Watchtower (study edition) 2012

Page 1

34567 59 ı ) 6>56

D

˙ ) ˙ ) ˚ )

ı ˙ ) ˚ )

6< ) P 7 ˚ )

SZ \f\h1 ,T/V`S,*2 *bnV* ı 7 ˙ ı ıB 5>:E 556

8P5> ˚ )

˛`*/ZSgb,\ P WSf\,TaZ* \4Z*V* \ab*ZZTf /ZT, ı < ˙ ı ıB :7E 76

55P5; ˚ )

Wd3S -\,T gTWSY a1`g1Y ı 57 ˙ ı ıB 96E 9;

5<P68 ˚ )

-\,* 4Z*2E qV ,S4,\WSbS a,Ty Z*`\/ ı 66 ˙ ı ıB 577E 575

69 ˚ ) P 5 )

-\,* \f\`\Zq2 Z*a /Wq a]*aTZZq ı 6; ˙ ı ıB 55>E :>

34567

˚ ˚• ˙ ) ˚ )

APRIL 15, 2012

) Ë™ ) Ëš ) 5

Vol. 133, No. 8 Semimonthly UKRAINIAN

Ëš w Äą " x ]\Wq-*2 , b\YdE k\+ ]`\aW*,WqbS \-* -\,d qV 1`f\,Z\-\ `*,Sb1Wq a1a,TbdD \/T+Z\ qV 4 ,*`b\,Sf +*jb d /*,ZSZd +dW\ /\+`1 ,S/Z\E k\ ,T/+d,*2bnaq ,/*W1hSZTE Z* ab\`TZV*f gn\-\ 3d`Z*Wd ]`\ab13d2bnaq `\4,Sb\V a,Tb\,Sf ]\/Ty d a,TbWT +T+WTyZSf ]`\`\gb,D w *`b\,* +*jb*x ]\bTj*2 Wp/1y /\+`\p Z\,SZ\p ]`\ b1E k\ \31 *`ab,\ P ,ab*Z\,W1ZSy d Z1+T d`q/ P Z14*+*`\Y ]\VW*/1 V`*y dan\Yd 4Wd T ]1`1YTZSbn 41YWp Z* `*yD *a\]Sa 4YTgZp2 ,T`d , Äąada* `Sab*E qVSy ]\Y1`E k\+ YS Y\-WS \b`SY*bS ,ThZ1 3SbbqE T qVSy b1]1` ab\^bn Z* h\WT \3\-\ *`ab,*D ,T/VS -\,S +14]1`1`,Z\ ,S/*pbn g1y 3d`Z*W 4 5<;= `\VdD TZ 2 ]\WTbShZ\ Z1yb`*WnZSY T ĹĄ`dZbd2bnaq Z* T+WT^D

1 /Wq ]`\/*3dD S/*ZZq w *`b\,\^ +*jbSx 2 h*abSZ\p ,a1a,TbZn\^ ]`\-`*YS +T+WTyZ\^ \a,TbSE qV* ]T/b`SYd2bnaq /\+O `\,TWnZSYS ]\31`b,*YSD `S gSbd,*ZZT ,`1yanVSf Sa*Zn ,SV\`Sab\,d2bnaq ]1O `1VW*/ -T2ZV* L,S/*ZZq 6>>6 `\VdE ZdY1`*gTq a*WYT, 4-T/Z\ 4 ,S/*ZZqY 5==> `\VdME * `1gnVSf Sa*Zn P w `SaO bSqZanVT `1gnVT Sa*ZZqD 1`1VW*/ Z\,\-\ a,TbdxD ÄąZjT /31`1W* gSb*bB dWDP ,qb1 SanY\E ]1`1VW*/ dWTj*C P w 1`1VW*/ Z\,\-\ a,Tbd ,qb\-\ SanY*x L4 ]`SYTbV*YSE *Z-WDMC \YDP ,qb1 SanY\E ]1`1VW*/ \Y1ZV*D

Äą 7P;

)VSYS /,\Y* a]\a\+*YS Äąada ,T/V`SO ,*, Z1+1aZ\-\ *bnV* a,\^Y dhZqY b* TZjSY Wp/qYH )V Z*Y Z*aWT/d,*bS ÄąadO a*E /\]\Y*-*phS TZjSY ]T4Z*bS -\,dH ab*bbT YS 4Z*y/1Y\ ,T/]\,T/T Z* gT 4*O ]Sb*ZZqD

) Ë™ ) Ëš ) 6

Äą <P56

n\-\/ZTjZTy a,Tb ]`\aqVZdbSy Z1,T`O ZTabpD W1 Z1 Y\3Z* /\4,\WqbSE k\+ 4`*/* ]\`djSW* YS` T 2/ZTabn Z*jSf aTO Y1y hS 4+\`dD ab*bbT ]\qaZp2bnaqE qV Z*Y 4*WSj*bSaq ,T//*ZSYS \-\,T b* \/SZ \/Z\YdD

) Ë™ ) Ëš ) 7

Äą 57P5;

)V YS ]\V*31Y\E k\ aWd3SY\ -\,T ,T/ dan\-\ a1`gqH T/ qV\^ Z1+14]1VS b`1+* \+1`T-*bS a,\2 a1`g1H #\ /\]\Y\31 Z*Y T /*WT ]\VW\ZqbSaq \-\,T gTWSY a1`g1YH T/]\,T/T YS 4Z*y/1Y\ , gTy ab*bbTD

Äą Ë™ ) Ëš ) 8E 9

Äą 66P75

T/ h*a w,1WSV\-\ WSf*x \3Sy Z*`\/ ab*Z1 -\W\,Z\p YTj1ZZp *b*ZS L *b,D 68B65MD \Yd YS Y\31Y\ +dbS ,]1,Z1ZTE k\ \- ,`qbd2 Z*aH )V ,TZ /\]\Y*-*2 Z*Y 4*WSj*bSaq Z1]\`\hZSO YSH ˛Z*yj\,jS ,T/]\,T/T Z* gT 4*]SO b*ZZqE YS 4YTgZSY\ a,\p ,T`dD

Ë™ Ëš Ëš )

78 >5; >>> Äą & Äą & Äą Äą

The Watchtower (ISSN 0043-1087) is published semimonthly by Watchtower Bible and Tract Society of New York, Inc.; M. H. Larson, President; G. F. Simonis, Secretary-Treasurer; 25 Columbia Heights, Brooklyn, NY 11201-2483. Druck und Verlag: Wachtturm BibelO und TraktatGesellschaft der Zeugen Jehovas, e. V.E SeltersNTaunus. Verantwortliche Redaktion: Ramon Templeton, Selters/ Taunus. 5 2012 Watch Tower Bible and Tract Society of Pennsylvania. aT ]`*,* 4+1`T-*pbnaqD Printed in Germany

Ë™ ÄąB a1ab`* ]`\]\Zd2 3TZgT +`\jd`d Y\,\p TZdVO bTbdb , YTabT ÄąV*Wd^b L dZ*,dbE *Z*/*ME Z* \+W1/1ZTW\Yd d4+1`133T 4*b\VS `\+Tj1`D

Ë? Ëš Äą

557 =<=

˚ ˚ ˙ Ĺ Ĺ•

5<

TWT*W d *Z*/T Z*O -Wq/*2 4* ]1`1VW*/\Y ]d+WTV*gTy 56 YTag1,SO YS Y\,*YS

Ĺ ˙˚ ) Ĺ ) ( & w˛ (˙˚)x

76 G) ËšH

˚ ı˙

& w Tfb\ Z1 4Z*2E fb\ 2 *bnV\EP WSj1 SZ T b\yE V\Yd SZ 4*f\O h1 ,T/V`SbS y\-\ x L 5>B66MD

) ı˙ ı H

\Yd ıada YT- ,T/V`SbS *bnV* b*VE qV ZTfb\ TZjSyH

)VSY hSZ\Y ıada ,T/V`S,*, Wp/qY a,\-\ *bnV*H

)V Z*Y Z*aWT/d,*bS ıada*E /\]\Y*-*phS Wp/qY ]T4Z*bS -\,dH

2 \-Hx 1 ]Sb*ZZq f,SWp2 +*-*bn\f Wp/1yD *]`SVW*/E +TWnjTabn bSfE fb\ Z*4S,*2 a1+1 f`SabSqZ*YSE ,T`qbnE k\ \- 2 `Tyg1pE *W1 hSY*W\ 4 ZSf ,,*3*pbn gp /\Vb`SZd Z14+*-Z1ZZ\pD /SZ ]SanY1ZO ZSV T a,qk1ZZ\aWd3Sb1Wn ,S4Z*,B w h1ZZq ]`\ `Tygp Z1Y\3WS,\ \aq-ZdbS \+Y131ZSY Wp/O anVSY `\4dY\Y hS ]\qaZSbS `*gT\Z*WnZSYS YT`Vd,*ZZqYS T 4,Sh*yZ\p W\-TV\pxD Wp/SE qVT \+ab\ppbn b1\`Tp 1,\WpgT^E ]1`1V\Z*ZT , b\YdE k\ \-* ,4*-*WT Z1 TaZd2 T k\ ,aT hd/* ]`S`\/S ,SZSVWS 4*,/qVS aWT]\Yd ,S]*/VdD

`\b1 Z*,Tbn *`W4 ˙*`,TZ ]\,ZTabp Z1 ,T/VSO /*, Y\3WS,\abT TaZd,*ZZq \-*D TZ V*4*,B w * Y\p /dYVdE Z*yYd/`Tj1 4`\+SbS ,SaZ\,\VE k\ g1 ]Sb*ZZq ,Sf\/Sbn 4* Y13T Wp/anV\-\ `\4dO YTZZqxD 6 \h +S , k\ Wp/S ,T`SWSE +TWnjTabn T4 ZSf b*VS `\4/dYd2 ]`\ \-*D /Z*VE Z1 4Z*yO j\,jS ,Sh1`]ZSf ,T/]\,T/1y Z* a,\^ 4*]Sb*ZO ZqE /1fb\ ]1`1ab*2 jdV*bS \-*D `TY b\-\E *b*Z* w4*aWT]S, `\4dYSx Z1,T`dphSY Wp/qY L6 \`D 8B8MD \3 Z1 /S,Z\E k\ Wp/S 4/1+TWnj\O -\ a]*Zb1WSh1ZT T Z1 4Z*pbn ]`*,/S ]`\ Z*O j\-\ Z1+1aZ\-\ *bnV*E ,\`gq ,a1a,Tbd Lıa* ^ 89B5<MD 7 a1 3 Wp/qY ,V`*y Z1\+fT/Z\ `\4dYTbS TaO bSZd ]`\ \-*D \YdH \Yd k\ WSj1 bTE fb\ wVWSh1 TYGq -\,SxE +d/dbn ,`qb\,*ZT L SYD 5>B57MD #\+ VWSV*bS TYGq -\,SE Wp/SZ* Y*2 4Z*bS \-* qV \a\+dD ıada `Sab\a ,Sq,S, a,\^Y

w

5E 6D )V1 ]Sb*ZZq f,SWp2 +*-*bn\f Wp/1y T h\YdH 7D *M b\ ,T/V`S, Z*Y ,\`gqH +M )VT ]Sb*ZZq YS `\4O -WqZ1Y\H

7

dhZqY ]`*,/d ]`\ \-*D TZ ,T/V`S, ^Y a,\-\ *bnV*D L `\hSb*yb1 dO VS 5>B66MD \Yd ıada YT- 4`\+SbS g1 b*VE qV ZTfb\ TZjSyH )V SZ ,T/O V`S,*, a,\-\ *bnV* T qV Z*Y Z*aWTO /d,*bS ıada*E `\4]\,T/*phS TZjSY ]`\ \-*H \4-WqZnY\ gT ]Sb*ZZqD ı • ı "˚ ˛ & 8

ıada YT- Z*yV`*k1 ]\qaZSbS WpO /qYE VSY 2 *bnV\D \YdH \E ]1`j ZT3 +dWS ab,\`1ZT ,aT e\`YS 3SbbqE ıada 3S, Z* Z1+1a*f qV /df\,Z* TaO b\b*D TZ +d, w2/SZ\`\/ZSY \3SY SZ\Yx Lı,D 5B58C 7B5<MD )V1 ,SZqbV\O ,1 ab*Z\,Sk1I \WS Z1 TaZd,*W\ k1 3\/Z\-\ ab,\`TZZqE ıada ,T/hd,*, Z* a\+T /+*yWS,d d,*-d a,\-\ *bnV*E /T4Z*,*,aq ]`\ Zn\-\ T y\-\ `SaSD *bnV\ T SZE Y*+dbnE d]`\/\,3 Z1O 4WTh1ZZSf ,TVT, +*-*b\ a]TWVd,*WSan b* `\4,S,*WS -WS+\Vd Wp+\, \/SZ /\ \/Z\-\ Lı,D 9B6>C 58B75MD *aVTWnVS 3 /\+`1 SZE \h1,S/Z\E ]T4Z*, \a\+SaO bTabn \-*I L `\hSb*yb1 \W\aqZ 5B59P5;MD 9 *bnV\ ]`S4Z*hS, SZ* a,\^Y `1hZSV\YE T b\y ab*, w W\,\Y \O 3SYx L +Gq,D 5=B57MD b\3 ıada YT,T/V`SbS Wp/qY Z1+1aZ\-\ *bnV* b*VE qV ZTfb\ TZjSyD SanY1ZZSV ,*Z-1WTq ı,*Z Z*]Sa*,E k\ ıadaE w W\,\xE w]1`1+d,*2 ]`S W\ZT *bnO V*x Lı,D 5B5E 5<MD SaWT,E qVSy ,SV\O `Sab*, ı,*ZE ]\,Gq4*ZSy 4 ]\jS`1O ZSY d y\-\ h*aS 4,Sh*2Y a]\3S,*bS ^3d Z*]T,W13*hSD )Vk\ -Tabn 4* ab\O W\Y f\bT, ]\a]TWVd,*bSan 4 Wp/SO Z\pE qV* +dW* ]\`q/E b\ afSWq,aq /\ ^ ^ wW\Z*xE b\+b\ -`d/1yD \/T+Z\ SZE w]1`1+d,*phS ]`S W\ZT *bnV*xE bTaO Z\ 4 ZSY a]TWVd,*,aqD 8E 9D \Yd ıada YT- ,T/V`SbS *bnV* b*VE qV ZTfb\ TZjSyH

8

:

4*2YSZS YT3 *bnV\Y T SZ\Y ab*,*WS /1/*WT +WS3hSYSD SZ +d, w,1a1W\k*YS /Wq \-* /1Zn d /1ZnxD L `\hSb*yb1 `S]\,Tab1y <B66E 67E 7>E 75MD TZ ]`*gp,*, `*4\Y 4 *bnV\Y T Z*Y*-*,aq Z*aWT/d,*bS y\-\E b\Yd ^fZT d4S 4YTgZp,*WSaqD \WS 4Gq,SWSan TZjT `\4dYZT ab,\O `TZZqE SZ a]\ab1`T-*,E qV -\,* ab*,Sbnaq /\ V\3Z\-\ 4 ZSfE T y\O -\ Wp+\, b* ]\,*-* /\ *bnV* 4`\aO b*WSD ;

˛-\/\Y *b*Z* ]T//*, adYZT,d ]`*,\ -\,S ]\aT/*bS Z*y,Skd ,W*O /d , da1a,TbTD \3 SZ Y*, Y\3WSO ,Tabn ]\+*hSbSE qV *bnV\ ,Sq,WqbSO Y1 Wp+\,E a]`*,1/WS,TabnE Yd/`Tabn T aSWd , b*VTy aVW*/ZTy aSbd*gT^D 14O ]1`1hZ\E g1 /\]\Y\-W\ ıada\,T ]T/-\O bd,*bSan /\ b`d/Z\kT,E 4 qVSYS ,TZ 4TbVZd,aq ]T/ h*a a,\-\ aWd3TZZq Z* 41YWT Lı,D 9B5=MD <

aVTWnVS SZ Y*, bTaZT ab\adZVS 4 -\,\pE ,TZ YT- /1b*WnZ\ ]\qaZSO bSE qVSY 2 *bnV\D \Yd /\aWT/3dO ,*bS ,h1ZZq b* /TW* 2/SZ\`\/Z\-\ \3\-\ SZ* P g1 Z*yV`*kSy a]\O aT+ /T4Z*,*bSan ]`\ *bnV*D `SYTO `\YE Z*Y +dW\ + Z1W1-V\ 4+*-ZdbSE k\ b*V1 Wp+\,E ]`\ab\ ]`\hSb*,jS , aW\,ZSVd ,S4Z*h1ZZq gn\-\ aW\,*D \WS 3 YS `\4/dYd2Y\ Z*/ 2,*ZO -1WnanVSYS \]\,T/qYS ]`\ aWd3TZO Zq ıada*E b\ +*hSY\E qV ,TZ /+*, ]`\ TZjSfD *V YS WT]j1 `\4dYT2Y\E k\ \4Z*h*pbn aW\,*B w \- 2 Wp+\,x L5 ı,D 8B<E 5:MD 1 a*Y1 ab\ad2bnaq y TZjSf `Sa -\,SE qVT ıada ,Sq,S, a,\^Y dhO ZqYD :E ;D )V `\4,S,*WSaq ,4*2YSZS YT3 *bnO V\Y T SZ\YH <D )V \]\,T/T 4 ,*Z-1WTy /\]\Y*-*pbn Z*Y +TWnj1 /\,T/*bSan ]`\ `SaS *bnV*H

) ı ıË™ &

)V ıada ,T/V`S,*, *bnV* a,\^Y ]1`jSY dhZqY T bSYE fb\ ab*, y\-\ ]\aWT/\,ZSV\Y ]T4ZTj1H TZ `\+S, g1 /,\Y* a]\a\+*YSB a,\^YS ,h1ZZqO YS T /TW*YSD ]1`jd ]\-\,\`TY\ ]`\ b1E h\-\ ıada Z*,h*,D h1ZZq ıada* ,T//41`V*Wp,*WS y\-\ -WS+\V1 `\4dO YTZZq \3Sf /dY\VE ]\hdbbT, T `SaD )V\an ıada ]\`T,Zq, a,\-\ *bnV* /\ /+*yWS,\-\ h\W\,TV*E V\b`Sy Y*2 \b*`d \,1gnD \WS \/Z* \,1hV* -dO +SbnaqE g1y h\W\,TV ,S`dj*2 Z* ]\O jdVSD ıada aV*4*,E k\E 4Z*yj\,jS ^ ^E ,TZ w+d/1 bTjSbSaq 4* Z1^ +TWnO j1E ZT3 4* /1,GqZ\ab\ /1,Gqbn\fE V\bO `T Z1 4*+WdV*WSxD )Vd /dYVd f\bT, /\Z1abS ıadaH TZ ]\qaZS,B w *V a*O Y\ y YTy Z1+1aZSy *bnV\ Z1 +*3*2E *+S 4*-SZd, f\h \/SZ 4 gSf Y*WSfx L *b,D 5<B56P58MD #\ g1y ]`SVW*/ =

=D *M )VSYS /,\Y* a]\a\+*YS ıada ,T/V`SO ,*, dhZqY a,\-\ *bnV*H +M \qaZTbn Z* ]`SVW*/TE qV ıada ,T/V`S,*, *bnV* d a,\^f ,h1ZZqfD

