3#2Ŋ/1#Ĺ ,(.2ĔŊ!.,.Ŋ#+Ŋ ¥2! 1Ŋ8Ŋ#+Ŋ +. .Ŋ "#Ŋ 1.ē
2ĹŠ/1#$(#1#ĹŠ"(2!1#3 2ĹŠ ^ ĔŊ ŊěŊ>WY[ YWi_ eY^e c[i[i gk[ [b YWdjWdj[ [ifW‹eb :Wl_Z 8_iXWb WdkdY_ÂŒ bW i[fWhWY_ÂŒd Z[ ik fWh[`W o cWZh[ Z[ ik ^_`W" ;b[# dW JWXbWZW" o Wkdgk[ jeZWl‡W de [ij| fh[fWhWZe fWhW XkiYWh ejhW ck`[h" j_[d[ YbWhe gk[ i_ fkZ_[# hW [b[]_h" Z[i[Wh‡W gk[ \k[hW kdW
f_ei Z[ bW i[cWdW i[ [if[YkbÂŒ gk[ DWjWb_[ FehjcWd i[ ^WX‡W YWiWZe [d i[Yh[je" bk[]e Z[ gk[ [d bW Wb\ecXhW he`W Z[ bei âiYWh bkY_[hW kdW X[bbW Wh]ebbW" be gk[ Z_e \k[hpW Wb hkceh \k[ gk[ ik W^ehW [ifeie ceijhWhW kdW `eoW _Zƒdj_YW W bW Z[ ik WcWZW$ 7^ehW [b `eo[he Z[ bWi Wb_Wd# pWi YedĂ’hcW bW l[hi_ÂŒd0 Fehj# cWd i[ YWiÂŒ [d i[Yh[je Yed 8[d# `Wc_d C_bb[f_[Z" Wi‡ be Z_`e [d kd Yeckd_YWZe ZedZ[ [nfb_YÂŒ gk[ bei Wd_bbei \k[hed Yh[WZei Yed fbWj_de h[Y_YbWZe o Z_WcWd# j[i" i[]‘d _d\ehcÂŒ [b fehjWb Z[ [khefWfh[ii$[i$ 7Z[c|i" @Wc_[ Meb\ h[l[bÂŒ gk[ [b XW_bWh‡d \k[ [b h[ifediW# Xb[ Z[b Z_i[‹e Z[ bWi `eoWi fk[i [ijkle f[dZ_[dj[ Z[ gk[ [b WY# Y[ieh_e YedjWhW Yed Z[jWbb[i gk[ jkl_[hWd \[b_p W ik ck`[h oW gk[ YedeY[ W bW f[h\[YY_ÂŒd iki ]kijei$
ÄˆÄ‘ĹŠ!.-ĹŠ4-ĹŠ 43.
Ĺ—ĹŠ ĹŠĹŠ;b YWdjWdj[ YWdWZ_[di[ @ki# j_d 8_[X[h Ykcfb_ÂŒ [b `k[l[i
f[hiedW Z_iYh[jW$ ÆFh_c[he" Z[`Wh [b j_[cfe fW# iWh" f[he i_ jkl_[i[ bW efehjkd_# ZWZ Z[ [b[]_h" Z_iYh[Y_ÂŒd Wb c|n_# ce" [ie [i be gk[ W c‡ c[ ]kijWÇ" Wi[]khÂŒ [b Whj_ijW [d kd [dYk[d# jhe Yed c[Z_ei Z[ Yeckd_YWY_ÂŒd [d 9_kZWZ Z[ Cƒn_Ye$
ĹŠ ĹŠ
4ĹŠ2#!4#+ 3(#-#ĹŠ%4(.-(23 ĹŠ
'. W‹ei o fWhW Y[b[XhWh ik cWoeh‡W Z[ [ZWZ [b W][dj[ Z[b Whj_ijW b[ h[]WbÂŒ kd WkjecÂŒl_b Z[fehj_le [bƒYjh_Ye Z[ bk`e [b AWhcW Z[b \WXh_YWdj[ <_ia[h ZkhWdj[ kd fhe]hWcW Z[ j[b[# l_i_ÂŒd o kd hƒYehZ =k_dd[ii Z[ c[diW`[i h[Y_X_Zei W jhWlƒi Z[ bWi h[Z[i ieY_Wb[i$ ĹŠ
#1(#ĹŠ"#+ĹŠÄĽ (3 -(!ÄŚ
Ĺ—ĹŠ ĹŠĹŠ9_[d W‹ei Z[ifkƒi Z[ ik ^kdZ_c_[dje o jhWi c‘bj_fb[i f[b‡YkbWi o b_Xhei ieXh[ ik jh|]_Ye Z[ij_de" bW YWZ[dW Xh_j|d_YW ?JL' h[bWjWh| ÆbW ^_ijeh_W Yecfb[jWÇ Z[b J_jWd_Y [d kdW c_d_i[h_[ Z[ YkWjhe YWf‡jkbei gk[ i[ [ijh[dWh| [b (* Z[ cWhpe$ ĹŠ
ĹŠ: ĹŠÄ› F[j[h 9hW_]" b_Xh[j_ijW Z[ ĂˆJ^[ jemdÉ (&'& i[h| [b [dYWh]WZe Z[ h[ZWYjWh [b ]k_ed fWhW bW i[]kdZW fWhj[ Z[ ĂˆJef =kdÉ '/., " [b Ă’bc[ gk[ YedĂ’hcÂŒ [b [ijh[bbWje [d >ebbome# eZ Z[ Jec 9hk_i[" _d\ehcÂŒ bW [Z_Y_ÂŒd Z_# ]_jWb Z[ bW h[l_ijW J^[ >ebbomeeZ H[fehj[h$ ĹŠ
Ä“ĹŠ ++ ĹŠ#2ĹŠ#+ĹŠ-., 1#ĹŠ"#ĹŠ+ ĹŠ'() ĹŠ "#ĹŠ (2 +Ä“ĹŠĹŠ
7 ĀăĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä‚Ĺ?
Ĺ? +. ÄŒĹ?
Ä Ä
ĹŠ ĹŠ ĹŠ ĹŠÄ‰Ä‡ÄˆÄ‰
- ĹŠ"_! " ĹŠ2. 1#ĹŠ +.2ĹŠ#2!#- 1(.2
Ä“ĹŠ 4" * 8 ĹŠ2(%-(ă! Ä–ĹŠÄĄ+.2ĹŠ241 ,#1(! -.2ĹŠ"#+ĹŠ,  - Ģē
ĹŠ -" ĹŠ#!4 3.Äą 1( - ĹŠ!#+# 1 1;ĹŠ242ĹŠ ÄˆÄ‡ĹŠ  .2ĹŠ!.-ĹŠ4- ĹŠ %(1 ĹŠ/.1ĹŠ 23 ".2ĹŠ -(".2Ä“ĹŠ ĹŠ ĔŊ ĹŠÄ› BW XWdZW [YkWje#
h_WdW IkZWaWoW" gk[ \ki_edW h[# ]]W[ o ejhWi l[hj_[dj[i" Y[b[XhW ik ZƒY_ce Wd_l[hiWh_e Yed ik fh_c[# hW ]_hW Z[ YedY_[hjei [d ;;$KK$" gk[ h[Yehh[h| '& Y_kZWZ[i Z[ fe# XbWY_ÂŒd bWj_dW o YedYbk_h| [d 7ki# j_d" J[nWi" [d bW \WceiW \[h_W Z[ bW c‘i_YW ĂˆJ^[ Iekj^ 8o Iekj^m[ij Cki_YÉ ĂˆINIMÉ $
ĹŠ%(1
Æ;ijWcei cko Yedj[djei Z[ [i# jWh Wgk‡" [ij[ [i kd be]he Z[ bei '& W‹ei Z[ bW XWdZWÇ" i[‹WbÂŒ 7hjkhe D_YebWbZ[" XWj[h_ijW Z[ bW XWdZW" [d Yed\[h[dY_W Z[ fh[diW [d [b 9edikbWZe Z[ ;YkWZeh [d Dk[lW Oeha$ Ik YecfW‹[he" [b leYWb_ijW @kWd CWdk[b I[l_bbW" Z[ijWYÂŒ gk[ ^WY[ ( W‹ei i[ jhWpWhed bW c[jW Z[ bb[]Wh W ;;$KK$" ZedZ[ oW i[ fh[i[djWhed Wo[h [d ;b_# pWX[j^ Dk[lW @[hi[o o cW‹W# dW [d [b YedZWZe Z[ Gk[[di [d Dk[lW Oeha" [b ^e]Wh Z[ bW cW# oeh Yeckd_ZWZ [YkWjeh_WdW [d [ijW Y_kZWZ$ BW ]_hW Z[ (& Z‡Wi b[i bb[#
lWh| WZ[c|i W 9^_YW]e ?bb_# de_i " MWi^_d]jed" Wi‡ Yece W C_Wc_" JWbbW^Wii[ o EhbWdZe <beh_ZW " Dk[lW Ehb[Wdi Bk_# i_WdW " jWcX_ƒd W >ekijed o 7kij_d [d J[nWi" ZedZ[ i[h|d fWhj[ Z[ -&& XWdZWi [b[]_ZWi fWhW jeYWh Wdj[ Z_iYe]h|Ă’YWi o fheZkYjeh[i gk[ Wi_ij[d Wb _c# fehjWdj[ [l[dje$ Kd jejWb Z[ ($-&& ]hkfei ieb_# Y_jWhed fWhj_Y_fWh [d J^[ Iekj^ 8o Iekj^m[ij Cki_Y INIM " gk[ i[ h[Wb_pW Z[iZ[ '/.-" f[he iÂŒbe -&& \k[hed WY[fjWZWi" [d# jh[ [bbWi [b ]hkfe [YkWjeh_Wde gk[ WYkZ[ Wb [l[dje" Z[b ') Wb '. Z[ cWhpe" Yed [b Wfeoe Z[b C_# d_ij[h_e Z[ 9kbjkhW [YkWjeh_Wde$
.2ĹŠ3#+.-#1.2
8WdZWi beYWb[i Z[ c‘i_YW Wbj[h# dWj_lW WYjkWh|d Z[ j[bed[hei Zk# hWdj[ bW ]_hW" [djh[ [bbei KdW l‡W" ;Ybƒaj_Ye" 9^Wd]WbW o DWjkhWb IekdZ" Z[ c‘i_Yei bWj_deWc[h_# YWdei hWZ_YWZei [d Dk[lW Oeha o Dk[lW @[hi[o" gk[ cWd_\[ijW# hed i[h| Ækd ^edehÇ YecfWhj_h [b [iY[dWh_e Yed kdW XWdZW W bW gk[ WZc_hWd$ IkZWaWoW i[ fhefed[ WZ[# c|i bWdpWh ik j[hY[h Z_iYe" gk[ [if[hWd j[d[h [d [b c[hYWZe [d `kd_e" [d [b gk[ Yedj_dkWh|d [n# f[h_c[dje Yed bW \ki_ÂŒd o gk[ h[Ă“[`Wh| bW cWZkh[p gk[ ^Wd WZ# gk_h_Ze ZkhWdj[ bW ZƒYWZW gk[ ^Wd fWiWZe [d bei [iY[dWh_ei$
( -#++ ĹŠ ++ 1".ĹŠ #11#1
;d (&&, \k[ Z[i_]dWZW H[_dW Z[ CWY^WbW" [d [ij[ f[h‡e# Ze" i[ _dlebkYhŒ [d [b |h[W ieY_Wb o feh [bbe Z[i[W i[]k_h YWdWb_pWdZe ik Wfeoe W jhWlƒi Z[ bW <kdZWY_Œd C_ii ;YkW# Zeh$ =_Wd[bbW =WbbWhZe" Z[ (( W‹ei o Yed kdWi c[Z_ZWi /&#,(#/(" [i bW ‘d_YW eh[di[ Z[b YedYkhie$ ;ijkZ_W [d bW Kd_l[hi_ZWZ Z[ ;if[Y_Wb_ZW# Z[i ;if‡h_jk IWdje o [djh[ iki fWiWj_[cfei b[ ]kijW fh[fW# hWh iki feijh[i \Wleh_jei$
ŏ ŏ ŏ ŏ ŏ
āĂ
(+*2' *#ũ"#ũ$143(++ ũ
7 Āăŏ ŏ ŏ ŏĂĀāĂŏ
ŏ +. ŏ Čŏ
Ĉũ3 9 ũ"#ũ %4 ē Ĉũ3 9 ũ"#ũ+#!'#ē ĈĎćũ%1 ,.2ũ"#ũ$143(++ 2ē ĈĵČũ3 9 ũ"#ũ 9Ì! 1ē Ĉćũ!4 .2ũ"#ũ'(#+.ē Ĉũ!4!' 1 "(3 ũ"#ũ#2#-!( ũ"#ũ5 (-(++ ē Ďũ!4!' 1 " 2ũ"#ũ'#+ ".ũ"#ũ5 (-(++ ē ďũ$143(++ 2ũ#-ũ1." ) 2ē
¡ Ė
%1#%4#ũ#+ũ %4 ũ#-ũ+ ũ+(!4 ".1 ēũ
4#%.ũ " ũ+ ũ+#!'#Ĕũ+.2ũĈĎćũ%1 ı ,.2ũ"#ũ$1#2 2ũ8ũ#+ũ 9Ì! 1ēũ #9!+#ũ "41 -3#ũ4-ũ,(-43.ēũ " ũ+.2ũ!4 (ı 3.2ũ"#ũ'(#+.Ĕũ+ ũ#2#-!( ũ"#ũ5 (-(++ Ĕũ#+ũ '#+ ".ũ8ũ+ 2ũ$1#2 2ēũ ;3 + 2ũ"41 -3#ũ 4-ũ,(-43.Ĕũũ2(15 ũũ8ũ2 .1_#+ 2ē
1-#ũ 2 " ũ#-ũ 4-ũ".2ũ/.1ũ31#2
ŗũ ũũ;ij[ [i kd i_ij[cW i_cfb[ gk[ i_hl[ fWhW YWi_ jeZWi bWi YWhd[i o j_[d[ bei c|i [nY[b[d# j[i h[ikbjWZei$ 9e`W bW YWhd[ gk[ gk_[hW WiWh o Yeb gk[bW [b Z W Wdj[h_eh jWfWZW Yed W]kW o iWb [i Z[Y_h [d iWbck[hW $ BW Z[di_ZWZ Z[ bW iWb Z[f[dZ[ Z[b jWcW e Z[ bW YWhd[ o Z[b j_[cfe gk[ [ijWh| [d h[ce`e$ 7b Z W i_]k_[dj[ Yeb gk[bW [d [b ^ehde eXj[d_[dZe kdW Yehj[pW Yhk`_[dj[ o kdW YWhd[ iWXheiW$
(+*2' *#Ĕũ # (" ũ-431(3(5 ũ 8ũ"#+(!(.2 ũ
ēũ .2ũ,(+*2' *#2ũ2.-ũ/#1$#!3.2ũũ/ 1 ũ4- ũ2. 1#,#2 ũ/.104#ũ/."1~ ũ!.-2("#1 12#ũ! 2(ũ4-ũ/.231#ũ"#ũ2 .1ũ"4+!#ũ 8ũ,48ũ24 5#ē
;2ũ)4%.ũ"#ũ- 1 -)