59 ı ) 6>56

-\,\`Sbn Z*Y ]`\ -\,dH )Vk\ TZ\O /T bS ]\hd,*2jaq ZTh\-\ Z1 ,*`bSY *+\ ,aTY* 4*+dbSYE ]*YGqb*yB b,Ty Z1+1aZSy *bnV\ gTV*,Sbnaq T \]TVdO 2bnaq b\+\pD TZ /+*2 ]`\ b1+1 qV ]`\ \/Z\-\ w4 gSf Y*WSfxD 5> *V\3 ıada ,T/V`S,*, *bnV* a,\^YS /TW*YSD \WS *]\ab\W SWS] ]\]`\aS, ıada*B w \V*3S Z*Y *bnO V*xE ,TZ 4YT- ,]1,Z1Z\ ,T/]\,TabSB w b\ +*hS, Y1Z1E b\y +*hS, T *bnV*x Lı,D 58B<E =MD \4-WqZnY\ /1qVT ]`SO VW*/SE qV ıada ,Sq,Wq, `SaS -\,SD /Z\-\ `*4d /\ ıada* ]T/Tyj\, h\W\O ,TVE w,1an dV`SbSy ]`\V*4\pxE T +W*O -*, 4gTWSbS y\-\D \/T ıada b\`VO Zd,aq ]`\V*31Z\-\ T aV*4*,B w \hdD d/n hSabSYxD Ë›gTW1ZSy h\W\,TVE +14 adYZT,dE ]\+*hS, , ıada\,\Yd ,hSZO Vd `dVd -\,S L dVS 9B56E 57MD \WS ]\Y1` *4*`E dhZT ıada* +dWS a,T/V*O YS b\-\E qV ^fZTy dhSb1Wn w-WS+\O V\ 4TbfZd,x T 4 y\-\ w\h1yDDD ]\V\bSO WSaq aWn\4SxD Ë›*,/qVS gn\Yd dhZTE Y*+dbnE 4`\4dYTWSE k\ *bnV\ kS`\ a]T,hd,*2 Wp/qYD \h* Z1,/\,4T ıada 4+S`*,aq ,\aV`1aSbS *4*`qE ,TZE b*V a*Y\ qV `T/ZT y /`d4T ]\Y1`W\O -\E ,T/hd,*, aSWnZSy /dj1,ZSy +TWn Lı,D 55B76P79E 8>P87MD *]1,Z\E b\O +T ]\/\+*pbnaq k1 TZjT +T+WTyZT `\4O ]\,T/T ]`\ 3Sbbq ıada*E qVT ]\V*4dO pbnE Z*aVTWnVS YSW\a1`/ZSY 2 Z*j Z1+1aZSy *bnV\D 55 h\-\ YS ,hSY\aq 4 Tab\`T^ ]`\ b1E qV ıada \hSabS, f`*YH q,S a\+T gp V*`bSZdB ıada `\+Sbn +Sh 4 Y\bdO 4\V T ,S-*Zq2 4 f`*Yd Wp/1yE V\b`T ]`\/*pbn +SVT, b* \,1gnD TZ `\4O aS]*2 Y\Z1bS YTZqWnZSV*Y -`\j1y 5>D )V ıada ,T/V`S,*, *bnV* a,\^YS /TO W*YSH 55D *M #\ ıada ,T/V`S, ]`\ *bnV*E V\WS \hSabS, f`*YH +M \Yd gq `\4]\,T/n ]T/+*O /n\`p2 Z*aH

9

T ]1`1VS/*2 ^fZT ab\WS Lı,D 6B57P5;MD YTWS,T ,hSZVS ıada* Z*-*/*WS y\O -\ dhZqY ]`\`\gb,\E qV1 ,SaW\,S, g*` ˙*,S/B w 1,ZTabn /\ /\Yd ,\y\O -\ 4G^/*2 Y1Z1x L aD :=B5>MD ıada Y*, aSWnZ1 +*3*ZZq 4*fSk*bS ]`*,/SO ,1 ]\VW\ZTZZqD S bS +*hSj d ,hSZO V*f ıada* `SaS -\,SH Sk14-*/*O Z* \]\,T/n ]\V*4d2E k\ \- Z1 WSj1 Y*2 +14Y13Zd aSWd ab1`bS 4W\ 4 WSO gq 41YWTE * y ]*WV\ +*3*2 g1 4`\O +SbSD TjdhT /T^ ıada* /*pbn Z*Y Y\3WS,Tabn dq,SbSE qV ]\hd,*2bnaq *bnV\E /S,WqhSan Z* 4W\E ]\jS`1O Z1 Z* 41YWTD 1y ,S]*/\V /d31 ]T/O ‹ +*/n\`p2 Z*aE V\WS YS 4*4Z*2Y\ Z1O a]`*,1/WS,\abTD 56 ıada ,T//41`V*Wp,*, `SaS -\O ,S T , b\YdE qV ]\,\/S,aq 4T a,\^YS dhZqYSD \ZS h*ab\ a]1`1h*WSanE fb\ 4 ZSf +TWnjSy L *`V* =B77P79C 5>B87C dVS =B8:MD `\,T,jS 4 *bnO ‹ V\Y hSaW1ZZT ,TVSE ıada 4Z*,E k\ -\O ,* /dY*2 ]`\ -\`/Tabn L6 *YD 66B6<C

aD 57<B:MD ˙\ b\-\ 3 ıada +*hS, gp `Sad , *b*ZS ˙Sq,\W*E qVSy 1-\O ^abShZ\ ]`*-Zd, aW*,S T ,S/*bZ\-\ ab*Z\,Sk*D ıada /d31 4*aYdhd,*,O aqE k\ y\-\ dhZT ]\abTyZ\ ,Sq,WqWS b*Vd a*Yd afSWnZTabnD \/T+ZT *Y+TO gT^ Y*WS Z*,Tbn *]\ab\WSB ad]1`1hVS ]`\ b1E fb\ Y*bSY1 +TWnj1 ,W*/SE b\O hSWSaq YT3 ZSYS *3 /\ \ab*ZZn\-\ /Zq ıada\,\-\ 3Sbbq Z* 41YWT L dVS 66B68P6;MD W1 ıada 4 /\+`\b\p ,SO ]`*,Wq, ^f T ZTV\WS Z1 ]\VS/*, Z*/T^E k\ 4`1jb\p ,\ZS Z*,h*bnaq ,T/ Zn\O -\ aYS`1ZZq L SWD 6B9P<MD 57 S b\+T \h1,S/ZT `SaS -\,S , b\YdE qV ıada b1`]1WS,\ /\]\Y*O -*, dhZqY ]\4+dbSaq Z1]`*,SWnZSf afSWnZ\ab1yH S , ıada\,Sf aW\,*f ‹ 56E 57D #\ YS /T4Z*2Y\aq ]`\ -\,d 4 b\O -\E qV ıada ]\,\/S,aq 4 dhZqYSH

:

T ,hSZV*f bS +*hSj *bnV*E qVSy Z1 ]\WSj*2 a,\^f aWd3Sb1WT, ]\]`S b1E k\ ,\ZS h*ab\ ]\YSWqpbnaqH ˛Z*ZO Zq ]`\ \3T `SaS 4*\f\hd2 Z*a kSO `\ V*qbSaq T ]`\aSbS , -\,S ]`\O k1ZZq Z*jSf ]\YSW\VD

˚ ı˙ (˙) & 58 ˙SVb*b\`S TZ\/T Z*Y*-*pbnaq V\Zb`\Wp,*bS Wp/1yE b`SY*phS ^f d Z14Z*ZZT T ]`Sf\,dphS ,*3WS,d TZe\`Y*gTpD * ]`\bS,*-d ^Y ıada \f\h1 /TWS,aq 4Z*ZZqYS ]`\ a,\O -\ *bnV*C ,TZ ,T/V`S,*, Wp/qY b1E k\ ^Y ]\b`T+Z\ +dW\ 4Z*bS ]`\ \O -*D L `\hSb*yb1 *b,Tq 55B6;MD ˙\ b\-\ 3 ıada w4`\+S,DDD `\4dY a,\O ^f dhZT, a]`\Y\3ZSY ]T4Z*bS ]`*,O /S,\-\ \-*x L5 ı,D 9B6>MD #\ g1 \4Z*h*2H ıada /\]\YT- a,\^Y ]\aWTO /\,ZSV*Y \aq-ZdbS b1E h\-\ Z*,h*, ^f ]`\ -\,dD TZ Z1 ]`Sf\,d,*, \a\O +SabTabn \-* 4* 4*,Ta\p b*2YZSh\aO bT T Z1 -\,\`S,E k\ *bnV\ 2 h*abSO Z\p Z14+*-Z1ZZ\^ `TygTD 59 S ıada ,T/V`S,*, Wp/qY da1E k\ 4Z*, ]`\ a,\-\ *bnV*H TD TZ +d, `\4ad/WS,SY d gn\Yd ]Sb*ZZTD L `\hSb*yb1 ı,*Z* 5:B56MD ıada da,T/\YWp,*,E k\ , b\y h*a /Wq y\-\ dhZT, b*VSf 4Z*Zn w+d/1 4*+*-*b\xD /Z*V ,TZ ]\qaZS,E k\ ^Y ,T/V`S2bnO aq k1 hSY*W\ TabSZE V\WS 4Gq,Sbnaq w]\YThZSVxE b\+b\ a,qbSy /dfE T /\O ]\Y\31 w]\,ZTabp 4`\4dYTbS ]`*,O /dx Lı,D 5:B;E 57MD d/`T +*bnVS Z1 `\4]\,T/*pbn /TbqY ]1,Z\^ TZe\`O Y*gT^E /\VS bT Z1 ]\/\`\aWTj*pbnD *V a*Y\ ıada h1V*,E ]\VS y\-\ dhZT ab*Zdbn /df\,Z\ 4`TWSYS T 4Y\3dbn

58D ˛ h\-\ ,S/Z\E k\ ıada \f\h1 ,T/V`S,*, a,\-\ *bnV*H 59D \Yd ıada Z1 `\4]\,T/*, ]`\ *bnV* dan\-\E k\ 4Z*,H

4`\4dYTbS +TWnj1 ]`\ *bnV*D ıada 4,*3*, Z* ^fZT \+Y131ZZqD ı˙ • ˚ ı E ˙ ( ı " ı˛ 5:

\WS bS +WS3h1 4Z*y\YSjaq 4 VSY\an T +*hSjE Z*aVTWnVS ]`S2YO Z\p 2 gq Wp/SZ*E b\+TE Y*+dbnE f\O h1bnaq `\4]\,T/*bS ]`\ Z1^ TZjSYD ıada b*V\3 `\4]\,T/*, Wp/qY ]`\ a,\-\ *bnV* Lı,D 5;B69E 6:MD S Z*Y ]T/ aSWd Z*aWT/d,*bS ıada*H 5; )V YS ,31 4-*/d,*WSE ıada 4Z*, -\,d b*VE qV ZTfb\ TZjSyD TZ 4 -\O b\,ZTabp /TWS,aq 4Z*ZZqYS ]`\ Zn\O -\ T Z*,Tbn /*, a,\^Y dhZqY `\4dYTZO ZqE k\+ ,\ZS Y\-WS -WS+j1 ]T4Z*bS \a\+SabTabn \-*D * ,T/YTZd ,T/ +TWnO j\abT Wp/1yE YS \f\h1 ,hSY\aq , ıadO a* T b\Yd /\+`1 4Z*2Y\ \-*D )VT 3 YS ,/qhZTE k\ a,\^YS ,h1ZZqYS T /TW*O YS SZ ,T/V`S, Z*Y *bnV*I ˛Z*bS -\,d P g1 ,1WSV* h1abnE qV\p Z*Y ,*`b\ ]Sj*bSaq L `1YD =B67C 5 \`D 5B75MD S /\VW*/*2Y\ 4daSWnE k\+ Z*+WS3*bSan /\ -\,SE * ,TZ d a,\p h1`-d Z*+WS3*2bnaq /\ Z*a L)VD 8B<MD ˛*,/qVS gn\Yd YS 4/*bZT ,T/V`S,*bS Wp/qY -\,dD )V g1 `\+SbSH 5< S ]\,SZZT Z*aWT/d,*bS ıada*E ,T/V`S,*phS TZjSY *bnV* a,\^YS aW\,*YS T ,hSZV*YSD *YGqb*yY\E k\ +*-*b\ Wp/1yE qVSf YS 4dab`Th*O 2Y\ , aWd3TZZTE Z1 4Z*pbnE VSY 2 \-D ıfZ2 dq,W1ZZq ]`\ Zn\-\ Z1`T/O V\ ,SV`S,W1Z1 e*WnjS,SYS ,h1ZO ZqYSD \Yd ]\qaZpyY\ Wp/qY Z* \aZ\,T T+WT^E qV1 \- Y*2 TYGqE qV\p ,TZ 2 \a\+SabTabp T , h\Yd ]\Wq-*2 y\-\ Z*YT` k\/\ Wp/ab,*D `TY b\-\E 5:E 5;D ˛*,/qVS h\Yd YS 4/*bZT ,T/V`S,*O bS Wp/qY -\,dH 5<E 5=D \qaZSE qV bS Y\31j ,T/V`S,*bS Wp/qY Z1+1aZ\-\ *bnV*D

59 ı ) 6>56

\+-\,\`pyY\ 4 \/Z\,T`gqYS +T+WTyO ZT `\4]\,T/TE qVT /\]\Y\-WS Z*Y WT]O j1 4`\4dYTbS ]1,ZT `SaS -\,SD *V YS ]T/+*/n\`SY\ Z*jSf +`*bT, T a1ab1`D 5= qV Z*YE ]\/T+Z\ /\ ıada*E ,T/O V`S,*bS *bnV* a,\^YS ,hSZV*YSH \WS , Z*jTy ]\,1/TZgT Wp/S +*O hSbSYdbn `Sab\,d Wp+\,E g1 +dO /1 a]\ZdVd,*bS ^f Z*+WS3*bSan /\ \-* b* ıada* L˚eD 9B5E 6MD ]\ab\W

*,W\ 4*\f\hd2 Z*a Z*aWT/d,*bS y\O -\E qV ,TZ Z*aWT/d,*, `Sab* L5 \`D 55B5MD S Y*2Y\ Y\3WS,Tabn /\]\O Y*-*bS TZjSY ]T4Z*,*bS -\,dE qVO k\ d a,\^f ,hSZV*f ,T//41`V*Wp2Y\ y\-\ `SaSD \3 Z1f*y V\31Z 4 Z*a Z*aWT/d2 ıada*E ,T/V`S,*phS TZjSY *bnV*D

;

˛ ˙ ı ˛ ı ˙ ı w)VSYS ,T//*ZSYSE ]`*,1/ZSYS b* +14O /\-*ZZSYS +dWS YS x L5 ˚ D 6B5>MD

˛ ı ˙

\-\ YS ,hSY\aq T4 4*ab1`13WS,Sf ]`SVW*/T, ˙1WTWSE ,1a*W\Y* T (/S ıaV*`T\b*H

)V Z*Y Z*aWT/d,*bS ,T//*ZTabn •\Z*b*Z* T 1b`*H

)V 4*WSj*bSan ,T//*ZSY ]\/`d3Zn\Yd ]*`bZ1`d T -\,TH

ı & YT3 ˙1WTW\pE ,1a*W\O Y\Y b* (/\p ıaV*`T\b\YH aT ,\ZS ,Sq,SWS Z1,T`ZTabnB ˙1WTW* P h\W\,TO V\,TE qVSy ^^ V\f*,E ad//T *Ya\ZdC ,1a*W\Y P a,\2Yd +*bnV\,TE g*`p ˙*,S/dC (/* P a,\2Yd dhSb1W1,TE ıadad `SabdD ˝*Wp-T/ZT ,hSZVS gSf b`n\f Wp/1y ]`SZ1aWS hSY*W\ +\Wp T Z1k*abqD \Yd 3 gT Tab\`T^ Y*pbn gTV*,SbS Z*aH

#

6 /Z* adh*aZ* ]SanY1ZZSgq 4*4Z*hSW*E k\ 4`*/ZSgb,\ Z*W13Sbn /\ Z*y]\jS`1ZTjSf ]\O `\VT, Z*j\-\ h*adD ı g1 Z*a Z1 /S,d2D \O WS ıada* 4*]Sb*WS ]`\ \4Z*Vd w4*VTZh1ZZq gT2^ aSab1YSxE ,TZ aV*4*,B w *-*b\ Wp/1yDDD +dO /dbn 4`*/3d,*bSDDD \/ZT \/ZSfx L *b,D 68B7E 5>MD ˛`*/3d,*bS P \4Z*h*2 w/TqbS ]T/abd]Z\E ,T`\O W\YZ\C ]1`1f\/SbS Z* +TV ,\`\-*C ]\`djd,*O bS ,T`ZTabn d V\f*ZZTE /`d3+TxD `*V ,T//*Z\abT a,T/hSbn ]`\ b1E k\ YS 3S,1Y\ w, \ab*ZZT /ZTxE V\WSE 4* aW\,*YS *,W*E Wp/S wZ1 ,Sq,WqbSO Ydbn ,T//*Z\abTx T +d/dbn w4`*/ZSV*YSx L6 SYD 7B5E 6E 8MD VZS3V*f b* VTZ\eTWnY*f 4`*/ZSgnO VT ,hSZVS Z1`T/V\ /`*Y*bS4dpbn T 4Y*Wn\,dpbn d `\Y*ZbShZ\Yd /daTD /Z*V d `1*WnZ\Yd 3SbO bT b*VT ,hSZVS 4*,/*pbn Wp/qY -\`q y ab`*3O /*ZnD ˙TyaZ\E 4`*/ZSgb,\ 2 WSf\,TaZ\p \4Z*O V\p Z*jSf h*aT,D 7 )VT d`\VS YS Y\31Y\ ,4qbS 4 +T+WTyZSf \]\O ,T/1y ]`\ bSfE fb\ ,Sq,Wq, Z1,T`ZTabnH )VT ]`SO VW*/S ,T//*Z\abT Z*Y ,*`b\ Z*aWT/d,*bSH \Yd YS Y*2Y\ 4*,3/S +dbS ,T`ZTH `\ g1 ]T/1 Y\,* /*WTD

5P7D *M )V* \4Z*V* a,T/hSbn ]`\ b1E k\ YS 3S,1Y\ , \ab*ZZT /ZTE T k\ \4Z*h*2 4`*/3d,*bSH +M )VT b`S ]SO b*ZZq YS `\4-WqZ1Y\ , gTy ab*bbTH

<

˛ ˚ ˚˝ ı ˙

8

]\h*bVd `\4-WqZnY\ ]`SVW*/ ]T/abd]Z\^ ˙1WTWSE qVd ]\V\f*, ad//q *Ya\ZD TZ Y*, \h\WSbS \3Sy Z*O `\/ d +Sb,T ]`\bS eTWTabSYWqZE T bT ,S`TjSWS ]\4+dbSaq a,\-\ ,\`\-*D

Gqbn eTWTabSYanVSf ,\W\/*`T,E \h1O ,S/Z\E 4Z*WSE k\ ˙1WTW* Z1 2 ,T//*O Z\p *Ya\Z\,TD \Yd 3TZgT 4*]`\]\O Zd,*WS ,1WSV\-\ f*+*`*E k\+ ,\Z* /T4Z*W*anE d h\Yd a1V`1b y\-\ Z*/O 4,Sh*yZ\^ aSWSD \`SaWS,* ˙1WTW* ]`SyZqW* ]`\]\4SgTpE *W1 ^^ a]`\+S `\4V`SbS *Ya\Z\,d b*2YZSgp b`SO hT 4*4Z*WS Z1,/*hTD a1 3 ,\Z* w/\O Vdh*W* y\Yd a,\^YS aW\,*YS ]\ ,aT /ZTE b* Z*]S`*W* Z* Zn\-\xE T 4`1jO b\p w4Z1b1`]1WS,SW*aq /dj* y\-\ Z* aY1`bnxD *Ya\Z 4T4Z*,aqE k\ ZTO V\WS Z1 ]T/ab`S-*, ,\W\aaq T qVk\ 4`\+Sbn g1E b\ ,b`*bSbn a,\p aSO Wd1D \3 ˙1WTW* ]`Sa]*W* *Ya\Z* , a1+1 Z* V\WTZ*f T 4-\WSW* y\Yd ,\W\aaqE * b\/T ,T//*W* Z* ]\b*Wd ,\O `\-*Y L d/D 5:B8E 9E 59P65MD *aVTWnO VS 3*Wp-T/ZSy dhSZ\VI 1`14 a,\p ]\3*/WS,Tabn ˙1WTW* 4`*/SW* h\W\,TO V*E qVSy ^^ V\f*,D 9 b1]1` ]\-\,\`TY\ ]`\ h1ab\O Wp+Z\-\ ,1a*W\Y*D 1`1]\,Z1ZSy *Y+TgTqYSE ,TZ ,S`TjS, 4*f\]SbS ]`1ab\W a,\-\ +*bnV* ˙*,S/*D ]1`O jd ,1a*W\Y wV`*,DDD a1`gq ı4`* ^W1O ,Sf Wp/1yxE ]T/W1kdphSan /\ ZSf fSb`SYS \+TgqZV*YS T Z1kS`SYS ,Sq,*YS ]`SfSWnZ\abTD TZ \+TyY*, 1 ˙31`1W\Y aSWS *Ya\Z* +dW\ Z1 a*Y1 ,\W\aO aqE * \a\+WS,T ,4*2YSZS 4 \-\YE qVT ,TZ Y*, qV Z*4\`1yD ˙\,-1 ,\W\aaq +dW\ \4Z*V\p y\-\ Z*4\O `1yab,*D

8D )V ˙1WTW* 4`*/SW* *Ya\Z* T h\Yd ^ ^ ,hSO Z\V Y\3Z* Z*4,*bS 3*Wp-T/ZSYH 9D *M )V ,1a*W\Y 4`*/S, a,\-\ +*bnV* T k\ ,TZ gSY ]\V*4*,H +M #\ ,T/hd,*, ˙*,S/E V\O WS fTb\e1W ,Sq,S,aq 4`*/ZSV\YH 59 ı ) 6>56

T gTWd,*, T4`* ^WnbqZE ,/*phSE ZT+S gTV*,Sbnaq ZSYS T ]1`1yY*2bnaq ^fO ZTYS ]`\+W1Y*YS L6 *YD 59B6P:MD

,1a*W\Y Z*,Tbn ]1`1bq-Zd, Z* a,Ty +TV fTb\e1W*E +*bnV\,\-\ +WS4nV\O -\ /`d-* T `*/ZSV* L6 *YD 59B75MD 7OYd T 99OYd a*WY*f ˙*,S/ \]SO ad2E qV\-\ +\Wp 4*,/*W* y\Yd 4`*/* L aD 7B6P=C ]`\hSb*yb1 a*W\Y 99B57P59MD VW*,jS ]T/abd]Zd 4Y\O ,d ]`\bS ]\Y*4*Zgq -\,SE ,1a*W\Y ]\V*4*,E k\ 4Z1,*3*2 \3d ,W*/d L5 `D 6<B9MD `1jbT +dZb ]`\,*WS,aqE * ˙*,S/ ]`\/\,3S, V1`d,*bS qV ]`SO 4Z*h1ZSy \-\Y g*`D : ˛-*/*yY\E k\‹ ,T`\W\YZSy (/* 4*]\/Tq, `Sab\,TD \ab*ZZ2 ,T/4Z*O h*phS *afd 4T a,\^YS 56 *]\ab\O W*YSE ıada ]`\Y\,S,B w `*,/d V*3d ,*YB \/SZ 4 ,*a 4`*/Sbn Y1Z1x L *b,D 6:B65MD Z\hT b\-\ 3 /Zq , 1eaSY*ZO anV\Yd a*/d ıada 4,1`Zd,aq /\ 1bO `*E )V\,* y ı,*Z* 4 b*VSYS aW\,*YSB w Ty 4`*/ZSV d31 +WS4nV\xD g1y Y\O Y1Zb , a*/d 4Gq,S,aq (/* 4T a,\^O YS a]TWnZSV*YSE TE w]T/Tyj\,jS ]`qO Y\ /\ ıada*E ,TZ aV*4*,B r˙\+`\-\ /ZqE hSb1WpIs P b* /d31 ZT3Z\ y\O -\ ]\gTWd,*,x L *b,D 6:B8:P9>C dO VS 66B8;E 96MD \`Sab\Wp+ZSy (/* w,S/*, ]`*,1/Zd Wp/SZdxE ıada*E y\-\ ,\`\-*Y dan\-\ WSj 4* 7> a`T+ZqVT,I L *b,D 6;B7P9MD ˛ bSf ]T` TYGq w(/*x ab*W\ ,3S,*bSan d ]1`1Z\aZ\Yd 4Z*O h1ZZT /Wq \]Sad 4`*/ZSV*E 4\V`1Y* b\-\E fb\ 4`*/3d2 +WS4nV\-\ /`d-*1D ; \-\ YS ,hSY\aq 4 gSf 4*ab1`13O WS,Sf ]`SVW*/T,H ,1a*W\Y* T (/d 1 `TY b\-\E Z1`T/V\ ,3S,*pbn ,SaWT, w(/SZ ]\gTWdZ\VxE V\WS -\,\`qbn ]`\ ,hSZ\V Wp/SZSE qV* ]`SV`S,*2 a,\p 4`*/d \+W1aWS,TabpD

:D )V (/* 4`*/S, ıada* T 4 hSY ab*WS ]\,GqO 4d,*bS TYGq gn\-\ h\W\,TV*H ;D \-\ YS ,hSY\aq 4 3Sbbq *M ,1a*W\Y* T (/SH +M ˙1WTWSH

=

1b`\ 4*WSjS,aq ,T//*ZSY \3\Yd ]\Y*4*Z\Yd SZ\,TE Z*,Tbn V\WS TZjT ]\VSZdWS a,\-\ ,hSb1Wq

a]TbV*, -*Z1+ZSy VTZ1gnE +\ ,\ZS 4`*/SWS ]\Y*4*ZgT, -\,S L6 *YD 5<B=E 58P5;C Ë™T^ 5B5<P6>MD ıYGq Ë™1WTO WS +d/1 4*,3/S *a\gTp,*bSaq 4 Z1O ,T`ZTabp T WSg1YT`Z\p Wp+\,Gp L aD 55=B59<MD )V 31 ,*3WS,\ dZSV*bS +d/nOqV\^ afSWnZ\abT /\ h1ab\Wp+abO ,* T ]\3*/WS,\abTE k\+ Z1 abq-ZdbS Z* a1+1 \ad/ -\,SI 1f*y gT ]`\b,1O `14ZT ]`SVW*/S a]\ZdVdpbn Z*a 4*,O 3/S 4+1`T-*bS ,T//*ZTabnD Ë™ ı˙˙ ı <

T+WTq YTabSbn b*V\3 ]`SVW*O /S Wp/1yE qVT ,Sq,WqWS ,T//*ZTabnD Ë›,1`ZTY\ d,*-d Z* /,* b*VSf ]`SVW*O /S T ]\/S,TY\aqE h\-\ YS Y\31Y\ Z*O ,hSbSanD b*`jSy aSZ g*`q *dW*E •\Z*b*ZE +d, ,T//*ZSy Ë™*,S/dD \O h* •\Z*b*Z Y*, +S ]\aTabS b`\Z , ı4O <E =D *M \Yd •\Z*b*Z ]\\+Tgq, +dbS ,T/O /*ZSY Ë™*,S/\,TH +M )V YS Y\31Y\ Z*aWT/dO ,*bS •\Z*b*Z*H

5>

`* ^WTE -\,* \+`*, Z*abd]ZSY g*`1Y Ë™*,S/*D •\Z*b*Z ]\,*3*, `Tj1ZZq \-*C ,TZ Z1 4*4/`S, Ë™*,S/\,T T Z1 ,,*3*, y\-\ a,\^Y ad]1`ZSV\YD w•\O Z*b*Z\,* /dj* 4,Gq4*W*aq 4 /dj1p Ë™*,S/\,\pxE T ,TZ ]\VWq,aq /`d-d d ,T`Z\abTD •\Z*b*Z ]\/*`d,*, y\Yd a,\2 ,+`*ZZqE a,Ty Y1hE WdV b* ]\qa T bSY a*YSY ,j*Zd,*, y\-\ g*`anVSO YS ]\h1abqYS L5 *YD 5<B5P8MD •\Z*O b*Z w4YTgZS, Ë™*,S/* Z* /daTx T Z*O ,Tbn `S4SVd,*, a,\^Y 3SbbqYE V\WS 4*fSk*, y\-\ ]1`1/ *dW\YD 1y ,T/O /*ZSy /`d- aV*4*, Ë™*,S/\,TB w S +dO /1j g*`p,*bS Z*/ ı4`* ^W1YE * q +d/d b\+T 4*abd]ZSV\Yx L5 *YD 6>B7>P78C 67B5:E 5;MD \3 Z1 /S,Z\E k\ ]TaWq •\Z*b*Z\,\^ aY1`bT Ë™*,S/ aVW*, 3*O W\+Zd ]TaZpE , qVTy ,SaW\,S, a,\p aV\`+\bd T Wp+\, L6 *YD 5B5;E 6:MD = •\Z*b*Z 4Z*,E V\Yd aWT/ ,Sq,WqO bS ,T//*ZTabnD TZ ]\,ZTabp ]T/V\O `q,aq a1,W*/Z\Yd \-d -\,T T gTWO V\,Sb\ ]T/b`SYd,*, Ë™*,S/*E \3\-\ ]\Y*4*ZgqD *V a*Y\ T YS \f\h1 ]T/O b`SYd2Y\ ]`S4Z*h1ZSf +`*bT,E qVT +1`dbn a1`1/ Z*a ]`\,T/E Z*,Tbn qVk\ a*YT Z1 \b`SYd2Y\ qVSf\an ]\h1aO ZSf \+\,Gq4VT, L5 1aD 9B56E 57C ,`D 57B5;E 68MD 5> d/\,Sy ]`SVW*/ ]\/*, T *]\aO b\W 1b`\E V\b`Sy 4*a,T/hS, a,\p ,T//*ZTabn ıada\,TD )V\an `Sab\a \+O `*4Z\p Y\,\p ]\qaZS,E Z*aVTWnVS ,*3WS,\ ,Sq,WqbS ,T`d , 31`b,dE qVd ,TZ ]`SZ1a1E V\WS ,T//*abn a,\2 bTW\ T ]`\WW2 a,\p V`\,D *-*bn\f dhZT, \+d`SWS y\-\ aW\,*E T ,\ZS ]\VSZdWS a,\-\ ,hSb1Wq Lı,D :B97P:>E ::MD \/T ıada 4*]Sb*, *]\ab\WT,B w \31E T ,S f\h1b1 ]TbSHx * g1 1b`\ ,T/]\,T,B w \a]\/SE /\ V\-\ YS ]T/1Y\H b1O +1 aW\,* ,ThZ\-\ 3SbbqD S ]\,T`SO 5>E 55D *M \Yd 1b`\ 4*WSj*,aq ,T//*O ZSY ıadadH +M )V Z*Y Z*aWT/d,*bS 1b`*H

WS T ]1`1V\Z*WSanE k\ bS P ,qbSy T ]\aW*ZSy \-\Yx Lı,D :B:;P:=MD S g1 \4Z*h*2E k\ 1b`\ /\+`1 4`\4dO YT, aW\,* ıada* ]`\ y\-\ 31`b,dH *O +dbnE ZTD a1 3 1b`\ `Tjdh1 ]`*-O Zd, 4*WSj*bSan ,T//*ZSY \3\Yd ]\Y*4*Z\Yd SZ\,TD 55 1b`\ Z1 ,,*3*,E k\ ıada Y*2 qVTan fS+ZT ]\-Wq/S T k\ 4 h*a\Y ,TZ da,T/\YSbn g1 b* ]\qaZSbn da1 ]\OZ\O ,\YdD *b\YTabn 1b`\ aYS`1ZZ\ ,SO 4Z*,E k\ ıada Y*2 waW\,* ,ThZ\-\ 3SbbqxD qV bS `1*-d2jE V\WS Z*O b`*]Wq2j d ]d+WTV*gTqf w,T`Z\-\ d]`*,Sb1Wqx Z* /dYVdE qVd aVW*/Z\ 4`\4dYTbS *+\ 4 qV\p ,*3V\ ]\-\/SO bSanH 1b1WnZ\ /\aWT/S gp /dYVdE * Z1 h1V*yE /\VS 4Gq,Sbnaq Z\,1 ]\O qaZ1ZZqE qV1 +d/1 b\+T /\ ,]\/\+SD L `\hSb*yb1 dVS 56B86MD ˛ ˚ ı • ı ı & ˙ ˝ & ˚ ı 56

d/nOqV* 4`*/* 2 \-S/ZSY ,hSZO V\YE k\ `dyZd2 YS` b* 2/ZTabn f`SaO bSqZanVSf aTY1y T 4+\`T,D *YGqb*pO hS ]`\ g1E `\4-WqZnY\E qV 4+1`T-*bS ,T`ZTabn ]\/`d3Zn\Yd ]*`bZ1`d T \O -\,TD 57 \/`d3Zq Z1,T`ZTabn 2 Z*y+\O WphTj\p 4`*/\pD 1`1Wp+ZSV ]\`dO jd2 jWp+Zd \+TgqZVd T ,T//*2 a,\p Wp+\, TZjTy \a\+TD ˛`*/31Z* Wp/SO Z* Z1a]\/T,*Z\ 4*WSj*2bnaq a*Y\bO Zn\pE ^^ 3Sbbq y/1 jV1`1+1`bnD \Yd b*V1 ab*2bnaq , aTYGqfE , qVSf V\O WSan ]*Zd,*W* Wp+\,H *ab\ ,a1 ]\O hSZ*2bnaq 4 b\-\E k\ h\W\,TV T 3TZV* ,T//*Wqpbnaq \/Z1 ,T/ \/Z\-\D `\O e1a\` a\gT\W\-T^ *+`T1WW* d`Z*bd`T ]\qaZp2E k\ w2 ]1`T\/SE V\WS YS f\O h1Y\ *+ab`*-d,*bSan ,T/ ab\adZVT,E 56E 57D \Yd Wp/SZ* Y\31 4`*/SbS a,\-\ ]\/`d3Zn\-\ ]*`bZ1`* T h\Yd ,TV Z1 2 ,SO ]`*,/*ZZqYH

59 ı ) 6>56

4*YTabn b\-\ k\+ *VbS,Z\ ^f +d/dO ,*bSD *Y1 b\/T , 4*VdbV*f Z*j\-\ a1`gq Y\31 4*b* ^bSaq 4`*/*xD *V1 b`*]Wq2bnaq Z*,Tbn 4 bSYSE fb\ ,31 +*-*b\ `\VT, ]`\,T, d jWp+TD `SO YT`\YE \/SZ 9>O`ThZSy h\W\,TVE ]`\O 3S,jS 4T a,\2p ,T`Z\p /`d3SZ\p 69 `\VT,E `\4WdhS,aq T ]Tj\, /\ TZO j\^ 3TZVSD ˙1fb\ YT- +S ]\qaZp,*bS b*VSy dhSZ\V V`S4\p a1`1/Zn\-\ ,TO VdD W1 ,TV Z1 2 ,S]`*,/*ZZqYD *`O b\ Z*4S,*bS `1hT a,\^YS TY1Z*YSB g1 ]T/abd]Z* 4`*/*1D 58 qV -\,* ab*,Sbnaq /\ \aT+E V\b`T ]\VS/*pbn jWp+Z\-\ ]*`bZ1`* +14 +T+WTyZ\^ ]T/ab*,SH \- wZ1Z*,SO /Sbn `\4,T/xD TZ 4*ad/3d2 bSfE fb\ 3\`ab\V\ ab*,Sbnaq /\ a,\-\ ]\/`d3O Zn\-\ ]*`bZ1`* T 4*WSj*2 y\-\D L `\O hSb*yb1 *W*fT^ 6B57P5:MD \/T+O Z\ /\ a,\-\ *bnV*E ıada ,hS,E k\ ZTfb\ Z1 Y*2 ]`*,* T-Z\`d,*bS *+\ ]\VS/*bS Z1,SZZ\-\ ]*`bZ1`* T ]\,\O /SbSan b*VE ZT+S ZTh\-\ Z1 ab*W\aqD L `\hSb*yb1 *b,Tq 5=B7P:E =MD 59 #\ /\]\Y\31 ]\/`d33p 4+1`TO -*bS ,T//*ZTabnH \31 W\,\ V*31B w */Ty h1`14 3TZVd *+\ h\W\,TV* b,\O ^f pZSf WTbx T w˛*3S,*y 3Sbbq 4 3TZO V\p *+\ h\W\,TV\Y E qVd bS V\f*2jx L `S]D 9B5<C ˚VVWD =B=MD \W\,TV T /`dO 3SZ* ]\,SZZT ]`\bq-\Y gTW\-\ 3SbO bq w*VbS,Z\ +d/d,*bS ab\adZVSxE 1Y\O gTyZ\ y eT4ShZ\ ]`S,Gq4d,*bSan \/Z1 /\ \/Z\-\D 1 \4Z*h*2 ,Sq,WqbS d,*-d \/Z1 \/Z\YdE ]`\,\/SbS \/Z1 4 \/ZSY 1 TWnj1 TZe\`Y*gT^ ]`\ b1E qV /\W*bS +TWn 4`*/SE YTabSbnaq , ab*bbT w)V ]1`13SbS ]\/`d3O Zp 4`*/dxE \]d+WTV\,*ZTy d w *`b\,Ty +*jbTx 4* 59 h1`,Zq 6>5> `\VdE ab\`TZVS 6=P76D

58D *M )V -\,* ab*,Sbnaq /\ ]\/`d3Zn\^ 4`*/SH +M #\ ıada -\,\`S, ]`\ ,T`ZTabn d jWp+TH 59D #\ /\]\Y\31 ]\/`d33p 4+1`T-*bS ,T/O /*ZTabnH

55

h*a T 4+WS3*bSan \/Z1 4 \/ZSYD \O W\,TVd y /`d3SZT b`1+* 4 daTf aSW 4YTgZp,*bS a,\2 ]\/`d33q T ab\adZO VS 4 -\,\pD ˙Wq gn\-\ ]*`T Z1\+fT/O Z\ `*4\Y ,S,h*bS T+WTpE `1-dWq`Z\ `*4\Y ]`\]\,T/d,*bS T `*4\Y Y\WSO bSan /\ -\,S ]`\ +W*-\aW\,1ZZqD ˛ " • & ı˙˙ ı 5:

d,*2E k\ hW1ZS 4+\`d ,hSZqO pbn a1`y\4ZSy -`TfE T ^Y /\V\`qO pbn wad,\`\E k\+ ,\ZS +dWS 4/\`\,T d ,T`Tx L Sb* 5B57MD )Vk\ 3 Wp/SO Z* Z1 4YTZp2 a,\2^ ]\,1/TZVSE ^ ^ ,SVWph*pbn 4T 4+\`dD 1`T/V\ b*VT ,Sf\,ZT 4*f\/S /\]\Y*-*pbn /df\,O Z\ \/d3*bS bSYE fb\ +d, wZ*,h1ZSY h1`14 ZSfx L ,`D 56B55MD qV +dbSE V\WS ,SVWph*pbn Z*j\-\ `\/Sh* *+\ +WS4nV\-\ /`d-*H \/T ,S]`\+\,d2bnO aq Z*j* ,T//*ZTabn P ,T//*ZTabn \O -\,TE * Z1 gTy \a\+TD -\,* +*hSbnE hS YS b,1`/\ /\/1`3d2Y\aq y\-\ Z*V*4d 5:E 5;D *M )V Z*j* ,T//*ZTabn \-\,T Y\31 ,S]`\+\,d,*bSaq , aTYG^ hS 4+\`TH +M )VSy ]`SVW*/ ]\V*4d2E k\ ]\aWdf \3\Yd Z*V*O 4d Z1 a]TWVd,*bSaq 4 ,SVWph1ZSYS `\/Sh*O YS ]`SZ\aSbn /\+`T ]W\/SH