ŗũ ũũI_ Z[i[W fh[fWhWh kdW Z[b_# Y_eiW X[X_ZW h[\h[iYWdj[ W XWi[ Z[ dWhWd`Wi" be _Z[Wb [i eXj[d[h bW c|n_cW YWdj_ZWZ Z[ `k]e Z[ bWi c_icWi$ 9ed bW WokZW Z[ kd YkY^_bbe h[j_h[ bW Y|iYWhW Z[ bWi dWhWd`Wi o gk_j[ bW cWoeh fWhj[ Z[ bW YWfW XbWdYW gk[ i_]k[$$ FWhjW bW \hkjW f[bWZW [d jhepei ]hWdZ[i o h[j_h[ bW cWoeh W Z[ bWi i[c_bbWi$ B_Yk[ Yed kd feYe Z[ W]kW o Y_[hdW$ :[f[dZ_[dZe Z[ gk jWdjW YWdj_ZWZ Z[ W]kW Z[ dWhWd`W Z[i[[ fh[fWhWh" W]h[]k[ W]kW [njhW o [dZkbY[ W ik ]kije$ :[ [ijW cWd[hW i[ Wfhel[Y^W Wb c|n_ce [b `k]e Z[ [ij[ Z[b_Y_eie Y jh_Ye o bW YWdj_ZWZ gk[ i[ eXj_[# d[ [i cWoeh$
ũ .ũ' 8ũ/#12.- ũ04#ũ2#ũ1#2(23 ũ ũ#23 ũ ,#9!+ ũ"#ũ2 .1#2ũ04#ũ "#,;2ũ"#ũ1#ı $1#2! 1ũ#-! -3 ũ +ũ/ + " 1ē 7 ]hWdZ[i o Y^_Yei b[i [dYWdjW iWXeh_pWdj[i Yece [b `WhWX[ i[hl_hi[ bei c_bai^Wa[i" jWc# Z[ \hkjWi" iWbiW Z[ Y^eYebWj[ e X_ d YedeY_Zei Yece XWj_Zei e [i[dY_Wi" bei YkWb[i b[ ZWd kd cWbj[WZWi" [d YkWbgk_[h feYW jegk[ [if[Y_Wb$ Kd c_bai^Wa[ gk[ZW Z[b W e$ O [i gk[ [ijW X[# f[h\[Yje fWhW kdW jWhZ[ X_ZW ZkbY[ o \h W gk[ j_[d[ ũ Y|b_ZW" ieXh[ jeZe fWhW Z_# c_b[i Z[ lWh_WY_ed[i" [i [ngk_i_jW$ l[hj_h W bei c|i f[gk[ _# 4#-ũ !.,ı jei Z[ bW YWiW$ Ik \ehcW Z[ Iki fh_dY_fWb[i _d# -ũ / -3#ũ"#ũ ]h[Z_[dj[i ied bW b[Y^[" ,(+*2' *#ũ#2ũ4-ũ fh[fWhWhbe [i ikcWc[dj[ [b ^[bWZe e b[Y^[ ^[bWZW$ 2;-"4!'#ũ"#ũ 04#2.ũ! +(#-3#ēũ \|Y_b o h|f_ZW$ 7 Yedj_dkWY_ d Wb]k# 7Z[c|i i[ b[ W]h[]Wd
-ũ/.!.ũ "#ũ'(23.1( ũũ ũ/1(,#1 ũ1#$#1#-!( ũ +ũ3_1,(-.ũ ŗ 3(".ũ / 1#!(¢ũ(,/1#2 ũ#-ũĈđđĎũ8ũ
!.-3#-~ ũ4-ũ/.!.ũ"#ũ6'(2*8ēũ +ũ ı 3(".ũ, +3# ".ũ04#ũ(-!+48#ũ/.+5.ũ"#ũ +#!'#ũ, +3# " ũĸ04#ũ!.-3(#-#ũ+#!'#ũ #-ũ/.+5.Ĕũ!# " ũ, +3# " ũ8ũ' 1(- ũ "#ũ31(%.Ĺũ$4#ũ(-5#-3 ".ũ#-ũĈđĒĐũ/.1ũ 4(++#1,.ũ .1+(!*ēũ ũ # (" ũ$4#ũ /#-2 " ũ!.,.ũ1#!.-23(348#-3#ũ/ 1 ũ + 2ũ/#12.- 2ũ(-5;+(" 2ũ8ũ+.2ũ-( .2ē
dWi h[Y[jWi Yed Z_\[h[dj[i iWXe# h[i" fWhW gk[ fh[fWh[ [d YkWb# gk_[h eYWi_ d$
(+*2' *#ũ"#ũ - - ũ !.-ũ!'.!.+ 3#
Ĉũ - - ē Ĉũ!4!' 1 " ũ"#ũ2 +2 ũ"#ũ! 1 ,#+.ē Ĉćũ!4 .2ũ"#ũ'(#+.ē ĉũ3 9 2ũ"#ũ+#!'#ē Ċũ!4!' 1 " 2ũ"#ũ'#+ ".ũ"#ũ5 (-(++ ē ĉũ 11 2ũ"#ũ!'.!.+ 3#ũ1 ++ ".ē ¡ Ė
% ũ4-ũ/41_ũ!.-ũ+ ũ - - ēũ #2/4_2ũ,#9!+#ũ#+ũ/41_ũ!.-ũ+ ũ 2 +2 ũ"#ũ! 1 ,#+.Ĕũ+ ũ+#!'#Ĕũ#+ũ '#+ ".ũ8ũ#+ũ'(#+.Ĕũ#-ũ4- ũ+(!4 ".1 ēũ _9!+#+.2ũ"41 -3#ũĈũ,(-43.ũ ũ 5#+.!(" "ũ,;7(, ēũ #3(1#ũ"#ũ+ ũ +(!4 ".1 ũ8ũ2~15 +.2ũ#-ũ4-ũ5 2.ũ +3.ēũ 2/.+5.1##ũ!'.!.+ 3#ũ1 ++ ".ũ8ũĞ ũ "(2$143 1ĝ
(+*2' *#ũ"#ũ5 (-(++
ĉũ3 9 2ũ"#ũ'#+ ".ũ"#ũ5 (-(++ ē Ĉũ3 9 ũ"#ũ+#!'#ũ$1~ ē ĈĵČũ3 9 ũ"#ũ!1#, ũ"#ũ+#!'#ũ.ũ- 3 ē Ċũ!4!' 1 "(3 2ũ"#ũ 9Ì! 1ē ¡
.-% ũ3.".2ũ+.2ũ(-%1#"(#-3#2ũ#-ũ+ ũ +(!4 ".1 ũ8ũ,_9!+#+.2ũ' 23 ũ04#ũ #2/#2#-ēũ #2/4_2ũ++#-#ũ".2ũ!./ 2ũ +3 2ũ!.-ũ#+ũ!.-3#-(".ũ04#ũ/4#" ũ "#!.1 1Ĕũ8ũũ"#!¢1#+.2ũ!.-ũ!' -3(++8ũ8ũ !'.!.+ 3#ũ#-ũ/.+5.ē
(+*2' *#ũ"#ũ % ++#3 2ũ¢1#.ũ
Ĉĉũ% ++#3 2ũ 1#.ē Ĉũ3 9 ũ8ũ,#"(.ũ"#ũ+#!'#ē ĉũ3 9 2ũ"#ũ'#+ ".ũ"#ũ5 (-(++ ũ24 ı 5(9 ".ē ĉũ!4!' 1 " 2ũ"#ũ2 +2 ũ"#ũ!'.!.ı + 3#ē
11#%+#ũ#+ũ%4(2.ũ2 + ".
ŗũ ũũ9kWdZe kd ]k_ie [ij[ YWi_ b_i# je" i_[cfh[ Z[X[ fheXWhbe fWhW
h[Yj_ÒYWh bW iWb o bWi [if[Y_[i$ ;d YWie Z[ gk[ [ij [njh[cWZW# c[dj[ iWbWZe" fk[Z[ Whh[]bWhbe Z[ kdW \ehcW cko \|Y_b$ 7 WZW kdei jhepei Z[ fWfWi YehjWZWi Z[ \ehcW h ij_YW$ I_ gk_[h[ fk[Z[ cWdj[d[h bWi fWfWi e jWcX_ d fk[Z[ h[j_hWhbWi$ BW \kdY_ d Z[ bW fWfW [i gk[ WXiehX[ cko X_[d bW iWb$
¡
#ũ/ 13#-ũ+ 2ũ% ++#3 2ũ#-ũ31.9.2ũ /#04# .2ēũ 4#%.ũ2#ũ+ 2ũ!.+.! ũ#-ũ+ ũ +(!4 ".1 Ĕũ2#ũ "#ũ+ ũ+#!'#Ĕũ#+ũ'#+ ı ".ũ"#ũ5 (-(++ ũ8ũ+ ũ2 +2 ũ"#ũ!'.!.+ ı 3#ēũ #%4(" ,#-3#ũ2#ũ31(341 ũ' 23 ũ !.-2#%4(1ũ4-ũ 3(".ũ!1#,.2.Ĕũ!.-ũ ,4!' 2ũ! +.1~ 2Ĕũ/#1.ũ31#,#-" ı ,#-3#ũ"#+(!(.2.ē ēũ 2ũ4- ũ#7!#+#-3#ũ./!(¢-ũ/ 1 ũ+.2ũ"~ 2ũ"#ũ! +.1ē
+(,#-3.2ĹŠ04#ĹŠ-.ĹŠ 2#ĹŠ"# #-ĹŠ!.-%#+ 1
7 ĀăĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä‚Ĺ?
Ĺ? +. ÄŒĹ?
Ä Äƒ
.ĹŠ3.".2ĹŠ+.2ĹŠ/1."4!3.2ĹŠ2#ĹŠ/1#2#15 -ĹŠ ,#).1ĹŠ#-ĹŠ+ ĹŠ1#$1(%#1 ".1 Ä“ĹŠ 4!'.2ĹŠ"#Äą #-ĹŠ#23 1ĹŠ+#).2ĹŠ"#+ĹŠ$1~.Ä“
BW j[dZ[dY_W Z[ bW ieY_[ZWZ[i ceZ[hdWi ikfed[ YecfhWh [d [dehc[i YWdj_ZWZ[i jeZe be gk[ i[ fk[ZW" _dYbk_ZW feh ik# fk[ije bW Yec_ZW$ FWhW Yedi[h# lWhbW i[ h[gk_[h[ [djedY[i Z[ kdW ]hWd h[\h_][hWZehW ZedZ[ [djh[ jeZe$ F[he de jeZei bei Wb_c[djei i[ Z[X[d c[j[h [d [b \h‡e fWhW cWdj[d[hi[ [d Xk[d [ijWZe$ 7b]kdei i[ Yedi[hlWd [d j[c# f[hWjkhW WcX_[dj[ o W YWcX_e be gk[ ^WY[ [b h[\h_][hWZeh [i gk_jWhb[i iki fhef_[ZWZ[i eh_# ]_dWb[i" ZW‹Wh ik iWXeh o ik j[njkhW$ C_a[b BÂŒf[p ?jkhh_W]W" [iYh_# jeh Z[b Xbe] Ăˆ;b Yec_Z_ijWÉ Z[b Z_Wh_e ;b FW‡i Z[ ;ifW‹W" i[‹WbW gk[ ^Wo WYjei Z[ Æd[l[h_iceÇ gk[ feZh‡Wd Yedi_Z[hWhi[ ĂˆYh_# c_dWb[iÉ Z[iZ[ kd fkdje Z[ l_i# jW ]WijhedÂŒc_Ye$ #1)4"(!( +
I[]‘d BÂŒf[p" [b [`[cfbe c|i YbWhe [i [b Z[b jecWj[$ Æ;b \h‡e ZW‹W bWi c[cXhWdWi _dj[h_eh[i Z[b \hkje o Yedl_[hj[ ik fkbfW [d kdW fWijW _di‡f_ZW o fWije# iWÇ" Z_Y[ o i[‹WbW gk[ be c[# `eh [i j[d[hbei W j[cf[hWjkhW WcX_[dj[$ ;d YWie Z[ ^WX[h Yec[j_Ze [b [hheh Z[ c[j[hbei [d bW h[\h_][hWZehW" be c[`eh [i Z[`Whbei kd Z‡W \k[hW Wdj[i Z[ Yec[hbei oW gk[ Z[ [ijW \ehcW h[Ykf[hWd Wb]e Z[ iWXeh$ ;b ]WijhÂŒdece cWd_\_[ijW gk[ ejhe YWie [i [b Z[ bei \hk# jei l[hWd_[]ei c[beYejed[i" c[bed[i" d[YjWh_dWi" X[h[d`[# dWi" YWbWXWY_d[i" f_c_[djei$$$ $ ÆDe bb[lWd Z[cWi_WZe X_[d be Z[ l_l_h kd i‘X_je _dl_[hde [d [b h[\h_][hWZeh" o fWbcWd [d iW# Xeh o [d j[njkhW W c[dei Z[ '& ]hWZeiÇ" [nfb_YW BÂŒf[p 7i_c_ice" [ij|d bWi \hk# jWi Z[ eh_][d jhef_YWb Yece [b W]kWYWj[$ ÆBW c[`eh \ehcW fWhW WYWXWh Yec_[dZe kdW Ăˆf_[ZhWÉ Z[ Yebeh l[hZ[ [i c[# j_ƒdZebe [d bW d[l[hW YkWdZe W‘d [ij| Zkhe$ C[`eh [i Z[`Wh# be [d kd bk]Wh eiYkhe o \h[i# YeÇ" Wi[]khW [b jWcX_ƒd f[h_e# Z_ijW o Ă’bÂŒie\e [ifW‹eb$ Be c_ice eYkhh[ Yed bW f_‹W o [b fb|jWde$ ÆBWi XW`Wi j[cf[#
!411#-!( 2Ŋ ŗŊŊ #3#1Ŋ!#1# +#2ĔŊ+#%4, 1#2ĔŊ $143.2Ŋ2#!.2ĔŊ!.-2#15 2Ŋĸ2 +5.Ŋ+ 2Ŋ
2#,(!.-2#15 2ĹŠ"#ĹŠ -!'. 2ĔŊ04#ĹŠ 2~ĹŠ1#04(#1#-ĹŠ$1~.ĚĔŊ/ 23 ĔŊ' 1(- ĹŠ.ĹŠ 9ĂŒ! 1ĹŠ#-ĹŠ+ ĹŠ1#$1(%#1 ".1 ĹŠ#2ĹŠ4-ĹŠ "(2/ 1 3#ĔŊ"#ĹŠ !4#1".ĹŠ2#%ĂŒ-ĹŠ (*#+ĹŠ
¢/#9ĔŊ04(#-Ŋ!.-2("#1 Ŋ04#Ŋ-.Ŋ' 8Ŋ -(-%4- Ŋ-#!#2(" "Ŋ"#Ŋ' !#1+.ē
hWjkhWi WdkbWd bWi [dp_cWi gk[ b[i f[hc_j[d cWZkhWh" [djed# Y[i ejhWi [dp_cWi Yec_[dpWd W WYjkWh Yed c|i \k[hpW$ KdWi YWkiWd ZW‹ei Y[bkbWh[i [h]e j[njkhW fWijeiW c_[djhWi gk[ [d [b YWie Z[ bW XWdWdW" [dd[# ]h[Y[d bW f_[bÇ$ >Wo ^ehjWb_pWi gk[ i[ fk[# Z[d o i[ Z[X[d WbcWY[dWh \k[# hW Z[ bW d[l[hW Yece ied bWi fW# fWi" bWi Y[XebbWi e bei W`ei$ ;d bW h[\h_][hWZehW" bei Wbc_Zed[i Z[ bW fWfW i[ Yedl_[hj[d [d Wp‘YWh feh [b \h‡e" feh be gk[ ik iWXeh YWcX_W$ (Ŋ/#-2 1+.