56

Z1 a]TWVd,*bSan 4 +d/nOqV\p ,SVWpO h1Z\p \a\+\pD L `\hSb*yb1 5 \O `SZeqZ 9B55P57MD 5; \4-WqZnY\ ]`SVW*/ aTYG^E V\b`* ,T//*Z\ /\b`SYd,*W*an Z*V*4d -\,S Z1 a]TWVd,*bSaq 4 ,SVWph1ZSYS `\O /Sh*YSE T ]\/S,TY\anE qVT /\+`T ]W\/S g1 ]`SZ1aW\D /SZ Y\W\/Sy h\W\,TV +d, ,SVWph1ZSy ]\Z*/ /1aqbn `\VT,D •\-\ +*bnV\E Y*bS T h1b,1`\ +`*bT, w]1`1ab*WS a]TWVd,*bSaqx 4 ZSYD ıZ\O /T g1y h\W\,TV Z*Y*-*,aq ]`\,\/SO bS 4 ZSYS h*aE *W1 V\31Z hW1Z aTYG^ abTyV\ /\b`SYd,*,aq \3\^ ,V*4T,VS k\/\ ,SVWph1ZSfD TaWq ]\Z\,W1ZZq ,TZ ,S4Z*,E k\ y\Yd 4*,3/S +`*VdO ,*W\ `\/SZZ\-\ a]TWVd,*ZZqE \a\+O WS,\ ]\ ,1h\`*fE V\WS ,TZ 4*WSj*,O aq Z* a*Y\bTD k1 ,TZ 4*4Z*hS,E k\ qV+S y\-\ `T/ZT b\/T ]T/b`SYd,*WS 4 ZSY f\h* + qVSyan V\Zb*VbE b\ g1 4*/\,\WnZqW\ + y\-\ ]\b`1+d , a]TWO Vd,*ZZT 4 ZSYSD /Z*V ,\ZS gn\-\ Z1 `\+SWSD \Yd aSWnZ1 +*3*ZZq +dbS 4 `\/SZ\p ab*W\ /Wq h\W\,TV* \/ZT2p 4T a]\ZdV ,T/Z\,SbS a,\^ ,4*2YSZS 4 -\,\pD *YGqb*y ]`\ g1E qVk\ 4TO bVZ1jaq 4T a]\Vda\p ]\`djSbS \O 3Sy Z*V*4 k\/\ a]TWVd,*ZZq 4 ,SO VWph1ZSYS `\/Sh*YSD 5< S 3S,1Y\ , 4`*/WS,\YdE ,T`\O W\YZ\Yd a,TbTD a1 3 d f`SabSqZanO V\Yd 4+\`T 2 hSY*W\ ,T`ZSf +`*bT, T a1ab1`E ]`SVW*/ qVSf Z*Y ,*`b\ Z*O aWT/d,*bSD W*aZSY 3SbbqY ,\ZS /\O ,\/qbn a,\p ,T//*ZTabn T Y\3dbn ,b\O `d,*bS aW\,*Y *,W*B wı ,SE T a*Y \a,T/VS b\-\E qVSYS ,T//*ZSYSE ]`*O ,1/ZSYS b* +14/\-*ZZSYS +dWS YS a1`1/ ,*aE ,T`dphSfx L5 1aD 6B5>MD \3 T /*WT 4*WSj*yY\aq ,T//*ZSYS -\,T b* \/ZT \/ZSYD 5<D #\ bS ]\ab*Z\,S,E `\4-WqZd,jS ]`SO VW*/S ,T//*Z\abT T 4`*/ZSgb,*H

59 ı ) 6>56

˝ ı ı ˚ ˚ w SZd YTyDDD 4Z*y \-*E bgq b,\-\E T aWd3S •\Yd ,aTY a1`g1Y x L5 D 6<B=MD

˛ •˙ ı˙ ı˙& ı ˛ )B

#\ b*V1 aSY,\WThZ1 a1`g1H

)V Z*Y /\aWT/3d,*bS a,\2 a1`g1H

˝˚ h*ab\ -\,\`Sbn ]`\ `T4ZT h*abSZS Wp/anV\-\ bTW* , ]1`1Z\aZ\Yd 4Z*h1ZZTD *]`SVW*/E ]*b`T*`f •\, aV*O 4*,B w *aSWnab,* Z1Y*2 , /\W\Zqf Y\^fxD *` \W\Y\Z 4*4Z*hS,B w˙\+`* 4,TabV* ]T/V`T]Wp2 V\abTxD -\,* 4*]1,ZS, 41VT^WqB w ,1`/TjSY ,T/ aV1WTE 4`\+S, ) h\W\ b,\2xD ˛-*/dphS ]`\ b1E k\ \- hd2 Y\WSb,S a,\^f aWd3Sb1WT,E *]\aO b\W 1b`\ Z*]Sa*,B w df* y\-\ ]`SaWdf*pbnO aq /\ ^fZTf +W*-*Znx L•\,* 5:B5;C `S]D 59B7>C 41VD 7B=C 5 1bD 7B56MD 6 W1 \/Zd h*abSZd bTW* , aSY,\WThZ\Yd a1ZO aT \31 W\,\ 4-*/d2 Z*yh*abTj1D `\ Z1^ d a,\^y ]*WVTy Y\WSb,T ZZ* aV*4*W*B w˛,1a1WSO W\aq \a]\/\Y a1`g1 Y\2x L5 *YD 6B5MD T+WTyZT ]SanY1ZZSVS ,3S,*pbn aW\,\ wa1`g1x +WS4nV\ bSaqhT `*4T, T Y*y31 4*,3/S , ]1`1Z\aZ\Yd 4Z*h1ZZTD *Y ,*3WS,\ `\4dYTbS 4YTab gn\O -\ aW\,*E \aVTWnVS T+WTq 4*\f\hd2 Z*a \+1`TO -*bS a,\2 a1`g1D L `\hSb*yb1 `S]\,Tab1y 8B67MD

# ˚ ı ˚ ˚ ˚ 7

#\ /\]\Y\31 Z*Y T /*WT aWd3SbS -\,T gTWSY a1`g1YH

\h* T+WTq Z1 /*2 b\hZ\-\ ,S4Z*h1ZZq aW\O ,d wa1`g1xE ,\Z* /\]\Y*-*2 Z*Y 4+*-ZdbS y\-\ 4YTabD )VH 1 ,S/Z\ 4 \/Z\-\ ]`SVW*/dD q,SE k\ bS 4+WS4nV* `\4-Wq/*2j abTZdE \4/\+W1Zd ,SjdV*Z\p Y\4* ^V\pE qV* aVW*/*2bnaq 4 bSaqh `1b1WnZ\ ,SVW*/1ZSf V*YTZgT,D \WS bS ,T/f\O /Sj Z*4*/E b\ +*hSjE qV /`T+ZT V*YTZgT `*4\Y 5E 6D *M )V* h*abSZ* bTW* Z*yh*abTj1 4-*/d2bnaq d T+WT^ , ]1`1Z\aZ\Yd 4Z*h1ZZTH +M \Yd ,*3WS,\ `\4dO YTbSE k\ b*V1 aSY,\WThZ1 a1`g1H 7D #\ /\]\Y\31 Z*Y 4`\4dYTbSE , qV\Yd 4Z*h1ZZT T+O WTq ,3S,*2 aW\,\ wa1`g1xH *,1/Tbn ]`SVW*/D

57

db,\`ppbn \/Zd ,1WSVd V*`bSZdD

\/T+Z\E qVk\ `\4-WqZdbS hSaW1ZO ZT ,S]*/VS ,3S,*ZZq aW\,* wa1`g1x d T+WT^E b\ Y\3Z* ]\+*hSbS gTWd ‹ V*`bSZd T 4`\4dYTbSE k\ Y*2bnaq Z* d,*4T ]T/ gSY aW\,\YD b31E k\ 3 b*V1 wa1`g1xH 8 SanY1ZZSVS T+WT^ ,SV\`Sab\O ,d,*WS aW\,\ wa1`g1xE k\+ \]Sa*bS b1E VSY Wp/SZ* 2 ,a1`1/SZTD •/1bnO aq ]`\ Z*jT +*3*ZZqE a]\ZdVSE gTO WTE /dYVSE f*`*Vb1`E ]\-Wq/SE 4/T+O Z\abT b\k\D L `\hSb*yb1 SfT/ 79B65C \,b\`1ZZq ˛*V\Zd 59B;C ˙T^ 6B6:MD )V 4*4Z*h*2 \/SZ /\O ,T/ZSVE aSY,\WThZ1 a1`g1 P wg1 ,1an ,Zdb`TjZTy a,Tb Wp/SZSxD W1 , /1O qVSf ,S]*/V*f aW\,\ wa1`g1x Y*2 ,d3h1 4Z*h1ZZqD *]`SVW*/E ıada aV*4*,B w p+S -\,dE \-* a,\-\E ,aTY a1`g1YE ,aT2p /dj1p T ,aTY `\O 4dY\Yx L *b,D 66B7;MD db wa1`g1x ab\ad2bnaq 1Y\gTyE ]`*-Z1Zn b* \a\O +SabSf ]\hdbbT,D ˛-*/*,jS a1`g1 `*4\Y 4 /dj1p T `\4dY\YE ıada Z*-\O W\aS,E k\ Z*Y aWT/ ,S`*3*bS Wp+\, /\ \-* a,\^YS ]\hdbbqYSE a]\a\+\Y 3Sbbq T YSaW1ZZq Lı,D 5;B7C ˚eD :B:MD \WS 3 g1 aW\,\ ,3S,*2bnaq a*Y1 ]\ a\+TE ,\Z\ ,V*4d2 Z* ,Zdb`TjZTy a,Tb Wp/SZS 4*-*W\YD

˚ ı˙ ˚ ı ˚ ˚ 9

)V\an g*` ˙*,S/ Z*-*/*, \W\O Y\Z\,TB w SZd YTy \W\Y\Z1E 4Z*y \-*E bgq b,\-\E T aWd3S •\Yd ,aTY a1`g1Y b* ,aT2p /dj1pE +\ \a]\/n ,S,T/d2 ,aT a1`gq b* 4Z*2 ,aqVSy ,SO b,T` /dY\Vx L5 `D 6<B=MD -\,* /\aWTO 8D *M #\ b*V1 wa1`g1xH +M )V1 4Z*h1ZZq Y*pbn ıada\,T aW\,* 4 *b,Tq 66B7;H 9D \Yd bS f\h1j aWd3SbS -\,T gTWSY a1`g1YH

58

/3d2 ,aT a1`gqE , b\Yd hSaWT b,\2 L `S]D 5;B7C 65B6MD 1E k\ ,TZ +*hSbn d b,\2Yd a1`gTE ,]WS,*2 Z* b,\^ ab\O adZVS 4 ZSY T b,\2 Y*y+dbZ2D \Yd /d31 ,*3WS,\ aWdf*bSan Z*bfZ1Z\^ ]\`*/S ˙*,S/* T aWd3SbS -\,T ,T/ dan\-\ a1`gqD : VbS,Z\ a]T,]`*gpphS 4 \3SY Z*`\/\YE YS ]\V*4d2Y\E k\ ]`*-O Z1Y\ aWd3SbS -\,T gTWSY a1`g1YD \/Z\h*a Z*Y ,*`b\ ]*YGqb*bSE k\ 4WSy a,Tb *b*ZS T ,W*aZT -`TjZT afSWnZ\abT Y\3dbn ]\aW*+SbS Z*O jd `TjdhTabn kS`\ aWd3SbS \-d L `1YD 5;B=C ˚eD 6B6MD #\+ Z1 ,b`*O bSbS +*3*ZZq ]\VW\ZqbSaq -\,T y 4*WSj*bSan ]SWnZSYSE YS Y*2Y\ ]\abTyZ\ /\aWT/3d,*bS a,\2 a1`g1D )V g1 `\+SbSH ; *j ,Zdb`TjZTy a,Tb ]`Sf\,*O ZSy ,T/ ab\`\ZZTf \h1yE b*V a*Y\ qV a1`g1,SZ* /1`1,* Z1,S/SY* /Wq WpO /SZSD a1 3 d *-T`ZTy ]`\]\,T/T ıada 4*4Z*hS,E k\E ]\/T+Z\ qV /1`1O ,\ `\4]T4Z*pbn ]\ ]W\/*fE ab*Z Z*O j\-\ a1`gq ,S/Z\ 4 Z*jSf dhSZVT, L *b,D ;B5;P6>MD \4-WqZnY\ \/SZ ]`SVW*/D ) ˙ ı˙ ˚ ˚ <

*ZTj1 , gTy a*YTy ]`\]\,T/T ‹ ıada aV*4*,E k\ a,T/hSbSY1 ]`\ Z*O j1 +*3*ZZq kS`\a1`/\ aWd3SbS -\,TD TZ ]`\Y\,S,B w b31E T /*WT jdV*yb1 Z*y]1`j1 g*`ab,* T \3\^ ]`*,1/Z\abTE * ,a1 b1 TZj1 ,*Y /\O /*abnaqx L *b,D :B77MD 1E k\ YS ab*O ,SY\ Z* ]1`j1 YTag1 , 3SbbTE qaVO :D T/ h\-\ 4*W13Sbn Z*j1 +*3*ZZq aWdO 3SbS \-\,TH ;D #\ a,T/hSbn ]`\ ab*Z Z*j\-\ a1`gqH <D )VE 4-T/Z\ 4 ıada\,SYS aW\,*YS 4 *bO ,Tq :B77E YS ]\V*31Y\E hSY Z*]\,Z1Z1 Z*O j1 a1`g1H

`*,\ ]\V*4d2E qVT +*3*ZZqE /dYVS T ]W*ZS Z*]\,Zppbn Z*j1 a1`g1D \3 1e1VbS,ZSy a]\aT+ ]1`1,T`SbSE hS YS aWd3SY\ \-\,T gTWSY a1`O g1YEP g1 ]`\*Z*WT4d,*bS a,\^ ]`T\O `Sb1bSD = 1,/\,4T ]TaWq b\-\E qV ıada Z*O abTyZ\ ]\`*/S, a,\^Y ]\aWT/\,ZSO V*Y wT /*WT jdV*bS Z*y]1`j1 g*`abO ,*xE ab*,aq \/SZ ,S]*/\VD TZ /\+`1 TWpab`d2E qV Z*jT ]`T\`Sb1bS a,T/O h*bn ]`\ ab*Z Z*j\-\ a1`gqD SanO Y1ZZSV ,*Z-1WTq dV* -\,\`SbnE k\ ıada wb,1`/\ ]\ab*Z\,S, TbS ‹ , `da*WSYxE f\h* 4Z*,E k\ b*Y h1O V*2 Z* Zn\-\D \WS ıada 4 *]\ab\W*O YS w+dWS , /\`\4TxE ,TZ 4dab`T, VTWnO V\f Wp/1y T 4*\f\bS, ^f ab*bS y\-\ dhZqYSD T Wp/S +dWS -\b\,T ]`SO yZqbS ıada\,1 4*]`\j1ZZqE *W1 4* ]1,ZSf dY\,D /SZ h\W\,TV ]\]`\O aS,B w˙\4,\Wn Y1ZT a]\h*bVd ]TbS y ]\f\,*bS a,\-\ +*bnV*xD ıZjSy ]`\O Y\,S,B w) ]T/d 4* b\+\pE \a]\/SE *W1 /\4,\Wn Y1ZT a]\h*bVd ]\]`\O k*bSaq 4T a,\^YS /\Y*jZTYSx L dVS =B95E 9;P:5MD )V* 3 `*4ph* `T4ZSO gq YT3 b,1`/SYE Z1]\fSbZSY `Tj1ZO ZqY ıada* T Y*W\/djZTabp bSf h\W\O ,TVT,I \ab*,S,jS \a\+SabT ]Sb*ZZq ,Sk1 ,T/ a]`*, *`ab,*E ,\ZS ]\V*O 4*WSE k\ Z1 f\bTWS aWd3SbS \-\,T ,aTY a1`g1YD 5> * ,T/YTZd ,T/ bSf Wp/1yE qVT ZT+Sb\ f\bTWS +dbS ıada\,SYS dhO ZqYSE YS ]`SyZqWS 4*]`\j1ZZq `Sab* ab*bS y\-\ ]\aWT/\,ZSV*YS T /1Zn d /1Zn aWd3SY\ -\,TD *V ‹ YS ]\V*4d2Y\E k\ ,T/hd,*2Y\ /\

-\,SD ,bTYE aWT/ ]*YGqb*bSE k\ Z*j1 a1`g1 Y\31 +dbS , Z1+14]1O gTE Z*,Tbn qVk\ YS *VbS,ZT d 4+\`TD

`\ qVd Z1+14]1Vd y/1bnaqH `\4O Y\,T 4 ,Sk14-*/*ZSYS h\W\,TV*YS ıada 4*4Z*hS,B w˝\/Z* Wp/SZ*E qV* ]\VW*W* `dVd Z* ]Wd- b* \-Wq/*2bnO aq Z*4*/E Z1]`S/*bZ* /Wq \3\-\ g*`ab,*x L dVS =B:6MD \-\ YS ,hSO Y\aq 4 gn\-\ Z*\hZ\-\ ]`SVW*/dH

=D ˛ qVSY 4*]`\j1ZZqY ıada 4,1`Zd,aq /\ h\W\,TVT, T ]`\ k\ a,T/hSW* ^fZq `1*VgTqH

55D )V ]`*gp,*, ]Wd-*b*` 4 ıada\,\-\ ]`SVW*/d T h\YdH

5>D *M )V YS ,T/`1*-d,*WS Z* 4*]`\j1ZO Zq ıada* ab*bS y\-\ ]\aWT/\,ZSV*YSH +M )VSy Z*\hZSy ]`SVW*/ Z*,T, ıadaH

56D )Vd ]*`*W1Wn Y\3Z* ]`\,1abS YT3 ]Wd-*b*`1Y 4 ıada\,\-\ ]`SVW*/d T /1qVSO YS f`SabSqZ*YSH

59 ı ) 6>56

w ˚" ) ˙ ˙ xH 55

#\+ WT]j1 4`\4dYTbS Z*\hZSy ]`SVW*/E qVSy Z*,T, ıadaE /\/*Y\ /\ Zn\-\ /1qVSf +*`, T /1b*W1yD

Wd-*b*` d ]\bT h\W* \`1 41YWpD /Z*V ,TZ ]\abTyZ\ /dY*2 ]`\ /TYE /`d4T,E ^3dE Yd4SVdE aYTf T ,T/]\O hSZ\V d ]`\f\W\/TD a1 g1 ,*+Sbn y\-\D \W\,TV d31 \+`\+S, ,1WSO Vd /TWqZVd 41YWTE *W1 y\-\ ]`*-O Z1ZZq ab*pbn Z*abTWnVS Z14/\W*ZO ZSYSE k\ ,TZ w\-Wq/*2bnaq Z*4*/xD #1 b*V +*-*b\ ]\Wq b`1+* 4\`*bSE b* /dYV*YS ]Wd-*b*` /d31 /*W1V\E T g1 ]\4Z*h*2bnaq Z* y\-\ `\+\bTD ˛,Sh*yZ\E -\a]\/*` Z14*/\,\W1ZSy bSYE k\ y\-\ ]`*gT,ZSVd +`*Vd2 Z*]\W1-WS,\abTD 56 \/dY*yY\ ]`\ aSbd*gTpE qV* Y\31 b`*]SbSaq an\-\/ZTD Wd-*O b*` ]`1/ab*,Wq2 +d/nOqV\-\ f`SaO bSqZSZ*E V\b`\Yd 4/*2bnaqE k\ ,TZ da1 `\+Sbn ]`*,SWnZ\E *W1 Z*a]`*,O /T ]1`1+d,*2 , /df\,ZTy Z1+14]1gTD

`SYT`\YE dq,TY\ a\+T +`*b*E qVSy 2 *VbS,ZSY ]`\]\,T/ZSV\Y T `1-dWq`O Z\ ,T/,T/d2 4T+`*ZZqD \/Z\h*a ,TZ T /*WT /dY*2 ]`\ a,TbanVT ]`SZ*/S

59

E # ( & "˚ ˚ ˚

˙Wq b\-\ k\+ Z*j1 +dV,*WnZ1 a1`g1 +dW\ 4/\`\,SYE YS Y*2Y\ ,3S,*bS ]1,ZSf 4*f\/T,D 1 a*Y1 Y\3O Z* aV*4*bS ]`\ aSY,\WThZ1 a1`g1D \4-WqZnY\ b`S ,*3WS,T hSZZSVSE qVT a]`Sqpbn /df\,Z\Yd 4/\`\,GpD

1

*`hd,*ZZqD b*Z Z*O j\-\ eT4ShZ\-\ a1`gq 4*W13Sbn ,T/ /\ab*bZn\^ VTWnV\abT ]\3S,ZSf `1h\,SZD \/T+Z\ ab*Z Z*j\-\ /df\,Z\-\ a1`gq 4*W13Sbn ,T/ b\-\E hS YS \b`SYd2Y\ ,/\ab*Wn /df\,Z\^ ^3T h1`14 `1-dWq`Z1 \a\+Sab1 ,S,h1ZZqE `\4/dYS T ,T/,T/dO ,*ZZq 4T+`*Zn L aD 5B5E 6C `S]D 59B6<C ,`D 5>B68E 69MD

2

]`*,SD #\+ Z*j1 +dV,*WnZ1 a1`g1 +dW\ 4/\O `\,SYE y\Yd h*a ,T/ h*ad Z1\+fT/Z1 eT4ShZ1 Z*,*Zb*31ZO ZqD *V a*Y\E qVk\ YS +1`1Y\ `1,Zd dh*abn d ]`*gT ]`\]\,TO /d,*ZZqE aV*3TY\ /\VW*/*2Y\ 4daSWnE k\+ `\4jS`SbS aWd3TZO ZqE g1 a]`Sq2 4/\`\,Gp Z*j\-\ aSY,\WThZ\-\ a1`gq L dVS 57B68C SWD 7B56MD

3SbbqE qVT ,*+Wqbn y\-\ a1`g1D \O ]`S b1E k\ g1y +`*b d31 Z1 \/SZ `TV ]`\,T, d aWd3TZZTE 4 h*a\Y y\-\ ]`*-Z1ZZq ab*pbn Z*abTWnVS Z14/\O W*ZZSYSE k\ ,TZ w\-Wq/*2bnaq Z*O 4*/xD #1 b*V +*-*b\ `\+\bS 4*WSO j*2bnaq , aWd3TZZTE *W1 +`*b Z1 b`SY*2bnaq YTgZ\ waW\,* 3SbbqxE T g1 ]\4Z*h*2bnaq Z* y\-\ b1\V`*O bShZTy /TqWnZ\abT L SWD 6B5:MD -\O ,*E w \a]\/*` 3ZS,*xE 4*aYdhd2bnaqE qVk\ V\Ydan 4 y\-\ `\+TbZSVT, +`*O Vd2 ,Sb`S,*W\abT L dVS 5>B6MD 57 `\V 4`\4dYTWSyD Wd3SbS \O -\,T gTWSY a1`g1Y P \4Z*h*2 Z1 WSO j1 `1-dWq`Z\ ,T/,T/d,*bS 4T+`*ZZq T +`*bS *VbS,Zd dh*abn , aWd3TZO ZT L6 `D 69B5E 6E 6;MD )Vk\ , -WSO +SZT a1`gq f`SabSqZSZ w\-Wq/*2bnO aq Z*4*/xE b\+b\ k\an d a,TbT y /*WT ]`S,*+Wp2 y\-\E b\ ,TZ `S4SO Vd2 ,b`*bSbS af,*W1ZZq \-* L dO VS 5;B76MD S +d/1Y\ ]`S/*bZT w/Wq \3\-\ g*`ab,*x WSj1 b\/TE V\WS a]`*,/T w,T/hd,*2Y\ \-S/d /\ 4W*x 57D #\ \4Z*h*2 aWd3SbS -\,T ,aTY a1`O g1YH

5:

3

b\h1ZZqD *Y /\,\O /Sbnaq 3SbS T ]`*gp,*bS , \b\h1ZZT +14+\3ZSf Wp/1yE k\ aSWnZ\ ,]WS,*2 Z* Z*j1 +dV,*WnZ1 b* aSY,\WThZ1 a1`g1D /Z*V YS Y\31Y\ ]\O aW*+SbS g1y ,]WS,E qV\Y\-* h*abTj1 a]TWVdphSan 4 \/Z\O ,T`gqYSE V\b`T kS`\ /+*pbn ]`\ Z*a T gTWSY a1`g1Y aWdO 3*bn \-\,T L aD 55=B:7C `S]D 57B6>MD

T w-\`Z1Y\aq /\ /\+`*x L dVS =B:6C

SYD 56B=MD \3Z\Yd 4 Z*a b`1O +* ,]1,ZqbSaqE k\ 3\/Z* ]`SZ*/* a,Tbd *b*ZS P f\h +S qV\p ]`SO 2YZ\p b* ]`S,*+WS,\p ,\Z* ,S/*O ,*W*an P Z1 ]1`1jV\/3*2 Z*Y kSO `\a1`/\ a]`SqbS a]`*,*Y *`ab,* L6 \`D 55B58C ]`\hSb*yb1 SWSO ]GqZ 7B57E 58MD ˛ ˝˙ & •I 58

p+\, /\ -\,S a]\ZdV*W* Z*a ]`Sa,qbSbS a1+1 y\YdD T/b\/T +*-*O b\ ,TaZSVT, d31 `\V*YS /\,\/qbnE k\ a]\,Z1ZT `Tjdh\abT aWd3SbS -\,T gTWSY a1`g1YD W1 *b*Z* Z1 ,T/abdO ]*2 ,T/ Z*aC y\-\ -\W\,Z\p YTj1ZZp 2 Z*j1 a1`g1 L˚eD :B56MD ˛,TaZ\E ,TZ da,T/\YWp2E k\ YS ]`\ab\ b*V Z1 ,T/Y\,SY\aq ,T/ -\,SD \3 *b*Z* fSb`\ ,SV\`Sab\,d2 wgp aSab1YdxE k\+ ]\abd]\,\ ]\aW*+SbS Z*jd `1,O ZTabn d aWd3TZZT \-\,TD L `\hSb*yO b1 *`V* 8B5<E 5=MD \Yd g1y Y1b\/ *b*ZS b*VSy 1e1VbS,ZSyH 58E 59D *M )V *b*Z* Z*Y*-*2bnaq ,WdhSO bS , Z*j1 a1`g1H +M \qaZTbn Z* ]`SVW*/TE h\Yd Y1b\/ *b*ZS b*VSy Z1+14]1hZSyD

59

q,SE k\ ,,1h1`T bS hSb*2j VZS3Vd ]`S a,TbWT W*Y]SE *3 `*]O b\Y ,\Z* ]1`1-\`q2D ]SZS,jSan d b1Y`q,TE bS ,T/`*4d `\4dYT2jE k\ b`*]SW\aqE T 4*YTZp2j 5>>O,*bZd W*Y]\hVd Z* b*Vd a*YdD VTYZ*O bT 4Z\,d a,TbW\D *abd]Z\-\ ,1h\`* bS ]`\/\,3d2j hSb*bS VZS3VdD /O Z*V ]1`1/ bSY fb\an ]\YTZq, Z\O ,d 5>>O,*bZd W*Y]\hVd Z* =9O,*bZdD S bS ]\YTbSj `T4ZSgpH *+dbnE ZTD

k\E V\WS Z*abd]Z\-\ /Zq fb\an ,V`dhd2 =>O,*bZd W*Y]\hVdH V\O `Tj 4* ,a1E bS 4Z\,d Z1 ]\+*hSj `T4O ZSgTD \YdH )aV`*,Tabn a,TbW* 4Y1ZO jd2bnaq ]\abd]\,\E b\Yd bS ZTh\-\ Z1 ]\YTh*2jD *V a*Y\ a,Tb *b*O ZS Y\31 ]\,\WT ]\aW*+Wp,*bS Z*jd 5>>O,T/a\bV\,d `1,ZTabn d aWd3TZZT -\,TD `SabSqZSZE qVSy Z1 ]SWnO Zd2E Y\31 Z*,Tbn Z1 ]\YTbSbSE k\ y\-\ 4*]\]*/WS,Tabn 4-*a*2 L *b,D 68B86C 5 1bD 9B<MD • ˝ ) 5:

)V Z*Y \+1`T-*bS a1+1 ,T/ WdV*O ,Sf 4*/dYT, *b*ZS T aWd3SbS -\,T gTWSY a1`g1YH L6 \`D 6B55MD V`*y ,*3WS,\ Y\WSbSaqD *,W\ `*/S, \/O Z\,T`gqYE qV w,Sab\qbS ]\]`S fSbO `\kT ˙Sq,\W*xD TZ ]Sa*,B w `S V\3O ZTy Z*-\/TDDD 4,1`b*yb1aq /\ \-* 4 daTWqVSYS Y\WSb,*YS y +W*-*ZZqO YSx L˚eD :B55E 5<C 5 1bD 8B;MD 5; #\+ ,Sab\qbS ]\]`S fSb`\kT *b*ZSE Z*Y ]\b`T+Z\ `1,Z\ Y\WSO bSanE qV g1 `\+S, ıadaD •\-\ Y\WSb,S a,T/hSWS ]`\ b1E k\ ,TZ +d, gTWSY a1`g1Y ,T//*ZSy -\,TD dV* \]Sad2E qV ıada 4,1`b*,aq /\ \-* , \ab*ZZTy ,1hT` ]1`1/ a,\2p aY1`bpB w Z1O 5:D )V Z*Y \+1`T-*bS a1+1 ,T/ WdV*,Sf 4*O /dYT, *b*ZSH 5;D \-\ YS ,hSY\aq 4 ıada\,Sf Y\WSb\,H

59 ı ) 6>56

ab1`]ZSf YdV*f ıada ]`\/\,3d,*, k1 ]*WVTj1 Y\WSbSaqx L dVS 66B88MD ıada T `*ZTj1 ,SWS,*, a1`g1 -\,TE *W1 , b\y /1ZnE 4TbVZd,jSan 4 Z*yO ad,\`TjSY ,S]`\+d,*ZZqYE ,TZ Y\O WS,aq wk1 ]*WVTj1xD ı \- ]\hd, y\-\ Y\WSb,dD ˛ ıada\,\-\ ]`SVW*O /d ,S/Z\E k\ /1qVT Y\WSb,S Y\O 3dbn +dbS ]*WVTjSYSE ZT3 TZjTD bO 31E hSY ,*3h1 Z*j1 ,S]`\+d,*ZZq T hSY ]T/abd]ZTjT Y1b\/S *b*ZSE bSY Z*]\W1-WS,Tj1 YS ]\,SZZT ]`\O aSbS , -\,S 4*fSabdD 5< qV `1,ZT Y\WSb,S /\]\Y\O 3dbn Z*YH *,W\ 4*4Z*hS,B w˛*,3O /S 4 +d/nOqVSYS ]`\f*ZZqYS 4,1`O b*yb1an d Y\WSb,*f T +W*-*ZZqf /\ \-*E ,Sq,WqphS y\Yd b*V\3 ,/qhO ZTabnD \/T \3Sy YS`E qVSy Z1O Y\3WS,\ 4+*-ZdbS `\4dY\YE +1`1-O bSY1DDD ,*jT a1`gqx L SWD 8B:E ;MD #\+ gTWSY a1`g1Y aWd3SbS -\,TE Z*Y b`1+* `1-dWq`Z\ T kS`\ Y\WSO bSan L dVS :B56MD \Yd 4*]Sb*y a1O +1B w)V h*ab\ T qV `1,Z\ q Y\WpanHx L *b,D ;B;C SYD 56B56MD T/,1`b* ,T/O ]\,T/n ]\V*31E Z*aVTWnVS -WS+\VSY 2 b,\2 +*3*ZZq aWd3SbS \-\,TD 5= )V YS ]\+*hSWSE Z*jT ]`T\`SO b1bS , 3SbbT ,Sq,Wqpbn ab*Z Z*j\O -\ a1`gqD 1f*y b1E k\ YS 4*WSjSWS ]\4*/dE hS fSb`T 4*/dYS *b*ZS Z1 \aW*+Wqbn Z*j\^ `Tjdh\abT aWd3SO bS -\,T ,aTY a1`g1YD L `\hSb*yO b1 dVS 65B5=E 78P7:MD \/T+Z\ /\ ˙*,S/*E Z1,]SZZ\ +W*-*yY\ -\,dB w˙\]\Y\3S Y1ZT gTWSY a1`g1Y +\qO bSaq b,\-\ TY1ZTx L aD <:B55E MD 5<D *M )V1 ]Sb*ZZq ab\a\,Z\ Y\WSb\, ,*`b\ a\+T ]\ab*,SbS T h\YdH +M #\ ,]WSO ,*2 Z* Z*j1 a1`g1 T qVSY hSZ\YH L˙S,San `*YVd Z* ab\`TZgT 5:MD 5=D )V b\+T y /*WT aWd3SbS -\,T gTWSY a1`g1YH

5;

TY/1aqb `\VT, q b`SY*pan w4* ]\Wd p/1qx ˛ ı

˚ ˙ ı

]T/WTbV\,T `\VS Y1Z1 ,`*4SWS /,* d`S,VS 4 T+WT^D ıE f\h* ]`\yjW\ ]\Z*/ aTY /1aqbSWTbnE q ,a1 k1 ]`S-*/dp b\y h*aE V\WS 4`\4dYT, 4Z*h1ZZq aWT, 4 ˛*f*`Tq <B67D *Y -\,\`SbnaqE k\ w/1aqbn Yd3T,xE b`SY*phSan w4* ]\Wd p/1qxE ]`\Y\,Wqpbn /\ Zn\-\B w \/TY\ 4 ,*YSE +\ YS hdWSB \- 4 ,*YSIx w(˙˚•x 4\+`*3*2 ]\Y*4*ZSf /df\Y f`SabSqZE * w/1aqbn Yd3T,x P wTZjSf \,1gnxE *+\ w•\Z*/*O ,T,xE qV ^f Z*4S,*WS , b\y h*a1 Lı,*Z* 5>B5:MD ˛+*-Zd,jS gp TabSZdE q da,T/\YS,E k\ a]\,O Z1ZZq Y\2^ Z*/T^ 3SbS ,ThZ\ Z* 41YWT 4*W13*O bSY1 ,T/ b\-\E Z*aVTWnVS ,T//*Z\ q +d/d ]T/b`SO Yd,*bS ]\Y*4*ZgT,D *V\3 Z* Y1Z1 a]`*,SW* ,`*31ZZq ]`Sbh* ıada* ]`\ w\,1gnx T wV\4WT,x 4 *b,Tq 69B75P8:D gTy ]`SbhT w,T,gTx aSY,\WT4dpbn bSfE fb\ \b`SO Y*2 af,*W1ZZq ,T/ ıada* , h*a VTZgqD ˛/\+dbS W*aVd `Sab* ,\ZS 4Y\3dbn 4*,/qVS b\YdE k\ `\+Wqbn /\+`\ ıada\,SY ]\Y*4*ZSY +`*b*YE qVT k1 3S,dbn Z* 41YWTD )V Y\W\/Sy •\Z*/*,E q aV*4*, a\+TB w 1\Z*`/1E qVk\ bS +*3*2j +dO bS , \h*f `Sab* r,T,g1psE b\ YdaSj ]T/b`SYdO ,*bS y\-\ ]\Y*4*ZSf +`*bT, T ]T/V\`qbSaq ^fO Zn\Yd ]`\,\/dE +\ 4 ZSYS \-xD \4dYTZZq gn\-\ ,31 ]\Z*/ aTY/1aqb `\VT, ,]WS,*2 Z* Y\2 3SbbqD w

) ) &Hx

5=69 `\gT Y\q Y*Y* ]`SyZqW* f`1k1ZO Zq d ,1WSV\Yd 4*WT ]\`dh 4 1b1W1YD 1y 4*WE 1 ˛Z*h1ZZq aW\,* w•\Z*/*,x ]\qaZ1Z\ d w *`b\,Ty +*jO bTx 4* 5 aThZq 5==< `\VdE ab\`TZV* 57E *+4*gS 9E :E * b*V\3 d VZS4T w ,T/VS -\,S P ,TaZSVS \3\-\ *`ab,*xE ab\`TZO VS <7E 5:9E 5:: L`\aDMD

5<

qVSy Z*4S,*WS \Z/\ZanV\p aVSZT2pE ,SV\O `Sab\,d,*WS /Wq ]`\,1/1ZZq 4T+`*ZnD ) Z*O `\/S,aq 59 3\,bZq 5=6: `\VdD f`1abS,aq q , +1`14ZT 5=8> `\Vd Z* V\Z-`1aTE k\ ]`\f\/S, d ]`S+1`13Z\Yd YTabT ˙d,` L Z-WTqMD #1 4 /SO bSZab,* q ]\Wp+S, +T+WTyZd ]`*,/dD \q Y*bS Y*W* Z1+1aZd Z*/TpE T aWd3TZZq 4 Z1p +dW\ Y\O ^Y ]1`jSY /\a,T/\Y a]T,]`*gT 4 ]\Y*4*ZSYS f`SabSqZ*YSD * b\y h*a YTy b*b\ T ab*`j* a1ab`* Z1 aWd3SWS -\,TD S 4 Y*Y\p Z*W13*O WS /\ 4+\`d , YTabT ˙3SWWTZ-1Y L]T,/1ZZSy afT/

Z-WT ^ME qVSy aVW*/*,aq ]1`1,*3Z\ 4 ]\Y*4*ZO gT,D *bS ]\/*,*W* -*`ZSy ]`SVW*/ a,\2p `1,O Z\p dh*abp d ]`\]\,T/ZSgnVTy ]`*gTD ,1`1aZT 5=85 `\Vd Z* V\Z-`1aT , YTabT 1aO b1` +dW* ,S-\W\j1Z* ]`\Y\,* 4* Z*4,\p w 1]\O `\hZTabnxD `S-*/dpE k\ , ZTy \+-\,\`p,*W\an a]T`Z1 ]Sb*ZZq ]`\ ,1`f\,Zd ,W*/d , a1O a,TbTD q ]`\Y\,* /\]\Y\-W* Y1ZT ,]1`j1 da,TO /\YSbSE k\ YS ,bq-ZdbT d a]T`Z1 ]Sb*ZZqE qV1 ]\ab*W\ YT3 -\,\p T *b*Z\pD \Yd Z*Y Z1O \+fT/Z\ ab*bS ]\ ab\`\ZT -\,S T 4+1`T-*bS y\O Yd ,T`ZTabn qV \W\/*`1,T a1a,TbdD

T/ h*a V\Z-`1ad +`*bS Z*-\W\jd,*WS Z* ,*3WS,\abT ]T\Z1`anV\-\ aWd3TZZq T 4*\f\hd,*O WS Y\W\/n ]\ab*,SbS a\+T b*Vd Y1bdD \hd,jS 59 ı ) 6>56

]`\Y\,d w \Wn ]T\Z1`T, , \`-*ZT4*gT^xE q 4*YSaO WS,aqB w h\Yd ]\Wq-*2 Y\q `\WnHx 1y V\Z-`1a ]1`1V\Z*, Y1Z1 , b\YdE k\ YTy \+\,Gq4\V qV •\O Z*/*,* P 4 daTf aSW ]T/b`SYd,*bS ]\Y*4*ZgT, d ]`*gT ]`\]\,T/d,*ZZqD * b\Yd 3 V\Z-`1aT , 1ab1`T q 4*]\,ZS, 4*q,dE k\+ ,WSbSaq , W*O ,S ]T\Z1`T,D

w *dO5xE k\ ]`\WTb*WS ZS4nV\ Z*/ 1Zb\Y d Z*O ]`qYVd \Z/\Z*D )V\an q Z*,Tbn YdaS, 4TaV\O hSbS 4 ,1W\aS]1/* T af\,*bSan d `T,h*Vd ,T/ +\Y+SD \Z* ]`\Z1aW*an d Y1Z1 Z*/ -\W\,\p b* ,S+dfZdW* , ]\WT Z1]\/*WTVD a1 3 q Y\3d aV*O 4*bSE k\ `\VS aWd3TZZq , 1ZbT +dWS /d31 k*aWS,SYSD

˝ ı ˚ ı˙ ı•

( ˚ ˚ ı ˚

1`j\-\ -`d/Zq 5=85 `\Vd Y1Z1 ]`S4Z*hSWS a]1gT*WnZSY ]T\Z1`\YD \/T q Y*, WSj1 59 `\O VT,D \^Y ]1`jSY Z*]*`ZSV\Y ab*W* Y*Y*E *W1 ]`S+WS4Z\ h1`14 `TV d Z1^ ]\-T`jSW\an 4/\`\O ,GqE T ,\Z* +dW* 4Ydj1Z* ]`S]SZSbS ]T\Z1`anV1 aWd3TZZqD ˛-\/\Y eTWT*W d \Z/\ZT ]`S4Z*hS, Y1ZT TZj\-\ Z*]*`ZSV*E \Z* *`VTZ*E qVSy b1O ]1` aWd3Sbn hW1Z\Y V\YTb1bd eTWT*Wd , d1`O b\O SV\D