BÂŒf[p ieij_[d[ gk[ kd [hheh cko \h[Yk[dj[ [i [b Z[ c[j[h [b fWd e bW fWij[b[h‡W [d bW h[\h_][# hWZehW fehgk[" Wb YedjhWh_e Z[ be gk[ fWh[Y[" [dl[`[Y[d c|i h|f_Ze gk[ [d kdW fWd[hW ieXh[ bW [dY_c[hW Z[ bW YeY_dW$ ÆI_ i[ gk_[h[d Yedi[hlWh c|i Z[ kd fWh Z[ Z‡Wi" be c[`eh [i Yed][bWh [d h[XWdWZWi e jhepei f[gk[‹ei [ _h Z[iYed][bWdZe [d [b jeijWZeh e W j[cf[hWjkhW WcX_[dj[Ç" WĂ’hcW BÂŒf[p$ Bei gk[iei i[Yei jWcfeYe ^Wo feh gkƒ c[j[hbei [d bW d[# l[hW i_ i[ Yedikc[d Yed Y_[hjW hWf_Z[p o i[ Z_ifed[ Z[ kd bk# ]Wh \h[iYe [d bW YWiW ZedZ[ i[ fk[ZWd ]kWhZWh [dlk[bjei [d fWf[b$ :[ ^[Y^e" [b [if[Y_Wb_ijW Wi[l[hW gk[ Yec[hi[ kd gk[ie Z[ [ij[ j_fe h[Y_ƒd iWb_Ze Z[b \h‡e [i kd Wi[i_dWje ]WijhedÂŒ# c_Ye i_c_bWh Wb Z[b jecWj[$ 1 -ĹŠ#04(5.! !(¢-
;b Y^eYebWj[ [i ejhW l‡Yj_cW ^W# X_jkWb Z[b Æd[l[h_iceÇ$ ;nY[fje gk[ Yedj[d]W kd h[bb[de b|Yj[e e ^W]W ckY^e YWbeh" [b [nf[hje i[‹WbW gk[ de ^Wo d_d]kdW d[# Y[i_ZWZ Z[ c[j[hbe [d [b \h_]e# h‡ÒYe$ ÆI_ i[ YebeYW Wbb‡ kdei Xec# Xed[i e kdW jWXb[jW Z[ Y^eYebW# j[ WX_[hje" l[h| gk[ b[ iWb[ kdW [if[Y_[ Z[ YWfW XbWdgk[Y_dW0 kdW ck[ijhW Z[ gk[ ik j[njkhW o iWXeh ^Wd h[ikbjWZe Wbj[hWZei$ 7b]e fWh[Y_Ze b[ eYkhh[ Wb YW\ƒ" fWhW [b gk[ Wb]kdei [if[Y_Wb_i# jWi Z[iWYedi[`Wd feh Yecfb[je [b fWie feh bW d[l[hW$
Ä“ĹŠ ĹŠ, 8.1~ ĹŠ"#ĹŠ+ 2ĹŠ/#12.- 2ĹŠ!1##ĹŠ04#ĹŠ+.ĹŠ,;2ĹŠ "#!4 ".ĹŠ#2ĹŠ,#3#1ĹŠ 3.".2ĹŠ+.2ĹŠ +(,#-3.2ĹŠ#-ĹŠ+ ĹŠ1#$1(%#1 ".1 Ä“
¡
Ċŋ
?% D8I:<CF D<A@8 I% _d\a`X7cX_fiX%Zfd%\Z
āą
ROMANOS
7 Āăŏ ŏ ŏ ŏĂĀāĂŏ
ŏ +. Čŏ
ROSTRO
SEPARADAMENTE
GRAVE, SEVERA
REY DE EGINA, HIJO DE ZEUS
ũũ
FALLAR
GUERRILLA
CONVICTO
QUEDAR,
AFLOJAR,
VASCA
SOLTAR
FALLAR
ESTADO DE ASIA LANZAR,
CIUDAD DE JAPÓN ORILLA, VEREDA
AFIRMACIÓN
SEGUNDA NOTA MUSICAL
CAPITAL DE PERÚ
% ũ-#%.!(.ũ !.-,(%.
DESEO PALPAR, TANTEAR SÍMBOLO DE SODIO NOVENO
SOGNO
ZODIACAL
BULTO
EXISTIR
ACTOR DE LA ACTRIZ DE LA PELÍCULA
SUCCIONAR
PARTE DEL
TAPIR
HUEVO
GATO EN
LIZA DAR PASTO A
A
E
K
R
A
L
R
O
E
A
RELATIVO A LOS SUEÑOS
N
COLAMDO,
O
LOCOMOTORA
GRUESA
ALTAR HENCHIDO
U
DISPERSO
S
A
T
A
E
R
O
ATAVÍO
R PIÉLAGO IGUAL
I
A
R
C
A
L
I
A
S
C
R
E
A
T
QUE NO ES LA FALTA
A
E
L
PRONOMBRE
N
E
L
R
A
R
R
CAMPÉON
S
T
C
RÍO DE RUSIA Y KAZAKISTÁN
O
N
SUPER MODELO Y ACRIZ BRITÁNICA
LOS GANADOS
M
R ARRENDAR
MISMA
O SIGNO ZODIACAL
ARMA ARROJADIZA PERSONAL
PROPINA
ESTADO DE AFRICA
G
A
N
CRIAR
CIUDAD DE COLOMBIA
P
L
A
L A S O S , R CELEBRIDADES A T N@CC@8D GIFLK R A (./, $ (/,' HLàD@:F P Dy;@:F 9I@$ I R KÝE@:F% JLGLJF HL< KF;FJ S CFJ <C<D<EKFJ HLàD@:FJ D R <JK898E :FEJK@KLà;FJ GFI ÝKFDFJ ;< ?@;Iä><EF O D ECO ESTÉRIL
EPARAR
EPERCUSIÓN
SÍMBOLO DE ROENTGEN
EMBROLLO
IGLESIA, CATEDRAL
L
INSTRUMENTO MUSICAL
C
P
A
C
N
N A
A T S A
I
R
A
ATAR
LECHE
T
A
O
R
L
RÍO DE AMÉRICA DEL N.
CANSADO
A N R I
A
FÓSFORO NOBELIO
TRAMPA ESCRITOR MEXICANO
N O TECNECIO QUÍMICO DE SÍMBOLO NE.
N O
FAMILIA AIRE EN INGLÉS
R
DE ATENAS
S
A
T
A
A
L
I
G E
O T
L A
A
CALCIO
HENDEDURA
QUÍMICO DE SÍMBOLO U.
MAESTRO
M
CALLE DE UN
R
U
A
G
O
S
CORTAR CUERDA DE
R
R
A
QUÍMICO DE SÍMBOLO N. ESTADO DE VENEZUELA
A
R
A
L
E
N
O
I
N
A
SÍMBOLO DE
N PELÍCULA
UN GOLPE
N
BATRACIO RÍO DE ESPAÑA
E
O
PUEBLO
NIÑO DE PECHO
LAGO GLACIAR PIRINEO
S
I
E
B
L
O
NECIO, BOBO
E
C
O
N
A
R
VOZ DE ARRULLO CARRO EN INGLÉS
ACTOR DE LA
ESPARTO
SEGUNSA NOTA
A
PESCA
REBAÑOS
P
VASCA
LECHE
DIOS DE LOS
APOSENTO
A
R
GRITO TAURINO
GUERRILLA
S
CARRASPEO
A
NATA DE LA
A ARTE DE
EMBUSTE,
SÍMBOLO DE SÍMBOLO DE
R
HOGAR
O
AGUJEREAR, PERFORAR CONTAR, RELATAR
E
VOLVER A CREMA DE LA
I
GRASA,
ACCIÓN DE
CANSADO
SÍMBOLO DE NITRÓGENO
MUSICAL
CIUDAD DE RUMANIA
R
MAMÍFERO
MUSTÉLIDO SÍMBOLO DE CERIO
CARGO DE UN
PIÉLAGO
TERMINACIÓN
DIOSA GRIEGA
MINISTRO VERBAL
CIELO
CARNADA
SÍMBOLO DE
TABERNA
CROMO
PATO DESTREZA EXTRAÑA
O
INSTRUMENTO MÚSICO GUARANÍ
N
B
}
ŗũũ
#.1%#ũ #,( ĸĈĒćĐıĈĒđĊĹ
ũ:_Xk`Wdj[ X[b]W" YedeY_Ze ŗũ ckdZ_Wbc[dj[ Yed [b i[kZ d_ce Z[ È>[h] É" [b Yh[WZeh Z[ ÈBWi Wl[djkhWi Z[ J_dj dÉ" ck[h[ kd Z W Yece ^eo$ Ik eXhW" WZ[# c|i Z[ ik fefkbWh_ZWZ" i_]k[ [`[hY_[dZe kdW _cfehjWdj[ _dÓk[dY_W [d [b ckdZe Z[ bWi ^_ijeh_[jWi" fWhj_YkbWhc[dj[ [d ;khefW$ I_ X_[d Wb]kdWi Z[ bWi ^_ijeh_Wi fkXb_YWZWi Wdj[i Z[ bW ]k[hhW [hWd Yh j_YWi Yed [b [nfWd# i_ed_ice j[hh_jeh_Wb Z[b \WiY_ice" be]h ikf[hWh bWi WYkiWY_ed[i gk[ be WÒb_WXWd Wb dWp_ice feh [l_Z[dj[i hWi]ei hWY_ijWi [d iki eXhWi Yece ÈJ_dj d [d [b 9ed]eÉ o ÈBW [ijh[bbW c_ij[h_eiWÉ$
: ũ }
+ !( 1ũ 1%#-3(-.ũ(-(!(¢ũ24ũ!~!+(! ũ14/341 ũ fWiWZe c_ hYeb[i o i[ fh[l gk[ [d bei fh n_cei Z Wi i[ fheZkpYW ik [ijhk[dZeiW hkfjkhW$ C[Z_ei Z[ fh[diW o ejhei l_i_jWd# j[i Yec[dpWhed W _dijWbWhi[ [d bWi fWiWh[bWi Z[b FWhgk[ DWY_edWb Bei =bWY_Wh[i" [d bW ikh[ W fhe# l_dY_W Z[ IWdjW 9hkp" Z[iZ[ Zed# Z[ fk[Z[ eXi[hlWhi[ [b ]bWY_Wh$ ;b \[d c[de [i fheleYWZe feh bW fh[i_ d Z[ bWi W]kWi ieXh[ [b Z_gk[ Z[ ^_[be" gk[ Yec_[dpW W W]h_[jWhi[ ^WijW \ehcWh kd ^k[Ye [d \ehcW Z[ WhYe gk[ be Z[X_b_jW o j[hc_dW feh Z[hhkcXWhi[$ BW
ĸ, 8.ũĉĈũıũ)4-(.ũĉĈĹ 4ũ/#12.- +(" "ũ2#1;ũ,;2ũ %1 " +#ũ8ũ 2.!( +#ēũ 1 3#ũ"#ũ,.231 12#ũ3 +ũ!4 +ũ#2ũ8 ũ 04#ũ+ ũ.1(%(- +(" "ũ#2ũ(,/1#2(.- -3#ũ#-ũ !4 +04(#1ũ/#12.- ēũ #!4#1"#Ėũ ũ/ !(#-!( ũ #2ũ4-ũ;1 .+ũ"#ũ1 ~9ũ , 1% ũ/#1.ũ"#ũ$143.2ũ ,48ũ"4+!#2ē
: ũũ
ĸ)4-(.ũĉĉũıũ)4+(.ũĉĉĹ
.2ũ 24-3.2ũ1#+ !(.- ".2ũ!.-ũ+.2ũ -#%.!(.2ũ8ũ#234"(.2ũ/4#"#-ũ2#1ũ$4#-3#ũ"#ũ /1#.!4/ !(¢-ũ/ 1 ũ "ēũ/.1ũ+.ũ04#ũ"# #1;ũ #23 1ũ/1#/ 1 ".ēũ #!4#1"#Ėũ 4 -".ũ' +#ũ /1.!41#ũ04#ũ242ũ/ + 1 2ũ2# -ũ,#).1#2ũ 04#ũ#+ũ2(+#-!(.ē
ũũ
Ċŋ
;ijW i[h_[ Wd_cWZW i[ YWhWY# j[h_pW feh iWj_h_pWh Yed ^kceh d[]he bW ieY_[ZWZ" WYjkWb_ZWZ o YkbjkhW [ijWZekd_Z[di[i W jhWl i Z[ bWi ^_ijeh_Wi o i_# jkWY_ed[i ikhh[Wb_ijWi gk[ b[i ikY[Z[d W iki fhejW]ed_ijWi" YkWjhe d_ ei IjWd" Aob[" 9Wh# jcWd o A[ddo h[i_Z[dj[i [d kd fk[Xbe ÒYj_Y_e Z[ 9ebehWZe gk[ i[ bbWcW Iekj^ FWha$
;b Z_gk[ Z[ ^_[be gk[ i[fWhW [b XhWpe H_Ye o [b 9WdWb Z[ bei J cfWdei Z[b BW]e 7h][dj_de" [b cWoeh o c|i WkijhWb Z[ bei ]hWd# Z[i bW]ei fWjW] d_Yei Z[ [i[ fW i" [cf[p W h[]_ijhWh ÒbjhWY_ed[i [b
DEL MAL
TENTACIÓN,
ĔũĈĒĖćć
]bWY_Wh F[h_je Ceh[de \eje " ie# Xh[ bW YehZ_bb[hW Z[ Bei 7dZ[i [d [b ikh Z[ 7h][dj_dW" ^W Yec[d# pWZe [b fheY[ie ^WY_W ik Y Yb_YW hkfjkhW" kd [if[Yj|Ykbe gk[ WjhW[ W c_b[i Z[ jkh_ijWi o gk[ fk[Z[ Yecfb[jWhi[ [djh[ ^eo o cW WdW$
^ ũ
INGLÉS
DISPERSA
Solución anterior
T
ũ Ĕũ ũě ;b _cfed[dj[
ĸ 1(+ũĉćũıũ, 8.ũĉćĹ .,#ũ!.-ũ! +, ũ+ ũ2(34 !(¢-¢-ũ#!.-¢ı ,(! ũ8 ũ04#ũ+ ũĄ4!34 !(¢-ũ#2ũ/ 2 )#1 ũ8ũ +#ũ 84" 1;ũ ũ2#1ũ,;2ũ/14"#-3#ũ!.-ũ242ũ % 23.2ēũ #!4#1"#Ėũ "(#ũ/14# ũ+ ũ/1.$4-ı "(" "ũ"#+ũ1~.ũ!.-ũ , .2ũ/(#2ē
HIJO DE DÉDALO MAMAR,
NO RULES
T
ĸ$# 1#1.ũĉćũıũ, 19.ũĉćĹũ
ũ!.-23 -!( Ĕũ'.-#23(" "ũ8ũ#-31#% ũ 2#1;-ũ(-"(2/#-2 +#2ũ#-ũ#+ũ,.,#-3.ũ "#ũ1#2.+5#1ũ+.2ũ/1. +#, 2ũ$ ,(+( 1#2ēũ #!4#1"#Ėũ 4(#-ũ-.ũ!.,/1#-"#ũ4- ũ ,(1 " ũ3 ,/.!.ũ!.,/1#-"#1;ũ4- ũ+ 1% ũ #7/+(! !(¢-ēũ
ũũ
PELÍCULA
SU MAJESTAD MINOR
R
ũũ
ĸ, 19.ũĉĈũıũ 1(+ũĈĒĹ
ũ1#+ !(¢-ũ!.-ũ242ũ'#1, -.2ũ2#1;ũ,;2ũ !#1! - ēũ 4ũ,#,.1( ũ2#1;ũ,;2ũ !3(5 ũ+.ũ 04#ũ+#ũ 84" 1;ũ#-ũ#+ũ;1# ũ"#ũ+.2ũ#234"(.2ēũ #!4#1"#Ėũ -3#2ũ"#ũ(-(!( 1ũ+ ũ+ .1ũ"#ũ ! , ( 1ũ#+ũ,4-".Ĕũ"#ũ31#2ũ54#+3 2ũ/.1ũ24ũ /1./( ũ! 2 ēũ
DE LUZ
NOMBRE