\q Y*bS 4*,3/S T4 4*f\]W1ZZqY ,T/-dVdO ,*W*an ]`\ 1b1WnD \Z* V*4*W*B w SZdE qV+S bS ab*, +1b1WT,g1YE g1 +d, +S Z*yWT]jSy ,SO +T` d b,\2Yd 3SbbTxD \3 dq,Tbn Y\p `*/Tabn T 4/S,d,*ZZqE V\WS , aThZT 5=8: `\Vd Y1Z1 Z* b`S bS3ZT 4*]`\aSWS /\ W\Z/\ZanV\-\ 1b1WpD

\ 4*VTZh1ZZT gn\-\ b1`YTZd +`*b `*ya Gp4E qVSy b\/T Z*-Wq/*, 4* eTWT*W\YE ]\]`\aS, Y1Z1 4*WSjSbSan d 1b1WTD *+dbSy d bT `\VS /\a,T/ ]\4Z*hS,aq Z* Y\2Yd ]\/*Wnj\Yd 3SbbTD

*a ]`S4Z*hSWS , ]`S+1`13ZT YTab* `\/aO b1`a b* *Ya-1b L-`*eab,\ 1ZbMD bT `\VS a]1O gT*WnZSY ]T\Z1`*Y k\YTaqgq /*,*WS 8> jSO WTZ-T, Z* VSj1ZnV\,T ,Sb`*bS Lb\/T g1 ab*Z\,SW\ +WS4nV\ < /\W*`T, " MD b\3E V\O WS YS a]W*hd,*WS 4* VTYZ*bdE qVd \`1Z/d,*WSE , Z*a Y*y31 ZTh\-\ Z1 4*WSj*W\an Z* ]`\3SbO bqD S Z1 4*,3/S +dWS ,]1,Z1ZTE V\WS ^abSY1O Y\ Z*abd]Z\-\ `*4dE *W1 bSY hS TZjSY hSZ\Y -\,* /+*, ]`\ Z*jT ]\b`1+SD S +*-*b\ ]\/\`\3d,*WS ,1W\aS]1/*YSD ıZ\O /T ^f*WS Z* 4*,*Zb*31ZSf ,1W\aS]1/*f ]`\O bS ]\bd3Z\-\ ,Tb`dE k\ /d, 4 T,ZThZ\-\ Y\O `qD *Y b*V\3 /\,\/SW\an ]1`13SbS ]\,Tb`qZT Z*Wn\bS T +*hSbS ZTY1gnVT V`SW*bT `*V1bS

\/SZ* 1b1Wp , \Z/\ZT Z* b\y h*a aVW*/*O W*an ]`S+WS4Z\ 4 7> \aT+E T ]1`1,*3Z\ g1 +dWS Y\W\/T Z1\/`d31ZT +`*bSD 1b1WT b*V\3 aWdO 3SW\ VTWnV* ]\Y*4*ZgT,E * a*Y1 `*ya Gp4E ˚/-*` W1y T ˙31V L˙3\ZM *``E qVSy 4-\/\Y ab*, hW1Z\Y 1`T,Z\-\ \`-*ZdD ˙Wq Y1Z1E 4\,O aTY pZ\-\E +dW\ ,1WSV\p h1abp ]T/b`SYd,*bS +`*bT, `Sab*E ]`*gpphS ]T/ /df\,ZSY Z*-WqO /\Y gSf wab\,]T,x L *WD 6B=MD /Z\-\ /Zq Y1ZT ]\,T/\YSWSE k\ qV*an a1abO `* h1V*2 Z* Y1Z1 +TWq ,f\/d , 1b1WnD * Y\2 4/S,d,*ZZqE g1 +dW* Y*Y*D \Z* aV*4*W*E k\ Z1 f\h1 ,T/`S,*bS Y1Z1 ,T/ `\+\bSE b\Yd Z1 +d/1 4*f\/SbSD *Y* 4*WSjSW* Y1ZT ]*VdZ\V T \/`*4d ]TjW*D \4-\`Zd,jS y\-\E q ]\+*hS, b1]W1 ]*Wnb\D 1y ]`\q, WpO +\,T Z*-*/*, Y1ZTE qV ZZ* ]`SZ\aSO W* ,1`fZTy \/q- a,\2Yd aSZ\,T *Yd ^O WdE V\WS ,TZ aWd3S, ]`S f`*YT L5 *YD 6B5<E 5=MD ˚˛ ) w˘ı ˚ ˙ıx

5=8; `\gT ]Gqbn\f aWd3Sb1WT, Z*j\-\ 1b1Wp 4*]`\aSWS /\ "

Z* Z*,h*ZZq , 55OYd VW*aT +T+WTyZ\^

L˛WT,*M \^ +*bnVS L ]`*,*M jV\WT w˘TW1*/xE 5=8< `TVD /q-Z1ZSy d ]*Wnb\E qV1 ]\/*`d,*W* Y*bS

5=

jV\WS w˘TW1*/xD \WS YS ]`S+dWS Z* ]T,ZTh jb*bd npO•\`VE /1 ]`\f\/SW* jV\W*E ab\qW* /d31 f\W\/Z* ]\-\/*D ) +d, `*/SyE k\ Y*, b1]O W1 ]*Wnb\E qV1 ]\/*`d,*W* Y1ZT Y*Y*D "Tabn YTaqgT,E ]`\,1/1ZT d jV\WT w˘TW1*/xE +dO WS Z14*+dbZTYSD ]TWVd,*ZZq 4T abd/1Zb*YSE qVT ]`S^f*WS 4 5: V`*^Z a,TbdE 4Z*hZ\ `\4jSO `SW\ YTy a,Tb\-Wq/D q jV\W* 4+*-*bSW* Y1O Z1 /df\,Z\E q ]\h1`]Zd, hSY*W\ gTZZ\-\ ,T/ 4`TWSf f`SabSqZD W\y/ 1``TE qVSy +d, Y\^Y \/Z\VW*aZSV\YE Wn+1`b "`1/1`E \/SZ 4 TZabO `dVb\`T, jV\WSE T ˙3\Z dbE Z*-Wq/*h 1`YS *`ab,*E /1 ]`\f\/SW* jV\W* w˘TW1*/xE 4-\/\Y ab*WS hW1Z*YS 1`T,Z\-\ \`-*ZdD ) ,Sa\V\ gTO Zdp a1`/1hZT ]\`*/SE qVT /*,*WS Y1ZT gT +`*O bSE * b*V\3 ^fZTy hd/\,Sy ]`SVW*/ ,T//*Z\abT -\,T b* y\-\ \`-*ZT4*gT^D • ) ı ˚ ˚ ) ˚ ˚ &

TaWq 4*VTZh1ZZq jV\WS w˘TW1*/x Y1Z1 ]`SO 4Z*hSWS `*y\ZZSY Z*-Wq/*h1Y d jb*b -*y\E " D \/T Y1ZT +dW\ WSj1 65E *W1 +`*bS 4 b1]O ‹ W\b\p a]`SyY*WS YTy Y\W\/1hSy 4*]*WD ]T,O ]`*gpphS , gn\Yd `*y\ZT 4T ab*`jSYS +`*b*O YSE q +*-*b\ h\-\ Z*,hS,aq 4 ^fZn\-\ /\a,T/dD 1`14 VTWnV* YTaqgT, Y1Z1 4*]`\aSWS ]\,1`O ZdbSan d +`dVWTZanVSy 1b1Wn /Wq ]\/*Wnj\O -\ Z*,h*ZZqD Wd3*hS b*YE q Y*, Y\3WS,Tabn +WS3h1 ]\4Z*y\YSbSaq 4T a]`*,3ZTYS wab\,]*O YSx ]`*,/SE * a*Y1 4 TWb\Z\Y 1Zj1W1YE *`O W\Y W*yZ\YE *b*Z\Y \``\YE \Y*a\Y L *O /\YM *WWT,*Z\Y b* *yY*Z\Y d ^Z-W\YD aT ,\ZS V\WSan aWd3SWS hW1Z*YS 1`T,Z\-\ \`-*O ZdD ˙Wq Y1Z1 +dW\ a]`*,3ZTY ]T/+*/n\`1ZZqY +*hSbSE qV d `\+\bT ,\ZS ,Sq,WqWS hd/\,T f`SaO bSqZanVT `SaSD ˛*,/qVS gn\Yd Y\q /\,T`* /\ \`-*ZT4*gT^ -\,S 4Z*hZ\ 4`\aW*D ˛-\/\Y Y1Z1 ]`S4Z*hSWS aWd3SbS , ,`\]TD Wpb\Yd 5=9> `\Vd ]\Y1`W* Y\q Y*Y*D TaWq ]\f\`\Zd q ,T/,1`b\ ]\-\,\`S, ]`\ ]`*,/d 4 b*O b\Y T ab*`j\p a1ab`\p ˙\`\pD ) 4*]Sb*,E k\ ,\ZS ]W*Zdpbn `\+SbS b1]1`E V\WS Y*YS ,31 Z1Y*2E * q /*W1V\ ,T/ /\YdD \^ `T/ZT /\+`1 4Z*O

1`1VW*/*p ]`\Y\,d +`*b* W\y/* 1``T ]T/ h*a ]`Sa,qh1ZZq eTWT*Wd d `*ZgT^E 5==; `TV

6>

WS T ]\,*3*WS \/Z\-\ ab*`j\-\ ]\Y*4*ZgqE +`*O b* *``T `*dZTZ-*E b\Yd ]\-\/SWSaq `\4Y\,WqO bS 4 ZSY Z* +T+WTyZT b1YSD 1`14 `TV YTy b*b\ T ˙\`* \f`1abSWSanD T4ZTj1 +*bnV* ]`S4Z*hSWS aWd3Sb1W1Y 4+\`d , YTabT ˙3SWWTZ-1YD TaWq +*bnV\,\^ aY1`bT ˙\`* ,SyjW* 4*YT3 4* ,T`Z\-\ ab*`TyjSZdE \q \`b\Z*E T ,T//*Z\ aWd3SW* -\,T /\ a*Y\^ aY1`bT d 6>5> `\gTD ˝ı ) ı ı

#1 , jV\WT q ,S,h*, e`*Zgd4nVdE ZTY1gnVd T W*bSZanVd Y\,SD ı a*Y1 e`*Zgd4nV* Y1ZT /*O ,*W*an Z*y,*3h1D \Yd q Y*, 4YTj*ZT ]\hdbO bqE V\WS Y1Z1 ]\]`\aSWS ]\^f*bS /\ *`S3*E k\+ /\]\Y*-*bS d e`*Zgd4nV\Yd 1b1WTD *Y q Y*, h1abn a]T,]`*gp,*bS 4 Z*-Wq/*h1Y eTWT*O Wd Z`T 131E ab*`1ZnVSY +`*b\YO]\Y*4*Zg1YD \2 ]`S4Z*h1ZZq Z1 +dW\ W1-VSYE T q h*ab\ `\O +S, k\an Z1 b*VE *W1 , 1b1WT q +*-*b\ h\-\ /TO 4Z*,aq ]`\ Wp/anVT ab\adZVSD 5=95 `\gT Y1Z1 ]\]`\aSWS ,4qbS dh*abn , \`-*ZT4*gT^ YT3Z*`\/Z\-\ V\Z-`1adE qVSy ]`\,\/S,aq ,]1`j1 ]TaWq ,TyZSD \W\/Sy `\4G^4ZSy Z*-Wq/*h 1\]\Wn/ ˝\Zb1 ]`S^f*, /\ 1b1WpE k\+ /\]\Y\-bS Y1ZTD L˛-\/\Y 1\]\Wn/ +d, ]`S4Z*h1ZSy Z*-Wq/*h1Y eTWT*WdMD \Z-`1a ]`\f\/S, d *W*gT a]\`bdE Z1]\/*WTV ˚ye1W1O ,\^ ,13TD ˙1W1-*bS ]`S+dWS 4 6< V`* ^ZD \ab*ZO ZTy /1Zn Z* V\Z-`1aT +dW\ 5> 89: ]`SadbZTfE T g1 /d31 ,bTjSW\ :>>> +`*bT, 4 `*ZgT^D \WS q ]`S^f*, /\ `*ZgT^E b\ Z1 /d31 /\+`1 ,\W\/T, e`*Zgd4nV\p Y\,\pD Sbd*gTp ]\-T`O

,*, Y1ZT hd/\,d T ,T//*Zd ad]dbZSgp 3SbO bqD * ,1aTWWT +dW* ]`SadbZq T Y*bS ˚ab1`E V\b`* Y*W* Z1+1aZd Z*/TpD 1ZT 4*,3/S +dO W\ ]`S2YZ\ a]TWVd,*bSaq 4 gT2p /df\,Z\ Z*O ab`\2Z\p a1ab`\pD \Z* 4*VTZhSW* a,Ty 41YO ZSy jWqf d 6>>> `\gTD

TaWq ,1aTWWq YS 4 ˚ab1` 3SWS ]\4* 1b1W1YD ) ]`\/\,3d,*, a]T,]`*gp,*bS 4 ]1`1VW*/*gnO VSY ,T//TW\YE * ˚ab1` aWd3SW* a]1gT*WnZ\p ]TO \Z1`V\p , \V\WSgqf *`S3*D \Z* /\]\Y\-O W* VTWnV\Y Wp/qY ab*bS aWd3Sb1WqYS -\,SD 5=:8OYd Z*a 4*]`\aSWS 3SbS , 1b1WTD \WS 5=;: `\Vd +d, db,\`1ZSy V\YTb1b eTWT*WdE Y1O Z1 ]`S4Z*hSWS \/ZSY 4 y\-\ hW1ZT,D `\bqO -\Y daTf gSf `\VT, ˚ab1` 4 Wp+\,Gp ]T/b`SYd2 Y1Z1D L˛WT,*M S 4 ˚ab1` d /1Zn Z*j\-\ ,1aTWWq L ]`*,*M *4\Y d ]`\]\,T/ZSgnV\Yd aWd3TZZT

jd,*W\ b1E k\ q -\,\`S, e`*Zgd4nV\pE bTWnVS V\WS 4Z*,E qV ]`*,SWnZ\ ,SaW\,SbSanD W1 qVO k\ bS Z1 ]`S]daV*2jaq ]\YSW\VE b\ ZTV\WS Z1 ,S]`*,Sjaq T Z1 4`\+Sj ]\abd]dD \3 q ]\ab*Z\,S, ,S`TjSbS gp ]`\+W1Yd T 4*]Sa*,aq /\ jV\WSE , qVTy TZ\41YgT, Z*,h*O WS e`*Zgd4nV\^D T/,T/dphS 4*Zqbbq ]\ ,TWnO ZSf ,T/ 4T+`*Zn ,1h\`*fE q ]\Wp+S, e`*Zgd4nO Vd Y\,dE T Y\2 4*f\]W1ZZq Z1p 4 `\V*YS 4`\aW\D \Z* ab*W* Y1ZT , ]`S-\/TE b\Yd k\ q Y*, Y\3WS,Tabn /\]\Y*-*bS , \`-*ZT4*gT^ ]1`1VW*O /*gnV\^ ]`*gTD ˛ h*a\Y q y a*Y ]\h*, +`*bS dh*abn d ]1`1VW*/T 4 *Z-WTyanV\^ Z* e`*Zgd4nO VdD ) Z*/4,Sh*yZ\ /\`\3S, gSY 4*,/*ZZqYE +\ 4*,/qVS ]1`1VW*/d e`*ZV\Y\,ZT +`*bS ]\ gTO W\Yd a,TbT \b`SYdpbn +*-*bd /df\,Zd ]\3SO ,dE qVd /*2 ,T`ZSy T `\4ad/WS,Sy `*+ L *b,D 68B89P8;MD

˙ ˝˚ ) ı ˙ &"ı ˛ ˚ )

5=9: `\gT q \/`d3S,aq 4 ]T\Z1`V\p 4T ",1yg*`T^E Z* TYGq ˚ab1`E qVd 4dab`T, VTWnV\O Y* `\V*YS `*ZTj1D S dVW*WS jWp+ d \Z/\O ZTE , ˛*WT *`ab,* ]\`q/ 4 1b1W1Y LV\WSan g1y 4*W Z*4S,*,aq \Z/\ZanV\p aVSZT2pC a*O Y1 b*Y \f`1abSW*an Y\q Y*Y*MD ˛ ,1aTWnZ\p ]`\Y\,\p ,Sabd]S, +`*b Gp4D -\,* ]\/*`dO 59 ı ) 6>56

w) ˛ ˙ ˚ ˛ ˝˙ x

) Z1 `*4 ,T/,T/d,*, Z*j ,a1a,TbZTy g1Zb` d npO•\`VdE T ]T/ h*a b*VSf ,T/,T/SZ q Z1`T/V\ \b`SYd,*, /\+`T ]\`*/S ,T/ +`*bT, 4 1`T,Z\O -\ \`-*ZdD *]`SVW*/E \/Z\-\ `*4d q ,SaW\,S, a,\2 4*Z1]\V\2ZZq ab\a\,Z\ ]1,Z\-\ b1`YTZd `\+\bSD \/T +`*b \`` daYTfZd,aq T ]`\Y\,S,B w 1 f,SWpyaqE * ]`\/\,3dy ]`*gp,*bSIx ˛ bSf ]T` ,31 YSZdW\ hSY*W\ `\VT,E * gq ]\`*/* T /*O WT /\]\Y*-*2 Y1ZTD \WS Z*V\]Shd2bnaq +*-*b\ `\+\bSE 4*YTabn b\-\ k\+ ]*ZTVd,*bSE q ]\hSO Z*p ,SV\Zd,*bS \/Zd a]`*,d 4* TZj\pE /\VS 4 h*a\Y Z1 4`\+Wp dan\-\D

`*b \`` daYTfZd,aq T ]`\Y\,S,B w 1 f,SWpyaqE * ]`\/\,3dy ]`*gp,*bSIx 14*/\,-\ /\ aY1`bT ıada aV*4*, a,\^Y dhZqYB w) 4 ,*YS +d/d Z1 4*,3/Sx L *b,D 6:B55MD SE TZjT ,T,gTE b*V\3 da,T/\YWp2Y\E k\ ]\Y*4*O ZT +`*bS `Sab* Z1 4*,3/S +d/dbn 4 Z*YS Z* 41YWTD \Yd /Wq Y1Z1 ,1WSV* h1abn ,31 ]\Z*/ ;> `\VT, bTaZ\ a]T,]`*gp,*bS 4 +*-*bnY* ]\Y*O 4*ZgqYSD ) ,/qhZSyE k\ Y\3d b`SY*bSan w4* ]\Wd p/1qxD

65

˛ E ) ˛ ı• ˙ w -\,* 4Z*2E qV ,S4,\O WSbS 4 ,S]`\+d,*ZZq ]\+\3ZSf Wp/1y x L6 ˚ D 6B=MD

˝˚ ˚ ˚ ıE # DDD

hTbV\ ,S4Z*hS,E V\WS Y*pbn ,T/+dbSaq ]\/T^E ]\,Gq4*ZT 4 y\-\ Z*YT`\YH

,SV\`Sab*2 a,\p aSWdE k\+ ,`qbd,*bS a,Ty Z*`\/H

4Z*2E qV `\4-\`b*bSYdbnaq ]\/T^ ]T/ h*a ,1WSV\-\ WSf*H

˚ ˛ -\`*YS h*aE V\WS \- ,SV\Z*2 a,Ty ]`Sad/ Z*/ a,Tb\Y *b*ZSE T 4`\+Sbn ,TZ g1 /d31 `*]b\,\ L5 1aD 9B6E 7MD ˛ Z*O ab*ZZqY ,1WSV\-\ /Zq -\,S d Wp/anV\Yd adaO ]TWnab,T 4*]*Zd2 4*YTj*ZZq L \eD 5B58P5;MD p/S 4*4Z*,*bSYdbn abTWnVS +T/ T ab`*3O /*ZnE k\ T+WTq /\`1hZ\ Z*4S,*2 g1y ]1`TO \/ w,1WSVSY WSf\YE qV\-\ Z1 +dW\ ,T/ ]\h*bO Vd a,Tbd *3 /\b1]1`xD L `\hSb*yb1 *b,Tq 68B65E 66MD

6

\WS w,1WSV1 WSf\x +d/1 Z*+WS3*bSaq /\ *]\-1pE ˘\š 4 V`*p *š\š* 4/TyaZSbn Z*]*/ Z* a,\p -\W\,Zd YTj1ZnE \3Sy Z*`\/D b\y h*a w,TyanV\ hSaW1ZZ1x ,Sabd]Sbn ]`\bS aWdO 3Sb1WT, -\,SE wqV fY*`*E k\+ ]\V`SbS 41YWpx L 41VD 7<B6E 58P5:MD ˝\/Z* Wp/anV* dab*Z\,* Z1 ]`Sy/1 ^Y Z* /\]\Y\-dD ıfZ2 a]*aTZZq 4*W1O 3*bSY1 WSj1 ,T/ \-*D )V Z*`\/ -\,S `1*-dO ,*bSY1E 4TbVZd,jSan ,ThOZ*O,Th 4 WpbSYS ,\`\O -*YSH 7 S bSE qV \3Sy aWd3Sb1WnE ,T`SjE k\ -\O ,* Y\31 ,`qbd,*bS a,Ty Z*`\/ ]T/ h*a ,1WSV\-\ WSf* T k\ ,TZ \+\,Gq4V\,\ g1 4`\+SbnH ]\ab\W

1b`\ Z*]Sa*,B w -\,* 4Z*2E qV ,S4,\WSbS 4 ,SO ]`\+d,*ZZq ]\+\3ZSf Wp/1yE * Z1]`*,1/ZSf 4+1`1-bS Z* /1Zn ad/d /Wq 4ZSk1ZZqx L6 1bD 6B=MD \4YT`V\,dphS Z*/ ]`SVW*/*YS b\-\E qV \- V\WSan ,S4,\Wq, a,\^f aWd3Sb1WT,E bS 4YTgO ZSj a,\p ,]1,Z1ZTabn d y\-\ `qbT,ZTy aSWTD \4-WqZnY\ b`S b*VSf ]`SVW*/SD

5D )VT ]\/T^ ad]`\,\/3d,*bSYdbn w,1WSV1 WSf\xH ‹ 6E 7D *M \-\ 4*4Z*2 \3Sy Z*`\/ ]T/ h*a w,1WSV\-\ WSO f*xH +M #\ 4YTgZSbn Z*jd ,]1,Z1ZTabn d `qbT,ZTy aSWT -\,SH

66

ı ˚ ˚˝ 8

]\h*bVd 4-*/*yY\ `\4]\,T/n ]`\ \b\] 4* /ZT, \qD ˛/TyaZpphS a,\p ,\WpE -\,* ,a1 `\+Sbn d hTbV\ ,S4Z*h1ZSy ZSY h*aD 1`j ZT3 Y*, ab*bSaq \b\]E +dW\ Z1\+fT/Z\ ]\+dO /d,*bS ,1WSh14ZSy V\,h1- T 4*,1abS bd/S `T4ZSf b,*`SZD `\b1E qV ,S/Z\ 4 VZS-S dbbqE ,S4Z*h*phS /*bd \O b\]dE -\,* Z1 h1V*,E ]\VS \y 4*O ,1`jSbn a]\`d/31ZZq V\,h1-dD ˙1Zn ]\h*bVd ]\b\]d Z1 4*W13*, ,T/ b\-\E hS \y ,SV\Z*2 g1 4*,/*ZZq ,h*aO Z\E hS ZTD #1 4*/\,-\ /\ b\-\E qV \- Z*V*4*, ]\+d/d,*bS V\,h1-E ,TZ ,S4Z*hS,E V\WS Y*2 ]\h*bSan \b\]D ˛,T/VS YS g1 4Z*2Y\H 9 T+WTq V*31E k\ -\,* ]`SyZq, Z* Z1+T ]\ab*Z\,dD dbbq :B7 YS hSO b*2Y\B w 1 +d/1 Ty ˙df ]1`1Y*-*O bSaq , Wp/SZT Z*,TVSEP +\ +Wd/Sbn ,\Z*D \Z* bTW\E T /ZT ^^ +d/dbn ab\ T /,*/gqbn WTbxD T aW\,* Z1 ,V*4dpbn Z* b1E k\ a1`1/Zq b`S,*WTabn Wp/anO V\-\ 3Sbbq Y*W* ab*Z\,SbS 56> `\O VT,D *b\YTabn bdb -\,* ]`\-\W\aS,E V\WS ,TZ ,SV\Z*2 a,Ty ]`Sad/ T 4TO b`1 +14+\3ZSf Wp/1y 4 WSgq 41YWT1D aVTWnVS \b\] ]\h*,aq d 67;> `\gT /\ ZD 1DE YS Y\31Y\ /TybS ,SaZ\,VdE k\ \- ,S-\W\aS, g1y ]`Sad/ d 68=> `\gT /\ ZD 1D * b\y h*a \p +dW\ 8<> `\VT, L dbD ;B:MD `S+WS4Z\ h1`14 6> `\VT,E d 68;> `\gT /\ ZD 1DE , \q Z*`\/S,aq ]1`jSy aSZE * 4-\/\Y k1 /,\2 L dbD 9B76MD ˙\ \b\]d 4*WSj*O W\an +WS4nV\ 5>> `\VT,E *W1 -\,* ,a1 k1 Z1 ]\,T/\YS, \2,T ]`\ y\-\ \a\+O 1 ˙S,Tbnaq w *`b\,d +*jbdx 4* 59 -`d/Zq 6>5> `\VdE ab\`TZVS 7>E 75D

8D ˛,T/VS Z*Y ,T/\Y\E k\ 4* /ZT, \q -\,* Y*, Z*YT` ,SV\Z*bS a,\p ,\Wp d hTbV\ ,SO 4Z*h1ZSy h*aH 9D #\E 4-T/Z\ 4 dbbq :B7E -\,* ]\ab*Z\O ,S, T V\WS ,TZ ,S-\W\aS, gp ]\ab*Z\,dH

59 ı ) 6>56

WS,d `\Wn d 4+1`131ZZT Wp/anV\-\ `\O /dD )V /\,-\ \- h1V*,E ]1`j ZT3 ,T/O V`SbS y\Yd a,Ty Z*YT`H :

ıY\,T`Z\E -\,* WSj1 h1`14 VTWnO ‹ V* /1aqbSWTbn ]\,T/\YS, \2,TE k\ 4+S`*2bnaq `\+SbSD \Yd YS Y\31Y\ b*V aV*4*bSH )V ]\V*4d2 Z*bfZ1Z* `\4]\,T/nE \- 4,1WT, \p ]\+d/d,*O bS V\,h1-E V\WS y\-\ aSZS ,31 ,SO `\aWS T \/`d3SWSanD -\,* ]`\Y\,S, /\ \qB w VW*/d ) 4*]\,Tb* ,\y\-\ 4 b\+\pE T ,,Ty/1j /\ V\,h1-d bSE T aSO ZS b,\^E T 3TZV* b,\qE T 3TZVS b,\^f aSZT, T4 b\+\px L dbD :B=P5<MD \YdE V\WS \y \b`SY*, /\`dh1ZZq a]\`dO /SbS V\,h1-E /\ \b\]dE aV\`Tj 4* ,a1E 4*WSj*W\an 8>P9> `\VT,D ;

d/dphS V\,h1-E \y T y\-\ aTYGqE Y*+dbnE `\4/dYd,*WSE qV \- ,SV\O Z*2 a,Ty Z*YT` T V\WS a*Y1 ]\hZ1bnaq

\b\]D W1 Z*,Tbn Z1 4Z*phS ]1,O ZSf /1b*W1yE ,\ZS 4 ,T`\p ]`\/\,O 3d,*WS a,\p ]`*gpD T+WTq `\4]\,TO /*2B wı 4`\+S, \y da1EP qV 4,1WT, y\Yd \-E b*V 4`\+S, ,TZx L dbD :B66MD ˛`1jb\p -\,* aV*4*, \pE k\ h1O `14 aTY /ZT, ]\hZ1bnaq \b\]D n\-\ h*ad ,Sab*hSW\ /Wq b\-\E k\+ \y 4T a,\2p aTYG2p 4T+`*, b,*`SZ d V\,h1-D \3E V\WS ,T/V`SWSaq Z1+1aZT \b,\`S L* ab*W\aq g1 w`\Vd j\ab\^ a\bZT WTb 3Sbbq \2,\-\E YTaqgq /`d-\-\E aTYO Z*/gqb\-\ /Zq YTaqgqxME ,a1 +dW\ -\O b\,\ L dbD ;B5P9E 55MD <

\4]\,T/n ]`\ \b\] 4*a,T/hd2E k\ -\,* 2 Z1 bTWnVS \a]\/*`1Y h*O adE *W1 T S4,\WSb1W1Y a,\-\ Z*`\/dD :D \WS -\,* Z*V*4*, \2,T ]\+d/d,*bS V\,h1-H ;D *M )V \y T y\-\ `T/ZT ,Sq,SWS ,T`dH +M ˛* aVTWnVS /ZT, \- ]\,T/\YS, \pE V\WS ]\hZ1bnaq \b\]H <D )V `\4]\,T/n ]`\ \b\] 4*]1,Zq2 Z*a d b\YdE k\ -\,* 4Z*2E qV ,S4,\WSbS a,Ty Z*`\/H

67

˛ Z*+WS31ZZqY VTZgq gT2^ aSab1YS YS ,]1,Z1ZTE k\ ,aT Z*YT`S -\,S 4/TyaZqbnaq , hTbV\ ,S4Z*h1ZSy ZSY w/1ZnDDD T -\/SZdx L *b,D 68B7:C ]`\O hSb*yb1 ,*VdY* 6B7MD ı˙ ˚ ˚ ˙

˚ ˚˛ ˚ ˚ ˚ =

S ,31 ]\+*hSWSE k\ -\,* ]\,O ZTabp V\Zb`\Wp2 h*aE T ,aT ]\/T^E ]\O ,Gq4*ZT 4 y\-\ Z*YT`\YE ,T/+d,*pbnaq d b\hZ\ ,S4Z*h1ZSy Y\Y1ZbD ıZjSy ]`SVW*/E ]`\ qVSy YS ]\-\,\`SY\E ]T/V`1aWp2 k1 \/Zd ]`ShSZdE h\Yd YS Y\31Y\ ]\VW*/*bSan Z* -\,dB ,TZ Y*2 +14Y13Zd aSWd /Wq ,SV\Z*ZO Zq a,\-\ Z*YT`dD Tk\ Z1 ]1`1jV\O /Sbn \-d ,S4,\WSbS a,\^f aWd3Sb1O WT,D \3 Z1 /S,Z\E k\ TZ\/T ,TZ Z*,Tbn /\4,\Wq2 ^Y ]\b`*]SbS , Z1+14]1O Vd T b*VSY hSZ\Y 4*,\/Sbn ,\`\-T, d ]*abVdD *Y1 g1 ab*W\aqE V\WS -\O ,* ,S4,\Wq, T4`* ^WnbqZ 4 2-S]1banV\O -\ `*+ab,*D =E 5>D )V -\,*E ]\aWd-\,dphSan a,\^Y Z*O `\/\YE 4*,T, 2-S]1banV1 ,TyanV\ , ]*abVdH

ı4`* ^WnanVSy Z*`\/E qVSy ,Sf\O /S, 4 -S]bdE Z*WThd,*, ]`S+WS4Z\ b`S YTWny\ZS \aT+D ˛* Z*V*4\Y -\O ,S \ya1y ]\,T, T4`* ^WnbqZ /S,ZSY jWqf\YE T e*`*\Z ]\/dY*,E k\ ,\ZS , ]*ZTgT 4*+WdV*WSD L `\hSb*yb1 SfT/ 58B5P8MD *`*\Z Z1 YT- d]daO bSbS b*V\-\ j*Zad T 4T a,\^Y ,TyanV\Y ]\Yh*, 4* V\WSjZTYS `*+*YSE 4*O -Z*,jS ^f d 4*]*/Zp +TWq 1`,\Z\-\ Y\`qD ˛/*,*W\anE T4`* ^WnbqZS \]SZSO WSan d +14,Sf\/T L SfD 58B9P5>MD W1 Z*a]`*,/T ^Y Z1 4*-`\3d,*W* 3\/Z* Z1+14]1V*D \YdH \Yd k\ Z1,/\,4T -\,* Y*, ^f ,`qbd,*bSD 5>

55 w b\,] fY*`SxE qVSy ,T, T4`*O ^WnanVSy b*+T`E ]1`1YTabS,aq T ab*, ]\4*/dE h1`14 k\ e*`*\Z\,1 ,TyanO V\ Z1 Y\-W\ Z*+WS4SbSan /\ \3\O -\ Z*`\/dD ˙Wq 2-S]bqZ g1y ab\,] +d, b1YZ\p fY*`\pE * T4`* ^WnbqZ*Y ,TZ /*,*, a,TbW\E 4*,/qVS qV\Yd ,\O

55E 56D *M )V -\,* 4*abd]S,aq 4* a,Ty Z*O `\/H +M SY da1 4*VTZhSW\an T h\-\ gq `\4]\O ,T/n ,hSbn Z*a ]`\ -\,dH

S ,TyanV\ e*`*\Z* ab*Z\,SW\ a]`*,3Zp 4*-`\4d /Wq T4`*^WnbqZH

68

ZS Y\-WS +*hSbS ,Z\hTD L `\hSb*yO b1 SfT/ 58B5=E 6>MD \/TE Z*aW*,jS afT/ZSy ,Tb1`E -\,* w4`\+S, Y\`1 adf\/\W\YEP T `\4abd]SW*aq ,\/*xD 1E \h1,S/Z\E b`S,*W\ ]1,ZSy h*aE */31 T+WTq V*31E k\ ,Tb1` /d, wgTO Wd ZThx T WSj1 ]TaWq gn\-\ T4`* ^WnO bqZS ]`\yjWS a1`1/SZ\p Y\`q ]\ adfTy 41YWT L SfD 58B65E 66MD ı4`* ^WnO bqZS `df*WSan Z*+*-*b\ ]\,TWnZTj1E ZT3 2-S]1banVT V\WTaZSgTD a1 3 2-S]O bqZS +dWS Z1 , ab*ZT Z*4/\-Z*bS ı4O `* ^WnE +\ 4* Zn\-\ ,\p,*, -\,*D TZ w]`S,T, d 4*YTj*ZZq 2-S]1banVSy b*O +T`D ı ]\aVS/*, V\W1a* 4 V\W1aZSgn y\-\E T ,hSZS,E k\ y\Yd +dW\ bq3V\ f\/SbSx L SfD 58B65P69MD 56 )V bTWnVS ,aT T4`* ^WnbqZS +14O ]1hZ\ /Tab*WSaq ]`\bSW13Z\-\ +1`1O -*E -\,* Z*V*4*, \ya1pB w `\aO bq-ZS a,\p `dVd Z* Y\`1E T Z1f*y ,1`Z1bnaq ,\/* Z* 2-S]bqZE Z* ^fO ZT V\W1aZSgT y Z* V\Y\ZZSVT, ^fZTfxD \WS ,1WSh14Z* Y*a* ,\/S `SZdW* Z* 2-S]1banVSf ,\^ZT,E ,\ZS ab*WS ,bTO V*bSD W1 wVSZd, \a]\/n 2-S]bqZ d a1`1/SZd Y\`qxD ıY Z1 +dW\ ]\`qO bdZVdE w*ZT 3\/1Z T4 ZSf Z1 4\ab*,aqx 3S,SY L SfT/ 58B6:P6<MD *V -\,* ]\V*4*,E k\ Y*2 aSWd ,S4,\WqbS a,Ty Z*`\/ 4 +d/nOqV\^ Z1+14]1VSD

ZqEP qV -\,\`SW\aq h1`14 ]`\`\V* ˙*ZS^W*EP ab\^bn Z* a,qb\Yd YTagTDDD b\ Z1f*y bTE k\ , (/1^E ,bTV*pbn d -\O `Sx L *b,D 68B59E 5:MD )V ıada\,T ]\O aWT/\,ZSVS Y\-WS `\4]T4Z*bSE V\WS g1 ]`\`\gb,\ ]\hZ1 a]\,ZqbSaqH 58

-\,* b\hZ\ 4Z*2E qV `\4-\`O b*bSYdbnaq ]\/T^E k\ a]\,Zqbn y\O -\ Z*YT`D 1 /\+`1 ,S/Z\ 4 b`1bn\-\ ]`SVW*/dD •/1bnaq ]`\ \+W\-d `da*O WSY* , ]1`j\Yd ab\WTbbTD 1`14 a,\O -\ SZ* -\,* /*, ]1,ZT ,V*4T,VS f`SabSqZ*YE qVT ]1`1/ 4ZSk1ZZqY `da*WSY* L;> `TV ZD 1DM 3SWS , (/1^D ıada aV*4*,B w \WS ]\+*hSb1E k\ Y1`O 4\b*E V\b`* a]`ShSZq2 a]dab\j1ZO

YT`d b\-\ qV `\4,S,*WSan ]\O /T^E dhZT ıada* qaZTj1 `\4dYTWS y\O -\ aW\,*D :: `\gT ZD 1D `SYanV1 ,TyanV\ Z* h\WT 4 1abT2Y *WW\Y ,SO abd]SW\ ]`\bS `da*WSY*E k\+ ]`SO /djSbS ]\,ab*ZZq p/1^,D \WS 41O W\bSE p/1yanVT +dZbT,ZSVSE jdV*WS af\,Vd d e\`b1gT ]`S f`*YTE `SYWqZS ]\h*WS ]T/V\]d,*bS f`*Y\,T abTZSD

SWnZT f`SabSqZS hTbV\ da,T/\YSWSE ‹ k\ g1 \4Z*h*2B q4ShZSgnV1 ,TyanO V\ 4T a,\^YS T/\WnanVSYS jb*Z/*`O b*YS LwY1`4\b*xM ]T/TyjW\ /\ Yd`T, f`*Yd Lwa,qb\-\ YTagqxMD *Y1 , g1y h*a dhZT ıada* Y*WS w,bTV*bS d -\`SxD

W1 qV ,SybS 4 YTab*E \b\h1Z\-\ ,\O `\3SY ,TyanV\YH ˙*WT ,T/+d,aq Z1O a]\/T,*ZSy ]\,\`\b ]\/TyD

57D )VT ,V*4T,VS /*, ıada T k\ Y\-W\ gTV*,SO bS y\-\ ]\aWT/\,ZSVT,H

58D #\ dhZT ıada* 4`\4dYTWS , YT`d b\-\E qV `\4,S,*WSan ]\/T^H

˛ ˛ #˚ ) 57

59 ı ) 6>56

69

14 qV\^an \h1,S/Z\^ ]`ShSZS 1abTy *WW 4T a,\ ^YS ,TyanV*YS ]`S]SZS, \+W\-d `da*WSY* T ]\O h*, ,T/abd]*bSD ˛1W\bS ]\-Z*WSaq 4* ZSYSD 1]1`E V\WS `SYWqZS T p/1yO anVT ]\,ab*ZgT ]\VSZdWS YTab\E ıadO a\,T ]\aWT/\,ZSVS Y*WS Y\3WS,Tabn ,b1VbSD ,\-\ h*ad ıada Z*V*4d,*, ^Y 4*WSjSbS ,a1 T ,bTV*bS +14 ,*-*ZnD L `\hSb*yb1 *b,Tq 68B5;E 5<MD \Yd aWT/ +dW\ /TqbS Z1-*yZ\H 1,/\O ,4T ab*W\ ,T/\Y\D ˛* VTWnV* /ZT, 41O W\bS ]\,1`ZdWSan T ]\h*WS 4YdjdO ,*bS TZjSf 2,`1^, ]`S2/Z*bSan /\ ]\,ab*ZZqD +ab*,SZS , YTabT j,S/O V\ ]\-T`jSWSanE +\ `T4ZT d-`d]\,*ZO Zq p/1^, +\`\WSan YT3 a\+\p 4* ,W*O /dD T/b\/T ,b1VbS +dW\ /d31 ,*3V\D