ĸ#-#1.ũĉćũıũ$# 1#1.ũĈĒĹ - ũ/#12.- ũ(-3#+#!34 +ũ8ũ!.,4-(! 3(5 ũ 2#1;ũ31#,#-" ,#-3#ũ 31 !3(5 ũ/ 1 ũ "ēũ 8 ũ04#ũ 42! ũ ă-(" "ũ,#-3 +ũ,;2ũ04#ũ $~2(! ēũ #!4#1"#Ėũ ũ!14#+" "ũ#2ũ+ ũ$4#19 ũ "#ũ+.2ũ!. 1"#2ē
ũũ
BAÑADO
SOBRENOMBRE,
A
.43'ũ 1*
DE RAZA
MAMÁ TÍTULO DE DEUDA PÚBLICA
FEMENINO SERPIENTE VENENOSA
ũKd fhe]hWcW Z[ [djh[j[d_# ŗũ c_[dje \Wc_b_Wh" jhWZ_Y_edWb"
GITANO
APÓCOPE DE
ARTÍCULO
ũ ¡ ĔũĉĉĖćć
YWh]WZe Z[ ^kceh Yed Xhe# cWi f_YWh[iYWi gk[ h[iYWjW [iei Yb|i_Yei gk[ dei ^Wd Z_# l[hj_Ze ZkhWdj[ [ijei )) W ei0 ÈC_bbed[WdZeÉ" È7]WhhW be gk[ fk[ZWiÉ o È9WdjW Yedc_]eÉ$ 7 [ije i[ ikcWd bei XW_b[i o XhecWi Z[b È[j[hde f[hZ[ZehÉ Febe 8Wgk[h_pe `kdje W bWi eYkhh[dY_Wi Z[ ik XWdZW o bW X[bb[pW Z[ iki ceZ[bei$
EXTRAER
MISIVA
LOS ASTROS POLÍTICO CHINO
REBAÑOS
FÓSFORO
CONVICTA
RELATIVO A
LORO
DIOS DE LOS SÍMBOLO DE
ORIGEN GLACIAR
DISPERSA
HEMBRA DEL
ARROJAR
DEPÓSITOS DE
ROEDOR
Ġ !(¢ũ4-ũ"~ ũ!.,.ũ'.8ğ
ũ423#"ũ+#ũ! 1 !3#1(9 ũ24ũ ,.1ũ(-!.-"(ı !(.- +ũ/.1ũ+.ũ04#ũ' !#ũ8ũ/.1ũ04(#-#2ũ+#ũ 1."# -ēũ 4 +04(#1ũ/ 1#) ũ"# #1;ũ#23 1ũ 2#%41 ũ ũ24ũ+ ".ũ8 ũ04#ũ24ũ'.-#23(" "ũ-.ũ +#ũ/#1,(3#ũ)4% 1ũ!.-ũ+.2ũ2#-3(,(#-3.2ēũ
CINCUENTA EN
ĸ)4+(.ũĉĊũıũ %.23.ũĉĉĹũ 42ũ ,(%.2ũ2#1;-ũ,4!'.ũ,;2ũ!.,4-(! ı 3(5.2ũ8ũ (#13.2ũ+.ũ04#ũ' !#ũ04#ũ+ ũ1#+ !(¢-ũ !.-ũ#++.2ũ2# ũ,;2ũ!#1! - ēũ #!4#1"#Ėũ - ũ 5#9ũ3#1,(- ".ũ#+ũ)4#%.Ĕũ#+ũ1#8ũ8ũ#+ũ/#¢-ũ 54#+5#-ũ ũ+ ũ,(2, ũ! ) ē
ũũ
ĸ %.23.ũĉĊũıũ2#/3(#, 1#ũĉĉĹ 4#231#ũ24ũ , (!(¢-ũ8ũ! / !(" "ũ#-ũ#+ũ ;1# ũ/1.$#2(.- +ũ8 ũ04#ũ242ũ24/#1(.1#2ũ "#, -" 1;-ũ"#ũ "ēũ#-31#% ũ8ũ$4#19 ēũ #!4#1"#Ėũ .ũ/4#"#ũ(,/#"(12#ũ#+ũ5(#-3.Ĕũũ /#1.ũ/4#"#-ũ!.-2314(12#ũ,.+(-.2ēũ
ũũ
ĸ2#/3(#, 1#ũĉĊũıũ.!34 1#ũĉĉĹ 4ũ(-3#1_2ũ2#ũ#-$.! 1;ũ#-ũ+.2ũ-#%.!(.2ũ8ũ 5( )#2Ĕũ#23#ũ#2ũ4-ũ 4#-ũ,.,#-3.ũ/ 1 ũ 3., 1ũ#-ũ!4#-3 ũ+ 2ũ/.2( (+(" "#2Ĕũ1(#2%.2ũ 8ũ #-#ă!(.2ũ#-ũ#23 2ũ;1# 2ēũ #!4#1"#Ėũ +ũ04#ũ 42! ũ4-ũ ,(%.ũ2(-ũ"#$#!3.2ũ2#ũ 04#" ũ2(-ũ ,(%.2ē
ũũ
ĸ.!34 1#ũĉĊũıũ-.5(#, 1#ũĉĈĹũ
.2ũ! , (.2ũ#-ũ#+ũ;1# ũ"#ũ+.2ũ#234"(.2ũ8ũ -#%.!(.2ũ2#1;ũ, 8.1#2ũ#-ũ#23#ũ/#1~.".ēũ #!4#1"#Ėũ 23(%4#ũ ũ+.2ũ04#ũ3(#-#-ũ #-5("( ũ' !(_-".+#2ũ (#-ē
ũũ
ĸ-.5(#, 1#ũĉĉũıũ"(!(#, 1#ũĉĈĹũ
.ũ(-3#+#!34 +ũ8ũ,#-3 +ũ2#1;ũ+ ũ, -#1 ũ ,;2ũ !#13 " ũ/ 1 ũ !#1! 12#ũ ũ24ũ/ 1#) ēũ #!4#1"#Ėũ ũ,(3 "ũ"#ũ+ ũ +#%1~ ũ1#2("#ũ#-ũ ' + 1ũ"#ũ#++ ē
bj_cW hkfjkhW i[ Z_e [d (&&.$ ;b \h[dj[ Z[b ]bWY_Wh c_Z[ kdei (". a_b c[jhei Z[ bWh]e o j_[d[ kdW WbjkhW Z[ kdei -& c[jhei ieXh[ [b d_l[b Z[ bWi W]kWi Z[b bW]e" Wkdgk[ bW fWh[Z Z[ ^_[be bb[]W W ik b[Y^e$
ũũ
ĸ"(!(#, 1#ũĉĉũıũ#-#1.ũĈĒĹ 4ũ %(+(" "ũ(-3#+#!34 +ũ2#1;ũ+.ũ04#ũ #-#ă!(#ũ24ũ;1# ũ"#ũ31 ).ēũ 1.!41#ũ , -#) 1ũ242ũ/#-2 ,(#-3.2ũ8 ũ04#ũ#23.2ũ 1#/#1!43(1;-ũ-#% 3(5 ,#-3#ũ2. 1#ũ24ũ 2 +4"ēũũ #!4#1"#Ėũ #+ũ#2!4!' 1ũ/1.!#"#ũ+ ũ 2 ("41~ ũ8ũ"#+ũ' + 1ũ#+ũ 11#/#-3(,(#-3.ē
āĆ 4#- ũ !., (- !(¢0%!),+ (! 01. āĆŏ)%*ċ
7 ŏĀăŏ ŏ ŏ ŏĂĀāĂŏ
ŏ +. ŏ
ũ
ũ!(!+(23 ũ 94 8 ũ!., (- ũ + ũ,.-3 ũ!.-ũ+ ũ143 ēũ 8#1ũ % -¢ũ+ ũ/1(,#1 ũ#3 / ũ"#ũ+ ũ 4#+3 ũ ũ+ ũ .23 ē BW i[cWdW fWiWZW ]Wd kdW Yecf[j[dY_W Z[ cedjW W [d Gk_je" o Z[iZ[ Wo[h i[ fkie [b cW_bbej Z[ hkj[hW fWhW Yecf[j_h [d bW Lk[bjW W bW 9eijW$ Iki YedZ_Y_ed[i de b[ W\[YjWd o Wo[h Zec_d Z[ fh_dY_f_e W Òd bW [jWfW [djh[ =kWoWgk_b o IWb_# dWi$ 7b[nWdZhW I[hhWde Yk[djW iki f[hif[Yj_lWi [d be gk[ h[ijW Z[b W e$ Ġ ¢,.ũ ' !#ũ / 1 ũ ) 12#ũ "#ũ 4- ũ (!(!+#3 ũ ,.-3 #1 ũ 8ũ 24 (12#ũ ũ 4- ũ"#ũ143 ũ!.-ũ+.2ũ,(2,.2ũ1#24+ı 3 ".2ğ
De [i Z_\ Y_b oW gk[ [b Y_Yb_ice Z[ hkjW [i fWhj[ Z[b [djh[dWc_[dje Z[ bW cedjW W0 [i kd Yecfb[# c[dje oW gk[ bW fWhj[ \ i_YW i[ ]WdW [d bW hkjW$
3.2
#/.13(23 ũ ., 1#Ėũ +#7 -"1 ũ 1(#+ ũ #11 -.ũ ŗ ."1~%4#9 ŗũ ē !ĖũĊũ"#ũ)4-(.ũ"#ũĈĒđĐ ũ 4% 1Ėũ 4#-! ŗũ (2!(/+(- Ėũ!(!+(2,.ũ"#ũ,.-3 ũ8ũ"#ũ143 ē ŗ
Ġ 4;+ũ#2ũ+ ũ!+ 5#ũ#-3.-!#2ũ/ 1 ũ% - 1ũ #-ũ,.-3 ũ8ũ1#/#3(1+.ũ#-ũ+ ũ143 ğ
Bb[le '' W ei [djh[dWdZe o fWh# j_Y_fWdZe [d Yecf[j[dY_Wi$ ;iW [nf[h_[dY_W c[ ^W X[d[ÒY_WZe W c " Wkdgk[ W d_l[b dWY_edWb de ^Wo ckY^W Yecf[j[dY_W fWhW bWi ZWcWi$ De i fehgk ^Wo ck# Y^Wi Y^_YWi Z[ Xk[d d_l[b o de [ij|d fWhj_Y_fWdZe0 de i Yk|b[i i[h|d iki j[ceh[i$
-ũ" -_2ũ, 1! ũ#+ũ,#).1ũ 3(#,/.ũ#-ũ+ ũ/1(,#1 ũ#3 / Ieb" bbkl_W o kdW [nj[dkWdj[ ^kc[ZWZ cWhYWhed bW fh_# c[hW [jWfW Z[ bW Lk[bjW W bW 9eijW gk[ i[ Yehh_ Wo[h [djh[ =kWoWgk_b o IWb_dWi$ Kd Yb_cW gk[ de W\[Yj [d dWZW Wb ZWd i @edWi Cehj^[d H[_dZ[b" gk_[d cWhY [b c[`eh j_[cfe" _dYbkie ũ c[`eh gk[ [b Z[ kd Z[fehj_ijW .8Ĕ"#2"#ũ+ 2ũ ĈĊĖććĔũ2#ũ!.11#ũ+ ũ c|ij[h 7$ 2#%4-" ũ#3 / ũ @edWi" Z[ */ #-31#ũ +(- 2ũ8ũ W ei" ^_pe kd Yhe# 4#13.ũ ¢/#9ē de Z[ (0+,0(' o ik# f[h Wb ]WdWZeh Z[ bW C|ij[h 7" [b YWhY^[di[ @e^ddo =kWh|d" gk_[d Yhkp bW c[jW [d (0+,0(-$ Æ;ijeo [d kd Xk[d d_l[b fheZkYje Z[b [djh[dWc_[dje
ēũ +#7 -"1 ũ!149 ũ+ ũ,#3 ũ#-ũ -3 ũ +#- ē
Ġ 2 ũ $ +3 ũ "#ũ !3(5(" "ũ +#ũ ++#5¢ũ ũ !.,/#3(1ũ #-ũ 4(3.ũ 8ũ #23 1ũ #-ũ + ũ 4#+3 ũ ũ+ ũ .23 ğ
Fehgk[ c[ WXkhh W Z[ kde o ejhe Z[fehj[ [ _XW YWcX_WdZe ^WijW 9ecf[j [d Gk_je fehgk[ [ijW# gk[ YedeY ckY^Wi [nf[h_[dY_Wi cei fh n_cei W kd jehd[e fW# b_]WZWi W [ij[ Z[fehj[$ dWc[h_YWde [d Fk[XbW C n_Ye$ ;b Z[id_l[b Z[ Yecf[j[dY_W gk[ Ġ 4_ũ. )#3(5.ũ3(#-#ũ#-ũ#23#ũ .ğ jkl[ [d Gk_je i[ fWh[Y[ W be Z[ C[`ehWh [b d_l[b fehgk[ [i kd C n_Ye$ 7Z[c|i WYWXe bW Lk[bjW W e eb cf_Ye$ F[he bW _Z[W [i W bW 9eijW o [ijWh l_W`WdZe W 7h# fbWd_ÒYWh kdW XWi[ Z[ [djh[# ][dj_dW fWhW h[fh[i[djWh Wb fW i dWc_[djei fWhW (&',$ FWhW [ie [d bW hkjW$ d[Y[i_jWcei Yecf[j_h" W d_l[b dWY_edWb [ _dj[hdWY_edWb$ I be Ġ .1ũ04_ũ+#ũ%423¢ũ#+ũ!(!+(2,.ğũĠ .1ũ [ie dei ZWh| kdW h[bWY_ d Z[b 04_ũ#23;ũ1#+ !(.- ".ũ!.-ũ3.".ũ3(/.ũ d_l[b gk[ [ijWcei$
I[ h[Zk`[hed XWijWdj[ Z[X_Ze W bW \WbjW Z[ Wfeoe j[cfhW# de$ D[Y[i_j|XWcei WYkckbWh fkdjei K9? fWhW YbWi_\_YWh$ 7b i[h bW d_YW [d h[fh[i[djWh Wb fW i i[ lk[bl[ c|i Yecfb_YWZe oW gk[ [d ejhei fW i[i bb[lWd [gk_fei Yecfb[jei$ 7Z[c|i" h[Y_X [b Wfeoe Z[b C_d_ij[h_e h[Y_ d [d W]eije" YkWdZe oW ^WX Wd fWiWZe jeZWi bWi Yec# f[j[dY_Wi e\_Y_Wb[i ZedZ[ fe# Z W ikcWh fkdjei$
#24+3 ".2
3#%.1( ũũ +(3#2
3#%.1( ũũ 1#)45#-(+#2
ũũũũĈũ ĸĊćĐĹũ ũũũũĉũ ĸĈĎĹũ ũũũũĊũĸĊćĒĹũ
+ #13.ũ .-9;+#9ũ 1.5ũ 9ũũ 1(23( -ũ 1!~ ũ 4 8 2ũũ 1#%.1(.ũ ., +;ũũ
ĊĖććĖĎĈēĎũ ĊĖććĖĎĉēćũ ĊĖćĈĖĊĐēĒũũũũũ
ũũũũĈũ ĸďćČĹũ ũũũũĉũ ĸďćĈĹũ ũũũũĊũ ĸďĈćĹũ
ũũũũĈũ ĸĈćĒĹũ ũũũũĉũ ĸĈĈđĹũ ũũũũĊũ ĸĈććĹũ
.'--8ũ 4 1;-ũ ı ../ũũ 31(!(.ũ #1% 1 ũ (*+ ũũ #"1.ũ 404#2ũ3Ċ2/.132ũũ
ĉĖĎďĖĉĊēĐũ ĉĖĎĒĖČďēĉũ ĊĖććĖĈĈēĉũũũũũũũũũ
ũũũũĈũ ĸĎćĈĹũ 4 -ũ +,#(" ũũ ũũũũĉũũũũũĸĎćĒĹũ 4 -ũ +"(5(#2.ũ #!-.!8!ũ ũũũũĊũĸĎćĐĹũ 23# -ũ 11(¢-ũ #!-.!8!ũũ
ĈĖĎďĖĊĒēĉũ ũĈĖĎďĖĎĐēĉũ ĈĖĎďĖĎĐēĐũ
ũũũũĈũ ĸĉćČĹũ ũũũũĉũũĸĉćĊĹũ ũũũũĊũĸĉććĹũ
.- 2ũ #(-"#+ũ (*+ ũũ #1-;-ũ % +"#ũ 4--(-%ũũ (+2.-ũ "1.5.ũũ
ĉĖĎďĖĉĈēĒũ ĊĖĈĊĖČĈēďũ ĊĖĈČĖĈďēđũ
ũũũũĈũ ĸĐĈĉĹũ ũũũũĉũĸĐćďĹũ ũũũũĊũ ĸĐĈĈĹũ
ĉĖćĐĖĊČēđũ ĉĖćĐĖĊđēĎũ ĉĖćĐĖČďēČũ
ũũũũĈũ ĸĊććĹũ
#1-;-ũ (++ 11# +ũũ
ĉĖĈđĖĎČēđũ
ũũũũĈũũũũ +#7 -"1 ũ #11 -.ũ 1.5ēũ 9ũũ
ũũũũĈũ ĸČĈĈĹũ ũũũũĉũĸČćČĹũ ũũũũĊũ ĸČćĈĹũ
+#7 -"1 ũ #11 -.ũ 1#*ũ 8ũũ - #+#-ũ ũĸ +;/ %.2Ĺũ ( - ũ ' %4(ũũ
ĉĖćĊĖĊćēĎũ ĉĖĈďĖĉćēĈũ ĉĖĉĈĖĎĎēđũ
3#%.1( ũũ 23#1ũ
3#%.1( ũũ 23#1ũ 3#%.1( ũũ , 2
gk[ h[Wb_pe [d 9kXWÇ" Z[ijWY H[_dZ[b" gk_[d [cf[p W f[ZW# b[Wh [d (&&+$
Ġ #ũ +! -9 1;ũ#+ũ3(#,/.ũ/ 1 ũ++#% 1ũ ũ .-"1#2ğ
Ĉ1 ũ#3 /
3#%.1( ũũ 23#1ũ
ēũ .- 2ũ .13'#-ũ #(-"#+ũ / 13(!(/ ũ#-ũ+ ũ! 3#%.1~ ũ ;23#1ũ ē
"#ũ"#/.13#2ğũĠ .1ũ04_ũ+ ũ,.-3 ğũ
1(23( -ũ 1#++ -.ũũ 2! 1ũ "1.5.ũũ 1+.2ũ . 1ũĸ 4 8 2Ĺũũ
ũ 3#%.1( ũũ )#!43(5.
3#%.1( ũũ 41(2,.
(,,8ũ 2/(-.9 ũũ 5("ũ #(- ũ ,/.13 "ũũ 1 -!(2!.ũ 2/(-.9 ũũ
3#%.1( ũũ , 2
ĉĖćĎĖĊĎēĉũ ĉĖćĎĖĊďēĈũ ĉĖćĎĖĊĐēć
ĉĖćđĖũČđ
Ňĸ Ì,#1.ũ"#+ũ!.,/#3(".1Ĺ
=kWh|d" feh ik fWhj[" ^_pe Z[h WbYWdpWh0 [b Yehh[Zeh Z[b Wbh[Z[Zeh Z[ jh[i c_dkjei gk[ kdW [iYWfWZW Z[ /& ac [d ik =?H cWd_\[ij gk[ ^eo jhWjWh| j_[d[ ieXh[ ik [iYebjW" FWjh_Y_e YWj[]eh W gk[ \k[ Z_\ Y_b Z[ fe# Z[ cWdj[d[h bW Z_\[h[dY_W Z[ L[h]WhW$
Ä Ä‡
7 ĀăĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä‚Ĺ?
Ĺ? +. ÄŒĹ?
+ĹŠÄĽ}".+.ÄŚĹŠ-.ĹŠ !.-!#-31 1;ĹŠ / 1 ĹŠ24ĹŠ / 13(". ŊěŊ8WhY[bedW de YedY[d# jhWh| fWhW [b [dYk[djhe Z[ cW‹W# dW Wdj[ [b ?dZ[f[dZ_[dj[ ',0&& [d [b [ijWZ_e Cedkc[djWb feh bW gk_djW \[Y^W Z[b jehd[e dWY_edWb$ ÆBW fbWdj_bbW de YedY[djhWh|" dei fh[i[djWh[cei cW‹WdW" Wbceh# pWh[cei o Z[ifkƒi W `k]WhÇ" _d# Z_YÂŒ [b jƒYd_Ye Bk_i PkX[bZ‡W I[ Yh[[ gk[ bW c[Z_ZW i[ Z[X[ W gk[ [b ĂˆĂžZebeÉ j_[d[ f[dZ_[dj[ ^WX[h[i Yed [b [ijhWj[]W Wkdgk[ ƒb de be YedĂ’hcÂŒ$ Bei ĂˆYWdWh_eiÉ gk[ i[ [dYk[djhWd [d [b gk_dje bk]Wh Z[ bW jWXbW Z[ fei_Y_ed[i" Z[X[h|d Wfhel[Y^Wh gk[ `k]Wh|d Yece beYWb[i fWhW feZ[h ikcWh o fh[j[dZ[h bei fh_c[hei bk]Wh[i$ ;b [gk_fe WcWh_bbe Wo[h h[Wb_# pÂŒ ik [djh[dWc_[dje o be ^_pe [d Zei ]hkfei$ ;b YkWZhe fh_dY_fWb ^_pe fh|Yj_YW e\[di_lW o [b ]hkfe Z[ bWi h[i[hlWi jhej[ [d bW YWdY^W o ]_cdWi_W$ DWhY_ie C_dW" Z[bWdj[he Z[b Ăˆ9WdWh_eÉ" Wi[]khW gk[ bW h[_l_d# Z_YWY_ÂŒd bb[]Wh| Wdj[ bei iWd]eb# gk_b[‹ei$ ÆJ[d[cei gk[ ]WdWh e ]WdWh Wb ?dZ[f[dZ_[dj[ [i dk[i# jhW efehjkd_ZWZ Z[ ikcWh fkd# jei o [iYWbWh [d [b jWXb[heÇ$ CWj‡Wi EoebW" gk_[d ^WY[ feYe
42ĹŠ%.+#2ĹŠ2#ĹŠ !.,#-3 -ĹŠ #-ĹŠ !4 ".1 : ĹŠ
Ä“ĹŠ 3~ 2ĹŠ 8.+ ĹŠ)4% 1~ ĹŠ 24ĹŠ/1(,#1ĹŠ/ 13(".ĹŠ.ă!( +ĹŠ!.,.ĹŠ!.,/ Äą 31(.3 Ä“
.2( +#Ŋ +(-# !(¢-Ŋ .1-#.Ŋ- !(.- +
Ĺ—ĹŠ ;7(,.ĹŠ -%4#1 Ĺ—ĹŠ 1+.2ĹŠ 14#2. Ĺ—ĹŠ (1.ĹŠ ,/.2 Ĺ—ĹŠ 1(!*2.-ĹŠ 1 9. Ĺ—ĹŠ 1(23( -ĹŠ 149 Ĺ—ĹŠ .2_ĹŠ , 8 Ĺ—ĹŠ 3~ 2ĹŠ 8.+ Ĺ—ĹŠ .2_ĹŠ 8.5~ Ĺ—ĹŠ ĹŠ ,(;-ĹŠ ~ 9 +.ĹŠ 4%Ă•#1!(. Ĺ— ĹŠ 1!(2.ĹŠ (- Ĺ— i[ dWjkhWb_pÂŒ [YkWjeh_Wde feZh‡W i[h Yedi_Z[hWZe feh [b [ijhWj[]W Bk_i PkX[bZ‡W$ Æ;ijeo c|i jhWd# gk_be o YedĂ’WZe$ Iƒ gk[ Yed Eoe# bW gk[ [i [b YWf_j|d Z[b [gk_fe bWi YeiWi dei i[h|d ckY^e cWi \|Y_# b[i o ikcWh[cei fkdjei gk[ [i be gk[ b[ ^WY[ \WbjW W 8WhY[bedWÇ" Wi[]khÂŒ [b WZ_[ijhWZeh$
ĹŠ1 9 ĹŠ%.+# ".1 ĹŠ"#+ĹŠÄĽ (1 3 ÄŚĹŠ-.ĹŠ2#ĹŠ/#1"(¢Ŋ #-ĹŠ 1 2(+Ä“ĹŠ 4!'.2ĹŠ+.ĹŠ04(#1#-ĹŠ#-ĹŠ+ ĹŠĹŠ 2#+#!!(¢-Ä“ CWhYWh" [d i[_i fWhj_Zei `k]W# Zei" Y_dYe ]eb[i ^WXbW X_[d Z[ 8WhYei$ ;b YehZeXƒi bb[]ÂŒ W 8hW# i_b i[Z_[dje Z[ ]eb$ BW [b|ij_YW Z[ FWbc[_hWi [ijkle W ik WbjkhW$ ;b [n B_]W Z[ Gk_je i_]k[ jhWc_# jWdZe ik dWjkhWb_pWY_ÂŒd [YkWje# h_WdW$ >Wo gk_[d[i gk_[h[d l[h Wb ĂˆF_hWjWÉ l[ij_hi[ Z[ ĂˆJh_YebehÉ$ B_d[di[ \k[ [b ‘bj_ce [gk_fe [d fWZ[Y[h [b i[bbe Z[b hecf[# h[Z[i$ :ei jWdjei Z[ >[hd|d 8WhYei Yedjh_Xko[hed [d bW l_Y# jeh_W Z[ FWbc[_hWi )#' ieXh[ [b YkWZhe Z[ B_d[di[$ ;b Yej[`e \k[ l|b_Ze feh bW kdZƒY_cW \[Y^W Z[b jehd[e FWkb_ijW Z[ \‘jXeb" Y[hjWc[d [ijWjWb c|i _cfeh# jWdj[ Z[ 8hWi_b$ Æ;ijeo cko \[b_p" FWbc[_hWi [i kd ]hWd [gk_fe o [b ]hkfe [i cko Xk[de o c[ WokZW W ^W# Y[h bWi YeiWi X_[dÇ" Z_`e 8WhYei" gk_[d jWcX_ƒd fWi[ÂŒ ik \‘jXeb feh [b HWY_d] 9bkX o >khWY|d Z[ ik fW‡i$ 7dj[i Z[ ik fWhj_ZW W j_[hhW YWh_eYW" [d ;YkWZeh" i[ ^WXbWXW ckY^e Z[ ik fheY[ie Z[ dWjk# hWb_pWY_ÂŒd$ ;b fhef_e H[_dWbZe Hk[ZW" [ijhWj[]W Z[ bW i[b[YY_ÂŒd"
} Ä“ĹŠ #1-;-ĹŠ 1!.2ĹŠ!#+# 1 ĹŠ4-.ĹŠ"#ĹŠ242ĹŠ3 -3.2ĹŠ, 1! ".2ĹŠ!.-ĹŠ+ ĹŠ#+;23(! ĹŠ "#ĹŠ +,#(1 2Ä“
Wi[]khŒ gk[ i_ ƒb cWdj[d‡W ik Xk[d d_l[b feZh‡W i[h bbWcWZe W Yed\ehcWh [b [gk_fe Z[ jeZei$ BW dWjkhWb_pWY_Œd Z[ 8WhYei ^W [djhWZe [d kd Yecf|i Z[ [i# f[hW$ Ik de fh[i[dY_W [d [b fW‡i
[i bW fh_dY_fWb YWkiW$ BWi kh# ][dY_Wi [d bW e\[di_lW ĂˆJh_YebehÉ ^Wd Z_ic_dk_Ze$ BW [\[Yj_l_ZWZ gk[ l_[d[d ceijhWdZe 9h_ij_Wd 8[d‡j[p o @W_c[ 7oel‡ ejeh]W jhWdgk_b_ZWZ Wb fW‡i$
4#5.ĹŠ1./ )#ĹŠ#-ĹŠ#+ĹŠÄĽ ., (++.ÄŚĹŠ
(2(3 ĹŠ,4-"( +(23
.2ĹŠ#7$43 .+(23 2ĹŠ8ĹŠ! ,/#.-#2ĹŠ,4-"( +#2ĹŠ .- +".Ŋĸ(ĚŊ8ĹŠ # #3.ĹŠ$4#1.-ĹŠ + ĹŠ/1(-!(/ +ĹŠ 31 !!(¢-ĹŠ"#ĹŠ4-ĹŠ !3.ĹŠ2. 1#ĹŠ/1#5#-!(¢-ĹŠ"#ĹŠ !!("#-3#2ĹŠ#-ĹŠ+ ĹŠ !.-2314!!(¢-ĹŠ!(5(+ĹŠ.1% -(9 ".ĹŠ 8#1ĹŠ#-ĹŠ#+ĹŠ 1 ! -;ĹŠ8ĹŠ +ĹŠ04#ĹŠ !4"(#1.-ĹŠ 4-.2ĹŠÄŒÄ“Ä‡Ä‡Ä‡ĹŠ. 1#1.2ĔŊ#-31#ĹŠ#++.2ĹŠ+.2ĹŠ1#2/.-2 +#2ĹŠ"#ĹŠ1#$.1, ĹŠ"#+ĹŠ#, +#Äą ,;3(!.ĹŠ#23 "(.ĹŠ! 1(.! Ä“ĹŠ
;b fh[i_Z[dj[ Z[ ;c[b[Y DWii_X D[cc[ Z_`e gk[ j_[d[ kd [gk_# fe dkjh_Ze o cko Xk[de Yece fWhW [d\h[djWh Zei jehd[hei0 YWcf[edWje dWY_edWb o B_X[hjW# Zeh[i$ ;ije be ieijkle ZkhWdj[ bW fh[i[djWY_ÂŒd eĂ’Y_Wb Z[ bW YW# c_i[jW gk[ bkY_h|d bei `k]WZe# h[i [d bW j[cfehWZW (&'($ Æ;c[b[Y ^W c[`ehWZe ck# Y^e$ J[d[cei kd [gk_fe dkjh_# Ze" l[d_cei `k]WdZe X_[d Z[iZ[ bW i[]kdZW [jWfW Z[b YWcf[e# dWje Z[b fWiWZe W‹e$ 7^ehW i[ cWdj_[d[ kd fh_c[h bk]Wh [d bW jWXbW Z[ fei_Y_ed[i f[b[WdZe [b ÂĄ Ä“ĹŠ ĹŠ! ,(2#3 ĹŠ"#ĹŠ ,#+#!ĹŠ$4#ĹŠ/1#2#-3 " ĹŠ#-ĹŠ#+ĹŠ #-31.ĹŠ"#ĹŠ _dl_Yje Yed B_]WÇ" cWd_\[ijÂŒ$ IeXh[ [b YWdWb Z[ \‘jXeb D[# .-5#-!(.-#2ĹŠ"#ĹŠ 4 8 04(+Ä“ cc[ Z_`e0 Æ;i kd j[cW gk[ W‘d YeiWi gk[ b[ ^Wd fWiWZe Wb YbkX$ [ij| [d Z_iYki_ÂŒd" f[he Wf[bWh[# lWcei W Ă’d_gk_jWhÇ" ieijkle$ :[ bW dWjkhWb_pWY_ÂŒd Z[b feh# Æ;ijWcei Yedj[djei$ ;i kdW Z[ cei ^WijW bWi ‘bj_cWi _dijWd# Y_Wi oW gk[ dk[ijhe YedjhWje j[he ;ij[XWd :h[[h _dZ_YÂŒ gk[ bWi c[`eh[i YeiWi gk[ b[ ^W fW# Yed ;YkWl_iW Yedj_d‘W o de be i_d ZkZW [i kdW Z[ bWi c[`eh[i iWZe Wb [gk_feÇ" ef_dÂŒ$
7 Ĺ? ĀăĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä‚
Ĺ? +. Ĺ?
ĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠĹŠ
Ĉ
(Ŋ./(-(¢-Ŋ #-ŊĊćŊ2#%4-".2
1+.-Ŋ (- )#1.ĔŊ/1#2("#-3#Ŋ "#+Ŋ!+4 ē
/-*# #)-Ĺ‹ #'*),. (. -
/.13#2ĹŠ 04#ĹŠ24, -
1(.2ĹŠ !4#1".2ĹŠ#!.-¢,(!.2ĹŠ8ĹŠ"#ĹŠ(,/+#,#-Äą 3 !(¢-ĹŠ2#ĹŠ!1(23 +(9 1.-ĹŠ#-ĹŠ4-ĹŠ#5#-3.ĹŠ#2/#!( + ;d hk[ZW Z[ fh[diW o Yed bW fh[# i[dY_W Z[ bWi fh_dY_fWb[i Wkjeh_# ZWZ[i Z[b YbkX Kd_l[hi_ZWZ JƒY# d_YW Z[ 9ejefWn_ KJ9 " [b h[Yjeh Z[b WbcW cWj[h" >[hd|d O|d[p" o bei [`[Ykj_lei [cfh[iWh_Wb[i" i[ h[Wb_pÂŒ bW cW‹WdW Z[ Wo[h bW fh[i[djWY_ÂŒd eĂ’ Y_Wb Z[b ]hkfe Z[ Wkif_Y_Wdj[i gk[ WYecfW‹Wh|d W bW ][ij_ÂŒd Z[b [gk_fe [d bW j[c# fehWZW (&'($ CWhbed J_dW`[he" fh[i_Z[dj[ Z[b YbkX KJ9" \k[ [b fh_c[he [d _dj[hl[d_h [d [b [l[dje" [ _di_ij_ÂŒ [d gk[ [b YbkX i[ ^W Yedij_jk_Ze [d kd fWjh_ced_e Z[ jeZei bei
YejefWn[di[i$ H[YWbYÂŒ WZ[c|i gk[ [b YbkX de h[fh[i[djW ‘d_YWc[dj[ W bei kd_l[hi_jWh_ei" i_de W jeZei bei ^WX_jWdj[i Z[ bW fhel_dY_W1 o W]hWZ[Y_ÂŒ W bei Wkif_Y_Wdj[i" oW gk[ Æied kd [`[cfbe fWhW bWi Z[c|i [cfh[iWi [ _dij_jkY_ed[i f‘Xb_YWi o fh_lWZWi fWhW gk[ i[ kdWd W [ij[ ]hWd fheo[Yje Z[# fehj_leÇ$
.2ĹŠ /.13#2 Feh ik fWhj[ 7k]kije :kh|d" fh_dY_fWb Z[ Yb‡d_YW Fhel_ZW" [d h[fh[i[djWY_ÂŒd Z[ [iW _dij_#
jkY_ÂŒd cƒZ_YW o Z[ iki Yeb[]Wi <[hdWdZe KbbeW o <[b_f[ 9h_ebbe" c[dY_edÂŒ gk[ fWhW [bbei Yedij_# jko[ kd WbW]e [b \ehcWh fWhj[ Z[b fbWdj[b$ Æ;if[he gk[ [ij[ i[W [b _d_Y_e Z[ kdW \hkYj‡\[hW h[bWY_ÂŒd fWhW gk[ [b YbkX iWb]W WZ[bWdj[" Z[ jWb cWd[hW gk[ [d [b YehWpÂŒd Z[ je# Zei bei bWjWYkd]k[‹ei de [n_ijW ejhe YbkX c|i gk[ bW KJ9" o gk[ i[ YWcX_[d fehgk[ de i[ fk[Z[ WcWh W Zei YehWped[i" o [b ‘d_Ye YehWpÂŒd gk[ Z[X[h‡W j[d[h [d [b Z[fehj[ Z[ bW fhel_dY_W i[h| [b Ăˆ;dik[‹e 9ejefWn[di[ÉÇ$
42/(!( -3#2 +4 ĹŠ
ŗŊ 1.5(" ŗŊ #6Ŋ 2'(.ŗŊ .Ŋ #2(%ŗŊ (2(.+ ŗŊ .3./ 7(Ŋ ŗŊ /(1.2Ŋĸ +!#".Ě ŗŊ 4+3(2 ŗŊ '.#2Ŋ /.13 .1 3.1(.2Ŋ (, ŗŊ ŗŊ -22 '(/
Ĺ—ĹŠ
.-ĹŠ"($#1#-3#2ĹŠ3(/.2ĹŠ"#ĹŠ !4#1Äą ".2ĹŠ!.,#1!( +#2ĔŊ#-ĹŠ +%4-.2ĹŠ ! 2.2ĔŊ ĹŠ+.2ĹŠ04#ĹŠ'#,.2ĹŠ++#% ".ĹŠ !.-ĹŠ"($#1#-3#2ĹŠ#,/1#2 2Ä“ĹŠ -ĹŠ#+ĹŠ ! 2.ĹŠ"#ĹŠ 1.5(" ĔŊ3#-#,.2ĹŠ04#ĹŠ %1 "#!#1+#2ĹŠ/1.$4-" ,#-3#ĔŊ -.2ĹŠ' -ĹŠ!.+ .1 ".ĹŠ!.-ĹŠ3." ĹŠ + ĹŠ(-"4,#-3 1( ĹŠ/ 1 ĹŠ#+ĹŠ/1(,#1ĹŠ #04(/.Ŋĸ, 8.1#2ĚĔŊ/ 1 ĹŠ+ ĹŠ 4 ĹŠ ÄˆÄ‘ĹŠ8ĹŠ/ 1 ĹŠ+ ĹŠ 4 ĹŠÄˆÄ?Ä“ĹŠ +%4-.2ĹŠ !4#1".2ĹŠ!.,#1!( +#2ĹŠ!.-ĹŠ #6ĹŠ 2'(.-ĔŊ .ĹŠ #2(%-ĔŊ (2(.+ ĔŊ #-ĹŠÄƒĹŠ-ĹŠ!.-ĹŠ+ 2ĹŠ(-23(34!(.-#2ĹŠ04#ĹŠ -.2ĹŠ#23;-ĹŠ /.8 -".ĔŊ +%4- 2ĹŠ ĹŠ ! , (.ĹŠ"#ĹŠ !4#1".2ĹŠ!.,#1!( Äą +#2ĔŊ.31 2ĹŠ ĹŠ24ĹŠ5#9ĹŠ!.-ĹŠ+ ĹŠ!.,/1 ĹŠ "#ĹŠ5 ++ 2ĹŠ/4 +(!(3 1( 2ĹŠ"#-31.ĹŠ "#+ĹŠ#23 "(.ĹŠ,4-(!(/ +ĹŠ ĹŠ .!' Ä“ĹŠ # +,#-3#ĹŠ/ 1 ĹŠ-.2.31.2ĹŠ#2ĹŠ ,48ĹŠ,.3(5 -3#ĹŠ#+ĹŠ!.-3 1ĹŠ!.-ĹŠ#+ĹŠ 1#2/ +".ĹŠ"#ĹŠ#23 2ĹŠ#,/1#2 2ĔŊ#2ĹŠ #+ĹŠ3#1!#1ĹŠ  .ĹŠ!.-2#!43(5.ĹŠ04#ĹŠ -.2.31.2ĹŠ#23 ,.2ĹŠ/ 13(!(/ -".ĹŠ #-ĹŠ+ ĹŠ/1(,#1 ĹŠ"(5(2(¢-ĹŠ"#+ĹŠ$ĂŒ3 .+ĹŠ #!4 3.1( -.Ä“ĹŠ -ĹŠ+.2ĹŠ".2ĹŠ  .2ĹŠ -3#1(.1#2ĹŠ-.ĹŠ345(,.2ĹŠ#+ĹŠ1#2/ +Äą ".ĹŠĹŠ"#!("(".ĹŠ"#ĹŠ+ 2ĹŠ(-23(34!(.-#2ĹŠ /ĂŒ +(! 2ĹŠ 2~ĹŠ!.,.ĹŠ"#ĹŠ+ ĹŠ#,/1#2 ĹŠ /1(5 " ĹŠ"#ĹŠ+ ĹŠ/1.5(-!( ĔŊ/#1.ĹŠ'.8ĹŠ /.1ĹŠ'.8ĹŠ+.2ĹŠ#,/1#2 1(.2ĹŠ#23;-ĹŠ 5(#-".ĹŠ8 ĹŠ +ĹŠ!+4 ĹŠ ĹŠ!.,.ĹŠ 4-ĹŠ,#! -(2,.ĹŠ04#ĹŠ+#2ĹŠ/#1,(3#ĹŠ 3 , (_-ĹŠ/4 +(!(3 1ĹŠ8ĹŠ/1.,.!(.Äą - 1ĹŠ"#ĹŠ,#).1ĹŠ, -#1 ĹŠ+.2ĹŠ-.,Äą 1#2ĹŠ"#ĹŠ242ĹŠ#,/1#2 2ĹŠ ĹŠ31 5_2ĹŠ "#ĹŠ-4#231.ĹŠ!+4 Ä“
!(.- +#2ĹŠ 45#-(+#2ĹŠ 2.-ĹŠ/#"(".ĹŠ"#+ĹŠ-.13# , 41 ĹŠ8ĹŠ 1!'(ĹŠ 2#1~ -ĹŠ+ 2ĹŠ2#"#2ĹŠ "#ĹŠ#23 ĹŠ!.,/#3#-Äą !( ĹŠ- !(.- +ĹŠ2(ĹŠ2#ĹŠ !#/3 ĹŠ/1./4#23 Ä“
9 Ŋ24,¢Ŋ-4#5.Ŋ31(4-$.
.2ĹŠ !' 04( -#2ĹŠ "#ĹŠ .-". ĹŠ $4#1.-ĹŠ #+ĹŠ #2!#- 1(.ĹŠ "#+ĹŠ ,/#.- 3.ĹŠ !(.- +ĹŠ"#ĹŠ .6-'(++ĔŊ04#ĹŠ2#ĹŠ1# +(9¢Ŋ#-ĹŠ  .2Ä“ĹŠ ĹŠ".6-'(++#1.ĹŠ!.3.Äą / 7#-2#ĹŠ 1 -*+(-ĹŠ 9 ĹŠ #- Ŋĸ + -!.ĚŊ+.%1¢Ŋ#+ĹŠ/1(,#1ĹŠ+4% 1ĹŠ"#ĹŠ+ ĹŠ! 3#%.1~ ĹŠ %#-#1 +ĹŠ8ĹŠ"#ĹŠ24ĹŠ"(5(2(¢-ĔŊ!.-ĹŠ4-ĹŠ3(#,/.ĹŠ"#ĹŠÄŒÄ–ÄŽÄ‡ÄŚÄ–Ä?ÄˆÄ˘Ä“ 9 ĹŠ!.,#-3¢Ŋ04#ĹŠÄĄ+ ĹŠ/(23 ĹŠ#2345.ĹŠ2ĂŒ/#1ĹŠ3_!-(! ĹŠ8ĹŠ++#- ĹŠ"#ĹŠ/(#"1 ĔŊ,48ĹŠ "($~!(+ĔŊ3 +4"#2ĹŠ"#ĹŠ/(#"1 ĔŊ2 +3.2ĹŠ"#ĹŠ/(#"1 ĔŊ4-ĹŠ-(5#+ĹŠ#-ĹŠ+ ĹŠ! 11# 1 ĹŠ2ĂŒ/#1ĹŠ 4#-.Ģē
BW <[Z[hWY_ÂŒd :[fehj_lW Z[ ?c# XWXkhW o 9WhY^_" i[ [dYk[djhW [d Yedl[hiWY_ed[i Yed [b :_h[Y# jeh_e DWY_edWb Z[b C_d_ij[h_e Z[b :[fehj[ fWhW i[h Yedi_Z[hWZWi Yece i[Z[ eĂ’ Y_Wb Z[ bWi fhÂŒn_# cWi Yecf[j[dY_Wi `kl[d_b[i" W Z[iWhhebbWhi[ ZkhWdj[ [b c[i Z[ W]eije$ Bei Z_h[Yj_lei Z[ bWi Zei fhe# l_dY_Wi" ^Wd [dl_WZe [b f[Z_Ze eĂ’ Y_Wb fWhW i[h bei WdĂ’ jh_ed[i Z[ bWi Yecf[j[dY_Wi" f[he de ^Wd h[Y_X_Ze jeZWl‡W bW YedĂ’ hcWY_ÂŒd Z[b C_d_ij[h_e Z[b hWce$
;b dehj[ Z[b fW‡i [if[hW bW h[i# fk[ijW \WlehWXb[" o Wi‡ [cf[pWh Yed bei fh[fWhWj_lei o bW eh]Wd_# pWY_ÂŒd Z[ [ij[ _cfehjWdj[ [l[dje Z[fehj_le" gk[ WZ[c|i f[hc_j_h| h[Y_X_h h[Ykhiei [YedÂŒc_Yei WZ_# Y_edWb[i fWhW [b cWdj[d_c_[dje o c[`eh‡W Z[ bei [iY[dWh_ei Z[# fehj_lei$ CWkh_Y_e 7h]”[bbe" fh[i_Z[d# j[ Z[ bW <[Z[hWY_ÂŒd :[fehj_lW Z[ ?cXWXkhW" [if[hW gk[ ik fhel_d# Y_W i[W [b[]_ZW Yece i[Z[ fWhW [cf[pWh W YeehZ_dWh Yed 9WhY^_" bWi Z_iY_fb_dWi gk[ i[ h[Wb_pWh|d [d YWZW fhel_dY_W$ ÆDeiejhei j[d[cei kdW Xk[# dW _d\hW[ijhkYjkhW o [nY[b[dj[i [iY[dWh_ei Z[fehj_lei" [n_ij[d Wb]kdei Yecfb[`ei gk[ de [ij|d Yed Xk[d [gk_fWc_[dje" f[he i_ iecei [b[]_Zei" [b C_d_ij[h_e Yk[djW Yed kd [gk_fWc_[dje fWhW feZ[h YkXh_h bWi d[Y[i_ZW# Z[iÇ" Yec[djÂŒ$
Ä“ĹŠ (2!(/+(- 2ĹŠ2(%4#-ĹŠ 31 ) -".ĹŠ!.-ĹŠ,(1 2ĹŠ ĹŠ+.2ĹŠ)4#%.2ĹŠ - !(.- +#2Ä“
ĉ
7 Ĺ?Ĺ? ĀăĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä‚
Ĺ? +. Ĺ?
ĹŠ 4#"#-ĹŠ#23 1ĹŠ#-ĹŠ !.-3 !3.ĹŠ#-Ä– !# ..*Ä–ĹŠ !# ..*Äľ! /(Äą 3 +*+ -*ĹŠ 82/ !#Ä–ĹŠ,82Äą / !#Äľ! /(Äą 3 +*+ -* 6(33#1Ä– ĹŠ36(33#1 Äž*+ -*,42(!ĹŠ
ÂĄ Ä“ĹŠ ĹŠ -" ĹŠ2#ĹŠ/1.8#!3 ĹŠ!.,.ĹŠ4- ĹŠ"#ĹŠ+ 2ĹŠ,#).1#2ĹŠ ĹŠ-(5#+ĹŠ- !(.- +ĹŠ/.1ĹŠ24ĹŠ.1(%(- +(" "Ä“
& (%ąŋ/( ŋ*,)*/ -. ŋĒ&#% ē 23 Ŋ -" Ŋ2#Ŋ/1.8#!3 Ŋ Ŋ-(5#+Ŋ- !(.Ĺ - +ĔŊ3." 2Ŋ+ 2Ŋ! -!(.-#2Ŋ"#+Ŋ%14/.Ŋ2.-Ŋ .1(%(- +#2Ŋ8Ŋ"#Ŋ24Ŋ 43.1~ ēŊ
9
Ä“ĹŠ .2ĹŠ(-3#%1 -3#2ĹŠ"#ĹŠ+ ĹŠ -" ĹŠ#23;-ĹŠ#-ĹŠ24ĹŠ%(1 ĹŠ"#ĹŠ,#"(.2ĹŠ#-ĹŠ5 1( 2ĹŠ!(4Äą " "#2ĹŠ"#+ĹŠ/ ~2Ä“ĹŠ
INTERESES GENERALES POR: Carlos MontĂşfar C.I.: 0500626072
ed jWd iÂŒbe Zei W‹ei Z[ l_ZW 9Wf_jWb AbWda" kdW Z[ bWi W]hkfWY_e# d[i c|i `ÂŒl[d[i Z[ bW YWf_jWb [YkWjeh_WdW" bWdpWhed ik dk[le jhWXW`e cki_# YWb Wb c[hYWZe beYWb Yed [b j‡jkbe0 ĂˆJ_[cfei Z[ Wo[hÉ" Wb]kdei Z[ iki _dj[]hWdj[i l_i_jWhed Wo[h bWi _di# jWbWY_ed[i Z[ :_Wh_e BW >ehW$ BW fh_c[hW fWhj[ Z[b decXh[ Z[dec_dWZe 9Wf_jWb i[h‡W fehgk[ iki _dj[]hWdj[i ied Z[ Gk_je" o AbWda" i_]d_Ă’YW ied_Ze [d [b _Z_e# cW W\h_YWd_i1 Z[ [iW \ehcW i_[j[ `ÂŒ# l[d[i Yed _bki_ed[i gk_[h[d i[]k_h Yedgk_ijWdZe dk[lei \Wdi [d YWZW kde Z[ iki YedY_[hjei$ KdW Z[ bWi YWhWYj[h‡ij_YWi Z[ [ijW XWdZW [i gk[ jeZWi bWi YWdY_e# d[i gk[ \ehcWd fWhj[ Z[ ik fh_c[h i_d]b[ ied _dƒZ_jWi$ Kde Z[ iki _d# j[]hWdj[i fbWicW iki i[dj_c_[djei [d YWdY_ed[i" fWhW WZ_Y_edWbc[dj[ _dYbk_h h_jcei" o fed[hbei W Yedi_# Z[hWY_ÂŒd Z[b f‘Xb_Ye$ Bei _dj[]hWdj[i Wfhel[Y^Whed bW eYWi_ÂŒd fWhW _dl_jWh W XWdZWi bWjWYkd]k[‹Wi W YecfWhj_h [iY[# dWh_ei o jeYWh `kdjei" Yece kdW efehjkd_ZWZ Z[ _dj[hYWcX_Wh [n# f[h_[dY_Wi Yece be ^_Y_[hed [d ejhWi Y_kZWZ[i Z[b fW‡i$ ;b W‹e fWiWZe eXjkl_[hed [b fh[c_e Ăˆ8WdZW H[l[bWY_ÂŒd (&''É" eh]Wd_pWZe feh bW 7bYWbZ‡W Z[ Gk_# je" WZ_Y_edWb W [bbe eXjkl_[hed ejhe [d kdW hWZ_e gk[ i[ jhWdic_j[ W jhWlƒi Z[ _dj[hd[j$ I[]‘d bW XWdZW" W ik i^em Wi_ij[d f[hiedWi Z[iZ[ bei '( ^WijW bei ,& W‹ei Z[ [ZWZ" gk_[d[i XW_bWd o Z_i\hkjWd [d YWZW fh[i[djWY_ÂŒd$ ;b h[Y_X_h kd fh[c_e" Ye_dY_Z[d bei c‘i_Yei" [i kdW cej_lWY_ÂŒd o Z[ [iW \ehcW iWX[d gk[ [ij|d X_[d [dYWc_dWZei [d ik YWhh[hW cki_# YWb$ @[Ăľ[hied 7hWdZW" j[YbWZ_ijW" Z[ (' W‹ei" Yk[djW gk[ oW [n_ij‡W kdW
W]hkfWY_ÂŒd ^WY[ Zei W‹ei" bW c_i# cW gk[ i[ Z[i_dj[]hÂŒ" Z[ W^‡ gk[# ZWhed jh[i f[hiedWi" f[he [ie b[i ^W i[hl_Ze fWhW j[d[h cWZkh[p" o eX`[j_lei YbWhei [d bW XWdZW$ Jh[i _dj[]hWdj[i Z[b ]hkfe Wd# j[h_eh \ehcWd fWhj[ Z[ bW WYjkWb W]hkfWY_ÂŒd" Z[ [iW \ehcW [b eX`[# j_le [i jhWic_j_h [nf[h_[dY_Wi" Z_Y[ 7dZhƒi 8eic[Z_Wde Z[ (+ W‹ei" XW`_ijW o Yecfei_jeh$ 7kdgk[" jWcX_ƒd i[ fh[fWhWd fWhW fheo[YjWh c‘i_YW Yed kd j_d# j[ ieY_Wb" Ăˆ:_d[heÉ [i kdW YWdY_ÂŒd gk[ _dl_jWh| W bW h[Ă“[n_ÂŒd Z[ ^WijW ZÂŒdZ[ fk[Z[ bb[]Wh kdW f[hiedW fWhW Yedi[]k_h [b c_ice$ Feh W^ehW fheceY_edWd kd j[cW hec|dj_Ye gk[ jhWjW Z[b fh_# c[h Wceh" kdW Z[Y[fY_ÂŒd Wcehe# iW" i[]‘d [nf[h_[dY_Wi fhef_Wi Z[b Yecfei_jeh" bWi gk[ i[h‡Wd ik _di# f_hWY_ÂŒd fWhW [iYh_X_h iki b‡h_YWi$ I[]‘d 8eic[Z_Wde" [b h_jce gk[ e\h[Y[d [i [b h[]]W[ o kdW c[pYbW Z[ h_jcei W\heYWh_X[‹ei$
ĹŠ,ĂŒ2(! ĹŠ8ĹŠ#+ĹŠ#234"(. F[i[ W gk[ W‘d ied `ÂŒl[d[i o [ij|d fh[fWh|dZei[" i[ ZWd [b j_[cfe d[# Y[iWh_e fWhW [diWoWh o fh[fWhWhi[" Wkdgk[ jh[i Z[ [bbei jWcX_ƒd i_# ]k[d YWhh[hWi WĂ’d[i W bW c‘i_YW o bW fheZkYY_ÂŒd cki_YWb" ejhe Z[ bei
_dj[]hWdj[i [ijkZ_W Z_i[‹e ]h|Ă’Ye" Z[ [iW \ehcW WfehjWd W bW W]hkfW# Y_ÂŒd Z[iZ[ iki [if[Y_Wb_ZWZ[i$ JeZei Ye_dY_Z[d [d gk[ [b c[h# YWZe WYjkWb Z[b fW‡i [n_][ jhWXW`e Z[ YWb_ZWZ" [nY[b[dj[ j[c|j_YW" fhefk[ijWi Z_\[h[dj[i" Xk[dW _cW][d YehfehWj_lW" Æde fk[Z[i Ye][h kd Z_iYe gk[cWZe" [iYh_X_h [b decXh[ Z[b ]hkfe o fh[i[djWhj[ Wi‡ Wdj[ kd c[Z_eÇ" Wi[]khÂŒ @[Ăľ$ CWhj‡d" [b jhecXed_ijW Z[ bW XWdZW (' W‹ei " Yk[djW gk[ YkWd# Ze i[ lWd W kdW fh[i[djWY_ÂŒd i_[d# j[ [b YecfW‹[h_ice" f[he Wb c_i# ce j_[cfe bW YWb_ZWZ fhe\[i_edWb" gk[ Æ_cfb_YW iWYh_\_Y_e" f[he bW iWj_i\WYY_ÂŒd [i c|i ]hWdZ[Ç" Z_Y[" ieXh[ jeZe fehgk[ Wi[]khW gk[ [b Z_i\hkjW o WcW be gk[ ^WY[" de iÂŒbe Yece c‘i_Ye" i_de Yece i[h ^kcWde$ 42ĹŠÄĽ3 + 2ÄŚ I[ ^Wd fh[i[djWZe [d Y_kZWZ[i Yece Gk_je" ?XWhhW" =kWoWgk_b" o l_i_jWh|d EjWlWbe" 9k[dYW" o fe# i_Xb[c[dj[ Wb <[ij_lWb Z[ kd c[# Z_e Z[ 9eckd_YWY_ÂŒd _cfh[ie [d H_eXWcXW$ BW fheZkYY_ÂŒd Z[ [ij[ i_d]b[ [ijkle W YWh]e Ăˆ7dZh[ Ă„JÉ" leYWb_ijW Z[ FWfW 9^Wd]e KdW Z[ bWi Z_Ă’YkbjWZ[i Z_Y[d [i gk[ [d eYWi_ed[i ]ebf[Wd fk[hjWi fWhW e\h[Y[h YedY_[hjei e j[d[h [d# jh[l_ijWi" f[he de j_[d[d jWdjW fe# i_X_b_ZWZ Z[ ^WY[hbe" o gk[ [d Wb]k# dei YWiei ckY^ei Whj_ijWi Z[X[d fW]Wh fWhW gk[ i[ fk[ZWd [iYk# Y^Wh iki YWdY_ed[i [d bei c[Z_ei$
Ä“ĹŠ 4ĹŠ,ĂŒ2(! ĹŠ-.ĹŠ3(#-#ĹŠ4-ĹŠ+~,(3#ĹŠ"#ĹŠ#" "ĹŠ/ 1 ĹŠ#2!4!' 1+ Ä“
7 ĀăĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä‚
Ĺ? +. Ĺ?
SUPERINTENDENCIA DE COMPAĂ‘Ă?AS
EXTRACTO CONSTITUCIĂ“N DE LA COMPAĂ‘Ă?A CONSTRUCTORA OLLUMWA H&M S.A..
La compaĂąĂa CONSTRUCTORA OLLUMWA H&M S.A. se constituyĂł por escritura pĂşblica otorgada ante el Notario Primero Encargado del CantĂłn LATACUNGA, el 09 de Febrero de 2012, fue aprobada por la Superintendencia de CompaĂąĂas, mediante ResoluciĂłn SC.DIC.A.12.091 1.- DOMICILIO: COTOPAXI.
CantĂłn
SALCEDO,
provincia
de
2.- CAPITAL: Suscrito US$ 800,00 NĂşmero de Acciones 800 Valor US$ 1,00 3.- OBJETO: El objeto de la compaĂąĂa es: LA PROYECCIĂ“N, ORGANIZACIĂ“N, OPERACIĂ“N Y PRESTACIĂ“N DE SERVICIOS EN EL Ă REA DE CONSTRUCCIĂ“N DE OBRAS CIVILES EN GENERAL,... Ambato, 28 DE FEBRERO DE 2012
25463
EstĂĄ con el Presidente, y le damos la mĂĄs calurosa bienvenida a nuestra Provincia Cotopaxi. Somos un pueblo comprometido con el trabajo y los ideales que nuestro CompaĂąero Eco. Rafael Correa Delgado, demuestra dĂa a dĂa, el trabajo de los que transportamos esperanza, el trabajo de los que velamos por la salud, el trabajo de los que educamos a los nuevos ciudadanos del sector urbano y rural. Ese trabajo de quienes hombro a hombro luchamos por la justicia y el buen vivir, de quienes estamos junto al pueblo y mantenemos las manos limpias y los corazones ardientes.
BIENVENIDO SEĂ‘OR PRESIDENTE DE LA REPĂšBLICA Ing. Manuel Chango Toapanta ALCALDE DEL G.A.D MUNICIPAL DEL CANTĂ“N SAQUISILĂ?
CONSTRUYENDO CONTIGO BIENESTAR PARA TODOS!!!
ÄŠ
ĹŠ
7 Ĺ? ĀăĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä‚
Ĺ? +. Ĺ?
'
!4&,5& " &23" $*4%"% $/. 2&$1&3/2 %& ," & # " $% # ! " ",4% *.&1/ -/1 !*"+&2 &$341" %& ," !&," 6 "1/3 .%*./
ĉĎĉĈĒ
SE ARRIENDA
! "
" 4". #&, $)&5&11*" 6 9.$)&7 %& 1&,,"." +4.3/ " ," 0*77&1:" 8 .(&,/
8ELC8:@FE<J
CONVOCATORIA
%) & #"(& ( &
&,
$ $ ! $ #" $ ! $ #" ! $ $ $ ! #" ! $
&' +"& ( ! #% & ! ( ! & % "! & !' %# %&"! & &#"! ! ' * ' #" " # '"
" , #'
'% ' )" # $( ' % (! % ' )" # ' ,! # % ! !' & %%" " #%" & "!
)(!),' &) $-*)( & 1 )'* 54 - 1 & -. ./.) ) $ & & )'* 54 - )(0) &)- - 5), - $)($-. - & )'* 54
%/(. ( , & , $( ,$ $)($-. - +/ - , &$2 ,3 & 4 )'$(") ,2) & ( & $/ . /(" ( & - )7 $( - & )'* 54 / $ - ( & - && - "&)' , )- 04 +/$-$&4 1 $&)' .,) - ( & - # # *' * , ., . , & -$"/$ (. ), ( & 4
AL POR MAYOR Y MENOR Venta de puntales ULMA, seminuevos, reforzado. AL CONTADO Y CRÉDITO Telfs: 099 44 51 41 / 022 75 00 91 Correo: distribuidora.alvaresa@yahoo.es SANTO DOMINGO - ECUADOR
163850/mz
Ä Ä€
ĹŠ
"( & ' #' "* & # * ! $ ) &# ' $#& #! !+' " #&! ' #' (
C`Yi\kX <okiXm`X[X Gfi G„i[`[X mX XelcXij\ cX C`Yi\kX [\ 8_fiifj Ef% '-'('('(-(()# \og\[`[X gfi Ăˆ:8:G<:FÉCk[X%2 X ]Xmfi [\ HL@J?G< :FCC8P N@CJFE :<J8I% gifZ\[\ X cX j`^l`\ek\ glY$ c`ZXZ`Â?e X ]`e [\ gi\m\e`i Xc gÂ’Yc`Zf ZlXchl`\i ljf `e[\Y`[f hl\ gl[`\iX [Xij\% =&),++C`Yi\kX <okiXm`X[X Gfi G„i[`[X mX XelcXij\ cX C`Yi\kX [\ 8_fiifj Ef% '-'('('*-+0*# \og\[`[X gfi Ăˆ:8:G<:FÉCk[X%2 X ]Xmfi [\ G8CCF 9LJK@CCFJ AFJ< G8KI@:@F% gifZ\[\ X cX j`^l`\ek\ glY$ c`ZXZ`Â?e X ]`e [\ gi\m\e`i Xc gÂ’Yc`Zf ZlXchl`\i ljf `e[\Y`[f hl\ gl[`\iX [Xij\% =&),+*/ C`Yi\kX <okiXm`X[X Gfi g„i[`[X mX X XelcXij\ cX c`Yi\$ kX [\ X_fiifj Ef% +,'(+'((.*# \og\[`[X gfi cX :ffg% )0 [\ FZklYi\2 X ]Xmfi [\ Fz8 K8G@8 ?L>F IF9<IKF% GifZ\[\ X cX j`^l`\ek\ glYc`ZXZ`Â?e X ]`e [\ gi\m\e`i Xc gÂ’Yc`Zf ZlXchl`\i ljf `e[\Y`[f hl\ gl[`\iX [Xij\% =&),+,' 98E:F ;<C 8LJKIF J%8%# Zfdle`ZX hl\ gfi _XY\ij\ \okiXm`X[f \c Z_\hl\ Ef% ()'' [\ cX :kX% :k\% Ef% ,'(*),0 g\ik\e\Z`\ek\j X AL8E :8ICFJ :8;<E8 :8;<E8 gifZ\[\ X cX j`^l`\ek\ glY$ c`ZXZ`Â?e X ]`e [\ gi\m\e`i Xc gÂ’Yc`Zf ZlXchl`\i ljf `e[\Y`[f hl\ gl[`\iX [Xij\ X cfj ]fi$ dlcXi`fj Xek\j d\eZ`feX[fj p gfi Zfej`^l`\ek\ ef Xjld\ e`e^leX i\jgfejXY`c`[X[% =`idX 8lkfi`qX[X =&),+++ C`Yi\kX <okiXm`X[X Gfi G„i[`[X mX XelcXij\ cX C`Yi\kX [\ 8_fiifj Ef% '-(''(''0(0/# \og\[`[X gfi
Ăˆ:8:G<:FÉCk[X%2 X ]Xmfi [\ LM@;@8 >L8zF N8J?@E>KFE IF;I@>F% gifZ\[\ X cX j`^l`\ek\ glY$ c`ZXZ`Â?e X ]`e [\ gi\m\e`i Xc gÂ’Yc`Zf ZlXchl`\i ljf `e[\Y`[f hl\ gl[`\iX [Xij\% =&),++0 C`Yi\kX <okiXm`X[X Gfi g„i[`[X mX X XelcXij\ cX c`Yi\kX [\ X_fiifj Ef% '(('(0,)'-# \og\[`[X gfi \c 9Zf% [\ =fd\ekf2 X ]Xmfi [\ 8C@>O8E;I8 EFI8 J8I8E>F JLHL@K8E8% GifZ\[\ X cX j`^l`\ek\ glY$ c`ZXZ`Â?e X ]`e [\ gi\m\e`i Xc gÂ’Yc`Zf ZlXchl`\i ljf `e[\Y`[f hl\ gl[`\iX [Xij\% =&),+*( C`Yi\kX <okiXm`X[X Gfi G„i[`[X mX XelcXij\ cX C`Yi\kX [\ 8_fiifj Ef% '-'('(').,.(# \og\[`[X gfi Ăˆ:8:G<:FÉCk[X%2 X ]Xmfi [\ IF:?8 IF:?8 ALC@8 CLQD@C8% gifZ\[\ X cX j`^l`\ek\ glY$ c`ZXZ`Â?e X ]`e [\ gi\m\e`i Xc gÂ’Yc`Zf ZlXchl`\i ljf `e[\Y`[f hl\ gl[`\iX [Xij\% =&),+,/ C`Yi\kX <okiXm`X[X Gfi G„i[`[X mX XelcXij\ cX C`Yi\kX [\ 8_fiifj Ef% '-'('('*0*.,# \og\[`[X gfi Ăˆ:8:G<:FÉCk[X%2 X ]Xmfi [\ 8CGLJ@> A8:?F D@I@8E J8CFD<% gifZ\[\ X cX j`^l`\ek\ glY$ c`ZXZ`Â?e X ]`e [\ gi\m\e`i Xc gÂ’Yc`Zf ZlXchl`\i ljf `e[\Y`[f hl\ gl[`\iX [Xij\% =&),+,, C`Yi\kX <okiXm`X[X Gfi G„i[`[X mX XelcXij\ cX C`Yi\kX [\ 8_fiifj Ef% '-'-''(()-.*.# \og\[`[X gfi Ăˆ:8:G<:FÉCk[X%2 X ]Xmfi [\ PL>:?8 ?<II<I8 IF9<IKF :8ICFJ% gifZ\[\ X cX j`^l`\ek\ glY$ c`ZXZ`Â?e X ]`e [\ gi\m\e`i Xc gÂ’Yc`Zf ZlXchl`\i ljf `e[\Y`[f hl\ gl[`\iX [Xij\% =&),+,.
# & ), $ & $(0$. $6( & 5), & )'* 54 & /(. )(0) . (. ' (. ,./,) $, ) #
,2) &
Convocatoria ! (! &! !% !% %! !% %& &' / % / $ $ $ $ + $% - %, ! $+! %
&$ % & $ ' $$ ! " $! $ $ & " +! & ! % ' & !$ -
t $POTUBUBDJĂ˜O EFM RVĂ˜SVN t *OGPSNF EFM 1SFTJEFOUF t *OGPSNF EFM (FSFOUF (FOFSBM t "QSPCBDJĂ˜O EFM #BMBODF QFSJPEP t 3FTPMVDJPOFT t $MBVTVSB
& & &
! ) %& $ #'/$' $ & $ ! % % / % $ + $, ' !$ ,% & $ !$ % . * % $ %! ' ! % &! % % $, & % "!$ &! !%
7 Ĺ?Ĺ? ĀăĹ? Ĺ? Ĺ? Ĺ?Ä‚Ä€Ä Ä‚
Ĺ? +. Ĺ?
Ä Ä
#'~!4+.ĹŠ1#!4/#1 ".
Ĺ—ĹŠĹŠ
ēŊ .2Ŋ !42 ".2Ŋ$4#1.-Ŋ1#%(231 ".2Ŋ(-(!( +,#-3#Ŋ#-Ŋ+ Ŋ/1#5#-!(¢-Ŋ"#+Ŋ ., -".Ŋ"#Ŋ .+(!~ ē
. (# )-Ĺ‹ (Ĺ‹ &#.)Ĺ‹Ăł !, (. +ĹŠ/ 314++ )#ĹŠ#-ĹŠ#+ĹŠ !#-31.ĹŠ"#ĹŠ+ ĹŠ!(4Äą " "ĹŠ+#2ĹŠ/#1,(3(¢Ŋ /1#'#-"#1ĹŠ ĹŠ+.2ĹŠ , +'#!'.1#2Ä“ ;hWd bWi '&0)& o kd ]hkfe Z[ fe# b_Y‡Wi [ijWXW [d [b IWbÂŒd Z[ bW 9_k# ZWZ" fWhj_Y_fWdZe Z[ bW I[i_ÂŒd Ie# b[cd[ eh]Wd_pWZW feh bei -* W‹ei Z[ bW Feb_Y‡W DWY_edWb$ 7\k[hW" ejhe ]hkfe Z[ kd_\ehcWZei l_]_bWXW o h[Wb_pWXW fWjhkbbW`[i feh Z_l[hiei i[Yjeh[i Z[ bW khX[" o [d c[Z_e Z[ bei h[Yehh_Zei" Z[jkl_[hed W Zei fh[ikdjei Wdj_ieY_Wb[i$ CWhYe CWhY[he" eĂ’Y_Wb ef[hWj_# le Z[ bW Feb_Y‡W DWY_edWb" [nfb_YÂŒ gk[ kd fWh Z[ fh[ikdjei Z[b_d# Yk[dj[i ^WX‡Wd [ijWZe feh bW Y_k# ZWZ _dj[djWdZe ikijhW[h bei WYY[# ieh_ei Z[ bei Wkjecejeh[i$
;d c[Z_e Z[ iki _dj[djei bei Wdj_ieY_Wb[i ^WX‡Wd be]hWZe WXh_h kd l[^‡Ykbe [ijWY_edWZe [d kdW Z[ bWi YWbb[i Z[ bW Y_kZWZ" [d [i[ ce# c[dje bei j[ij_]ei Wb[hjWhed W bei feb_Y‡Wi" gk_[d[i Wb _d_Y_e be]hWhed bW YWfjkhW Z[ kde Z[ bei ieif[Y^e# iei [d [b bk]Wh" Yed WokZW Z[ bW Ye# ckd_ZWZ$ C_[djhWi" [b ejhe ik`[je \k[ YWfjkhWZe Wfhen_cWZWc[dj[ W Y_dYe YkWZhWi Z[b bk]Wh Z[b fei_Xb[ _b‡Y_je$ CWhY[he cWd_\[ijÂŒ gk[ W bei fh[ikdjei Wdj_ieY_Wb[i bei Z[jk# l_[hed Yed kdW YWhj[hW gk[ ^WX‡W i_Ze ikijhW‡ZW Z[b _dj[h_eh Z[b Wk# jecejeh" WZ[c|i W bei f[h`kZ_YW# Zei b[i _dZ_YWhed [b fheY[Z_c_[dje W i[]k_h$ I[]‘d [b eĂ’Y_Wb" bei Zei Z[j[d_# Zei h[]_ijhWd Wdj[Y[Z[dj[i feb_# Y_Wb[i feh Z_l[hiei Z[b_jei" WZ[c|i kde Z[ [bbei j_[d[ [d ik ^_ijeh_Wb '+ Z[j[dY_ed[i" feh be gk[ [if[hW gk[ bei W\[YjWZei Z[dkdY_[d [b ^[Y^e fWhW gk[ de h[YeXh[d ik b_X[hjWZ$
/#1 3(5.2ĹŠ2(%4#-
Ĺ—ĹŠĹŠ
ēŊ .2Ŋ !42 ".2Ŋ$4#1.-Ŋ(-%1#2 ".2Ŋ +Ŋ #-31.Ŋ"#Ŋ #3#-!(¢-Ŋ 1.5(2(.- +Ŋ ĸ Ěē
& , ,)(Ĺ‹/(Ĺ‹(/ 0)Ĺ‹ (#0 ,- ,#) Kd Z‡W W]_jWZe jkl_[hed bei _dj[# ]hWdj[i Z[b 9ecWdZe Fhel_dY_Wb Z[ Feb_Y‡W" oW gk[ Yed bW bb[]WZW Z[b fh[i_Z[dj[ Z[ bW H[f‘Xb_YW" HW\W[b 9ehh[W" W bW fhel_dY_W" kdW fWhj[ Z[b f[hiedWb jkle gk[ YebW# XehWh [d [b ef[hWj_le Z[ i[]kh_ZWZ fh[i_Z[dY_Wb" i_d [cXWh]e" [ie de _cf_Z_ÂŒ gk[ feh Xh[l[i c_dkjei i[ Y[b[Xh[ bW I[i_ÂŒd Ieb[cd[ feh Yedc[cehWhi[ bei -* W‹ei Z[ fhe# \[i_edWb_pWY_ÂŒd Z[ bW _dij_jkY_ÂŒd$ ;b WYje ieb[cd[ \k[ YedleYWZe W bWi '&0&&" i_d [cXWh]e" bWi Wkje# h_ZWZ[i _dl_jWZWi de bb[]Whed [d ik jejWb_ZWZ" oW gk[ Wb]kdWi WYk# Z_[hed W bW l_i_jW Z[b fh_c[h cWd# ZWjWh_e" feh be gk[ [b [l[dje _d_Y_ÂŒ '+ c_dkjei Z[ifkƒi o ZkhÂŒ Wfhen_# cWZWc[dj[ *& c_dkjei$
#2# Ûd][b 9^_h_Xe]W >k]e" \k[ [b [d# YWh]WZe Z[ [`[YkjWh [b Z_iYkhie Z[ ehZ[d [d bW I[i_ÂŒd Ieb[cd[" [d [bbW YedjÂŒ Xh[l[c[dj[ bW ^_ijeh_W Z[ bW _dij_jkY_ÂŒd" h[\_h_ƒdZei[ W gk[ bW [dj_ZWZ j_[d[ kdW ^_ijeh_W Z[ iWYh_Ă’Y_e [d X[d[Ă’Y_e Z[ bW Ye# b[Yj_l_ZWZ$ ;nfb_YÂŒ [d '/)*" YkWdZe [hW fh[i_Z[dj[ @eiƒ CWh‡W L[bWiYe ?XWhhW" i[ Z_ifkie gk[ i[ YedjhWj[ _dijhkYjeh[i Z[ 9^_b[ fWhW bW \eh# cWY_ÂŒd o f[h\[YY_edWc_[dje Z[ bW ;iYk[bW Z[ Feb_Y‡W o :[j[Yj_l_ice$ ;b ( Z[ cWhpe Z[ '/)." [b ckd# Ze i[ Wfh[ijWXW W b_XhWh bW I[]kd# ZW =k[hhW CkdZ_Wb" YkWdZe [d [b fW‡i 7bX[hje ;dh‡gk[p =Wbbe" [hW [b fh[i_Z[dj[ i[ Z_e eh_][d W kdW
C[Z_Wdj[ bW YeehZ_dWY_Œd Yed bei W\[YjWZei Z[b heXe Z[ kdW YWc_ed[jW cWhYW D_iiWd" Yebeh XbWdYe Z[ fbWYWi ;87# /&-" [d [b i[Yjeh Z[ 9^Wdj_b‡d" W bWi ,0*& Z[b `k[l[i ‘bj_ce" f[hiedWb feb_Y_Wb bW h[Ykf[hŒ$ I[]‘d [b h[fehj[ bW YWc_ed[jW \k[ [dYedjhWZW [d [b bW fWhj[ feij[h_eh Z[b j[hh[de" [d [b gk[ Wb]‘d cec[dje i[ ^WXbŒ Z[ bW YedijhkYY_Œd Z[b 9[djhe Z[ H[# ^WX_b_jWY_Œd IeY_Wb" [ijWXW Yed bei d[kc|j_Yei ikijhW‡Zei$ Bei _dj[]hWdj[i Z[b :[ijWYW# c[dje Z[ Feb_Y‡W Z[ =kWojW# YWcW jecWhed fheY[Z_c_[dje Z[b YWie [ _dc[Z_WjWc[dj[ [djh[]Whed [b Wkjecejeh W bei W\[YjWZei" gk_[d[i YedeY_[hed [b fheY[Z_c_[dje gk[ Z[X[d i[]k_h$
-ĹŠ/ 2 Äą ".ĹŠÄ?ÄŒĹŠ  .2ĹŠ 8ĹŠ+ ĹŠ .+(!~ ĹŠ !(.- +ĹŠ2#ĹŠ ĹŠ "#"(! ".ĹŠ!.-ĹŠ #,/# .ĹŠ8ĹŠ2(-ĹŠ"#2, 8.ĹŠ ĹŠ /1.3#%#1ĹŠ+ 2ĹŠ5(" 2ĹŠ'4, Äą - 2Ģē
: ĹŠ ĹŠ
ĹŠ ĹŠ ĹŠ }
dk[lW [jWfW Z[ bW Feb_Y‡W DWY_edWb Z[b ;YkWZeh c[Z_Wdj[ Z[Yh[je [`[# Ykj_le" Yed bW Yh[WY_Œd Z[b 9k[hfe Z[ 9WhWX_d[hei o Yed [bbe i[ Z_e f_[ W bW fhe\[i_edWb_pWY_Œd Z[ bW _dij_# jkY_Œd$ BW _dij_jkY_Œd Y[b[XhŒ Wi‡ Yed eh]kbbe kd Z‡W [if[Y_Wb Z[djhe Z[ bW l_ZW feb_Y_Wb$
?dj[]hWdj[i Z[ bWi Feb_Y‡W DWY_edWb [`[YkjWhed bW cW‹W# dW Z[b `k[l[i kd Yedjheb W bW WbjkhW Z[b _d]h[ie W 8[b_iWh_e Gk[l[Ze$ 9ece h[ikbjWZe Z[ bW WYY_Œd bei ][dZWhc[i h[l_iWhed *, Wkjecejeh[i" h[]_ijhWhed W +/ f[hiedWi o h[j_hWhed jh[i f[b‡YkbWi Wdj_ie# bWh[i febWh_pWZei $ ;b ef[hWj_le gk[ ZkhŒ Zei ^ehWi YedYbkoŒ i_d d_d]kdW del[ZWZ fWhW bei feb_Y‡Wi$
Čć! (-!+ēũ : ũćĊũ ũ ũ ũĉćĈĉ
.3./ 7(
ĉđũ :
,/1#2 2ũ2#ũ4-#-
#!3.1#2ũ/1(5 ".2ũ"#ũ+ ũ+.! +(" "ũ 11(, 1.-ũ#+ũ'., 1.ũ ũ+ ũ! 42 ũ "#+ũĥ -24# .ũ .3./ 7#-2#Ħũ/ 1 ũ#23 ũ3#,/.1 " ē : ũ Đ
1#24-3.ũ"#+(-!4#-3#2ũ "#3#-(".2
ũ .+(!~ ũ !(.- +ũ! /341¢ũ ũ".2ũ/#12.- 2ũ 04#ũ$4#1.-ũ !42 " 2ũ"#ũ(-3#-3 1ũ!.,#3#1ũ 4-ũ(+~!(3.ũ#-ũ+ ũ41 #ēũ : ũ ĈĈ
2 " ũ"#2"#ũ ' !#ũ1 3.ũ
.-ăũ1, -ũ04#ũ 3 +(#ũ .13, -ũ2#ũ! 2¢ũ#-ũ 2#!1#3.ũ' !#ũ +%4- 2ũ 2#, - 2ēũ : ũ Ĉć
ĥ ;-!#1ũ(-!41 +#Ħ
2/#!( +(23 ũ 2#%41¢ũ04#ũ345.ũ !!#2.ũ ũ + ũ(-$.1, !(¢-ũ"#ũ+ ũ!+~-(! ũ#-ũ".-"#ũ2#ũ ./#1¢ũ#+ũ -" 3 1(.ē
;%(- ũ Đ