V\WS , ;> `\gT ZD 1D `SYWqZS ]\O ,1`ZdWSaqE ,b1h* ab*W* Z1Y\3WS,\p L dVS 5=B87MD TE fb\ 4,\WTV*,E \]SZSO WSan d ]*abgTD `SabSqZSE qVT ]\aWdO f*WSan ıada\,Sf aWT, T ,b1VWS , -\`SE ,`qbd,*WS a,\2 3SbbqD \ZS Z* ,W*aO Z\Yd /\a,T/T ]1`1V\Z*WSanE k\ -\,* 4Z*2E qV ,S4,\WSbS a,Ty Z*`\/D \-\ YS ,hSY\aq 4 gT2^ `\4]\,T/TH 59

5:

\WS Z*ab*Z1 ,1WSV1 WSf\E f`SaO bSqZ*Y +d/1 ]\b`T+Z\ aWdf*bSan ,V*O 4T,\V T+WT^ T \`-*ZT4*gT^ -\,SD V*O 3TY\E ıadaT, Z*V*4 w,bTV*bS d -\`Sx Y*bSY1 qV1an 4Z*h1ZZq T /Wq Z*aD *a ]\V*31E 4 hSY +d/1 ]\,Gq4*Z* Z*O j* ,b1h*1D /Z*V YS Y\31Y\ +dbS ,]1,Z1ZT , b\YdE k\ -\,* ,Sq,Sbn Z*Y 4Z*h1ZZq bSf ,V*4T,\VE V\WS ]`Sy/1 h*a ^f ,SV\Z*bSD ıE \aVTWnVS Z*j1 a]*aTZZq 4*W13*bSY1 ,T/ aWdfO 1 ˙S,Tbnaq w *`b\,d +*jbdx 4* 5 b`*,Zq 5=== `\VdE ab\`TZV* 5=D

59E 5:D *M )Vd hTbVd ,V*4T,Vd /*, ıada T h\O Yd y\-\ ]\aWT/\,ZSV*Y +dW\ ,*3WS,\ ]\O aWdf*bSaq ^ ^H +M T/ h\-\ 4*W13*bSY1 Z*j1 a]*aTZZqH

6:

ZqZ\abTE Z*Y ]\b`T+Z\ 4*]Sb*bS a1+1B w)V q ab*,Wpan /\ ,V*4T,\VE qVT -\,* /*2 a,\2Yd Z*`\/\,T , Z*j h*aH S q \/`*4d ,T/-dVdpanE hS 4,\WTV*pHx L)VD 7B5;MD ˛ ˚ ˚ ı ( ˙ ı ) • 5; b1]1` /1b*WnZTj1 ]\-\,\`TY\ ]`\ 4-*/*ZSy Z*]\h*bVd Z*]*/ ˘\š*D

\,Gq4*Z1 4 gSY ]`\`\gb,\ ,S-\W\O aS, ,*VdYD TZ aV*4*,B w \hd, q g1E T 4*b`1YbTW\ Y\2 Zdb`\C Z* ,Tabn ]`\ g1 dab* , Y1Z1 4*/`S3*WSD TWn ]`\O yY*2 Y\^ V\abTE T abd]ZT Y\^ ]T/\ YZ\p 4*fSb*WSanD ) 3/d a]\VTyZ\ Z* /1Zn Z1k*abq ,T/ \-* E k\+ d]*W\ Z* Z*O `\/ -`T4ZSf ,\`\-T, E qVSy Z* Z*a Z*]*/*2x L ,D 7B5:E \YDMD \hd,jSE k\ ,\`\-S Z*abd]*pbn Z* \3Sy Z*O `\/E ,*VdY 4Z1aSWS,aqE ,a1 , Zn\Yd abSaZdW\aqE T y\-\ dab* 4*b`1YbTWSD

W1 ]`\`\V a]\VTyZ\E 4 -\b\,ZTabp h1V*, ,1WSV\-\ /Zq -\,SE a]\/T,*pO hSan Z* \31 ,S4,\W1ZZqD \WS -`T4O ZT \`/S ˘\š* Z*]*/dbn Z* Z*aE Y*O +dbnE Z*Y b13 +d/1 ab`*jZ\D /Z*V YS Y\31Y\ Y*bS b*Vd 3 d]1,Z1ZTabn d `qbT,ZTy aSWT -\,SE qV ,*VdY L ,D 7B5<E 5=MD 5< `S ]`SVW*/SE qVT YS `\4-WqO ZdWSE +14]1`1hZ\ /\,\/qbnE k\ -\O ,* 4Z*2E qV ,S4,\WSbS a,Ty Z*`\/D •\-\ Z*YT` \+\,Gq4V\,\ a]\,ZSbnaqE ,TZ 4/\W*2 ,aTf a,\^f ,\`\-T,D ı qVk\ YS 4*WSjSY\aq ,T`ZSYS /\ VTZgqE b\ 4Y\31Y\ ]\+*hSbS gp aW*,1bZd ]1O `1Y\-dD qV -\,* /\]\Y*-*2 Z*Y 4+1`T-*bS Z1]\`\hZTabnH `\ g1 YS ]\-\,\`SY\ , Z*abd]ZTy ab*bbTD

5;D `\ k\ a,T/hSbn ]`\`\gb,\ ,*VdY* ab\a\,Z\ Z*]*/d Z* \3Sy Z*`\/H 5<D *M \Yd Z*Y Z1 aWT/ +\qbSaq ]`Sy/1jO Zn\-\ Z*]*/dH +M #\ YS `\4-WqZ1Y\ , Z*O abd]ZTy ab*bbTH

59 ı ) 6>56

) ˙ ) ı ) w *aDDD 4*,/qVS ,T`T \3* aSW* \f\`\Zq2 /Wq a]*aTZZqE qV1 -\b\,1 4Gq,SbSaq , \ab*ZZTy h*a x L5 ˚ D 5B8E 9MD

) ı˙ ı H

)V -\,* ]`S,T, Z*a /\ ]`*,/SH

#\ aWT/ `\+SbSE *+S -\,* ]`\,*/S, Z*a a,\^YS ]\`*/*YSH

)VSY hSZ\Y -\,* ]T/+*/n\`p2 Z*aH

,Sb`SY*2 /\ VTZgqE b\y a]*a1bnaqx L *b,D 68B57MD SYS aW\,*YS ıada ]T/O V`1aWS,E Z*aVTWnVS ,*3WS,\ 4+1`T-*bS Z1]\`\hZTabn /\ VTZgqE qVk\ YS f\h1Y\ ]1`1O 3SbS 4ZSk1ZZq a,Tbd *b*ZSD W1 -\,* Z1 \hTO Vd2E k\ YS ,Sab\^Y\ WSj1 4*,/qVS ,W*aZTy aSO WT b* Yd/`\abTD T+WTq 4*]1,Zq2 Z*aB w \- ,T`ZSyE T ,TZ Z1 /\4,\WSbnE k\+ ,*a a]\Vdj*WS +TWnj1E ZT3 Y\31b1 ,Sb`SY*bSE * ]T/ h*a a]\VdaS ]\V*O 31 y ,SfT/E k\+ ,S 4Y\-WS ^ ^ 4Z1abSx L5 \`D 5>B57MD #\ \4Z*h*pbn gT aW\,*H 6 -\,* Z1 /\]daV*2 a]\VdaE qVSf YS Z1 Y\-O WS + ,Sb`SY*bSD ˙Wq gn\-\ ,TZ Y*2 `\4dYTO bS Z*aE Z*jT b`d/Z\kT T Z*jT Y\3WS,\abTD S \- a]`*,/T /\+`1 Z*a 4Z*2H *VD ˛ T+WT^ ,S/O Z\E k\ \-d ,T/\Y\E VSY YS 2 ,a1`1/SZTD TZ 4Z*2 ,a1 ]`\ Z*j1 +d/1ZZ1 3Sbbq T ]`\ Z*jT 4,ShVSD -\,* Z*,Tbn Y\31 `\4]T4Z*,*bS Z*O jT /dYVS b* Z*YT`S a1`gqD L `\hSb*yb1 a*O W\Y 57=B5P :MD 7 S a1Y\-dbZTy \- /TyaZ\ gTV*,Sbnaq ]`\aO bSYS aY1`bZSYS Wp/nYSH a*WY\a]T,1gn `\4O /dYd,*, Z*/ gSYD TZ 4*]Sb*, -\,dB w \WS +*O hd ,\^ Z1+1a* P /TW\ ]*WngT, ,\^fE YTaqgq y 4\`TE k\ S ,ab*Z\,S,EP b\ k\ 2 Wp/SZ*E k\ S ]*YGqb*2j ]`\ Z1^E T aSZ Wp/anVSyE ]`\ qV\-\ S 4-*/d2jHx L aD <B8E 9MD h1,S/Z\E d ˙*,S/* ,SZSVW\ b*V1 ]Sb*ZZqE +\ ,TZ ,T/hd,*, Z* a\O +T ZT3Zd bd`+\bd -\,SD n\-\ Z*yY\W\/j\-\

w

5E 6D *M \Yd YS ,]1,Z1ZTE k\ \- /\]\Y\31 Z*Y ,SO ab\qbS /\ VTZgqH +M *aVTWnVS /\+`1 -\,* 4Z*2 V\3Z\O -\ 4 Z*aH 7E 8D *M )V 4 3Sbbq ˙*,S/* ,S/Z\E k\ -\,* 4,*3*2 Z* V\3Zd Wp/SZdH +M )Vd /S,\,S3Zd ]`*gp -\,* ,SV\O Zd2 an\-\/ZTH

6;

aSZ* aa1q \- ,,*3*, wYd31Y 4* a1`g1Y ,\^Yx T ,4q, y\-\ w4 ]*a\O ,SanV*E qV f\/S,DDD 4* \b*`\pE k\+ ,TZ ab*, ,\W\/*`1Yx Z*/ ı4`* ^W1Y L5 *YD 57B58C 6 *YD ;B<MD \WS ˙*O ,S/ +d, k1 pZSY ]*abdf\YE ,\`1gn da1a,Tbd 4,1`b*, d,*-d Z* y\-\ /dYO VS b* Y`T^D q,SE k\ ,T/hd, ˙*,S/E da,T/\YS,jS g1I 8 -\,* T an\-\/ZT gTV*,Sbnaq V\3O Z\p Wp/SZ\p \a\+Sab\D TZ 4+S`*2 wV\jb\,Z\abT ,aTf Z*`\/T,x d ]`*,O /S,\Yd ]\VW\ZTZZT T /\]\Y*-*2 a,\O ^Y aWd3Sb1WqY 4+1`T-*bS Z1]\`\hO ZTabn L -D 6B;MD )V \- ]T/b`SYd2 Z*aE *+S YS 4*WSj*WSan ,T//*ZSYS y\O YdH #\+ 4`\4dYTbS g1E a]\h*bVd `\4O -WqZnY\E qV ,TZ ]`S,\/Sbn Wp/1y /\ ]`*,/SD ˙ & ˙ ˚ ˚ 9

ıada aV*4*,B w˝\/Z* Wp/SZ* Z1 Y\31 ]`SybS /\ Y1Z1E qVk\ YTy *bnV\E qVSy ]\aW*, Y1Z1E Z1 ]`S,1O /1 ^ ^x Lı,D :B88MD T aW\,* ]\V*4dpbnE k\ +14 \3\^ ]T/b`SYVS YS Z1 Y\-WS ab*bS dhZqYS `Sab*D qV -\,* ]`S,\/Sbn aYS`1ZZSf Wp/1y /\ a,\O -\ SZ*H ˛*,/qVS ]`\]\,T/d,*ZZp /\+`\^ Z\,SZS T /T^ a,qb\-\ /dfdD *O ]`SVW*/E ]T/ h*a \/ZT2^ YTaT\Z1`anV\^ ]\/\`\3T *,W\ 4T a,\^YS b\,*`Sj*O YS d SWS]*f 4dab`T, 3TZVdE Z* TYGq T/TqE T ]\/TWS,aq 4 Z1p 4,TabV\p ]`\ *`ab,\D Z*bfZ1ZTy `\4]\,T/T hSO b*2Y\B w -\,* ,T/V`S, ^ ^ a1`g1E k\+ ,\Z* 4,*3*W* Z* *,W\,T aW\,*xD \ a,\^Y /df\Y /\]\YT- T/T^ 4`\4dYTbS 4,TabVdE T , `14dWnb*bT ,\Z* b* ^ ^ /\O Y*jZT \f`1abSWSaq L˙T^ 5:B57P59MD : /Z*V ]`SVW*/ T/T^ Z1 2 ,SZqbO V\,SYD )Vk\ bS ]`Sa,qh1ZSy f`SaO 9D )V -\,* ]`S,\/Sbn Wp/1y /\ a,\-\ SO Z*H *,1/Tbn ]`SVW*/D :D ˛*,/qVS h\Yd YS ]`SyjWS /\ ]`*,/SH

6<

bSqZSZE b\ \- b*V\3 ]`S,T, b1+1 /\ ]`*,/SD *j Z1+1aZSy *bnV\ 4Z*yO j\, d b,\2Yd a1`gT k\an /\+`1E b*V a*Y\ qV d a1`gT T/T^D \WS bS ]\O h*, ]`SaWdf*bSan /\ /\+`\^ Z\,SO ZSE -\,* a,\^Y /df\Y /\]\Y*-*, b\O +T 4+*-ZdbS ^ ^ L5 \`D 6B55E 56MD \ +W*-\aW\,Wq, b,\^ 4daSWWq 4*ab\a\O ,d,*bS +T+WTyZT 4Z*ZZqD TZ /d31 `*O /T,E V\WS bS ]`Sa,qbS,aq y\YdD ˙TyaO Z\E -\,* ]T/b`SYd2 b1+1 ,T/b\/TE qV bS ab*, Z* /\`\-d 3SbbqD ;

-\,* Z1 WSj1 /\]\YT- Z*Y `\4O ]\h*bS aWd3TZZqE *W1 y ]`\/\,3d2 ]T/b`SYd,*bS Z*aE k\+ YS 4*WSO j*WSaq y\Yd ,T`ZSYSD TZ `\4dYT2E k\ YS Z1 Y\-WS ]T4Z*bS ]`*,/d a*O Y\abTyZ\ T Z1 Y\31Y\ 4*WSj*bSaq , ZTy bTWnVS 4*,/qVS ,W*aZSY 4daSWO WqYD WSabT /\ ]\Y*4*ZSf f`SabSqZ *]\ab\W 1b`\ Z*]Sa*,B w *aDDD 4*,O /qVS ,T`T \3* aSW* \f\`\Zq2 /Wq a]*aTZZqE qV1 -\b\,1 4Gq,SbSaq , \aO b*ZZTy h*ax L5 1bD 5B8E 9MD 1,Z\p YT`\p gT aW\,* ab\adpbnaq ,aTf f`SaO bSqZE T b\Yd ,\ZS Y*pbn Z*a gTV*,SO bSD /31 +14 /\]\Y\-S -\,S YS Z1 , ab*ZT 4+1`T-*bS y\Yd ,T//*ZTabnD ;D ˛,T/VS YS 4Z*2Y\E k\ \- /\]\Y*-*2 Z*Y 4+1`T-*bS ,T//*ZTabnH

-\,* ]`S,T, b1+1 /\ ]`*,/S

˚ ı ı˙ ı <

1`14 bSaV 3Sbbq T ,W*aZd Z1/\O aV\Z*WTabn YS Y\31Y\ ,b`*bSbS /dO f\,ZSy 4T` T 4`\+SbS fS+ZSy V`\VE Z*,Tbn Z1 da,T/\YWpphS gn\-\D L `\O hSb*yb1 *W*bT, :B5MD 1 /\+O `1 TWpab`d2 ,S]*/\V 4 ˙*,S/\,\-\ 3SbbqD = \WS g*` *dW ]1`1aWT/d,*, ˙*O ,S/*E b\y ,Sq,Wq, Z1*+SqV1 a*Y\O ,W*/*ZZq T Z1 YabS,aq 4*4/`TaZ\Yd ]`*,Sb1Wp L5 *YD 68B7P<MD `\b1 Z1,/\,4T h1`14 a,\p Z1/\aV\Z*WTabn ˙*,S/ b*VS ]T//*,aq -ZT,dD )V\an ,TZ Z1 Y*, hSY Z*-\/d,*bS a,\^f WpO /1yE b\Yd b*Vb\,Z\ ]\]`\aS, f*`hT, d T4`* ^WnbqZSZ*E Z* TYGq *,*WD \WS *,*W 4T 4Z1,*-\p ,T/VSZd, ]`\f*ZO ZqE ˙*,S/ ,S`TjS, ,T/]W*bSbS y\Yd T ,SZSkSbS ,aTf h\W\,TVT, *,*W\,\O -\ /\YdD TZ Z1 da,T/\YWp,*,E k\E ,+S,jS Z1,SZZSf Wp/1yE abq-Z1 Z* a1+1 \ad/ -\,SD W1 , gp a]`*,d ,h*aZ\ ,b`dbSW*an /`d3SZ* *,*W*E

,Tš*^WE T \+1`1-W* ˙*,S/* ,T/ ab`*jO Z\^ ]\YSWVSD ˙*,S/ ]\+*hS, d gn\Yd `dVd -\,S T aV*4*, 3TZgTB w W*-\O aW\,1ZZSy \a]\/nE \- ı4`*^WT,E k\ ]\aW*, b1+1 Z* g1 Z*,]`\bS Y1Z1I ı +W*-\aW\,1ZZSy `\4dY b,TyE T +W*-\O aW\,1ZZ* bSE k\ ab`SY*W* Y1Z1 gn\O -\ /ZqE k\+ q Z1 ]Tj\, Z* ]`\WSbbq V`\,SE T k\+ `dV* Y\q Z1 ,T/TYabSW* 4* Y1Z1x L5 *YD 69B=P57E 65E 66E 76E 77MD 5> \-\ YS ,hSY\aq 4 gT2^ `\4O ]\,T/TH -\,* ]\aW*, ,Tš*^WE k\+ ab`SY*bS ˙*,S/* ,T/ fS+Z\-\ V`\O VdD \- `\+Sbn k\an ]\/T+Z1 y an\-\O

/ZTD ˛,TaZ\E Z*Y Z1 aWT/ \hTVd,*bSE k\ ,TZ 4*,3/S ]\aWd-\,d,*bSY1bnO aq qV\pan Wp/SZ\pE *+S 4*ab1`T-*bS Z*a ,T/ Z1]`*,SWnZSf dhSZVT,D *O V\3 YS ZTV\WS Z1 4Z*2Y\E qV a*Y1 \- /T2 , V\3ZTy \V`1YTy aSbd*gT^ *+\ ‹ k\ ,TZ /\]daV*2 /Wq 4/TyaZ1ZZq a,\O -\ Z*YT`d L˚VVWD 55B9MD ,bTYE YS Y\O 31Y\ Z1 adYZT,*bSanE k\ -\,T /\+`1 ,T/\YT Z*jT \+ab*,SZS T ,TZ /\]\Y\O 31 Z*Y 4*WSj*bSaq ,T`ZSYS y\YdD \- 4*]1,Zq2 Z*aB w) 4`\+Wp b1+1 Yd/`SYE T +d/d Z*,h*bS b1+1 d /\`\O 4TE qV\p bS +d/1j f\/SbSE ) /*Y b\O +T `*/dE \2 \V\ ,,*3*2 Z* b1+1x L aD 76B<MD )VSY hSZ\Y \- /*2 Z*Y ]\`*O /SH )V Z*Y h1`]*bS 4 ZSf ]\3Sb\VH ı 4,T/VS YS 4Z*2Y\E k\ , Z*j h*a -\,* ,1/1 a,Ty Z*`\/H ˛,1`ZTY\ d,*O -dE qV VZS-* +Gq,W1ZZq ]`\WS,*2 a,TbW\ Z* gT 4*]Sb*ZZqD ˝ı ˙ ˛ # ( & 55

<D 1`14 k\ YS Y\31Y\ 4`\+SbS fS+ZSy V`\VH

,S/TZZTE \]Sa*Z\Yd , 6OYd T 7OYd `\4/TW*f VZS-S +Gq,W1ZZqE ]`\aW*,W1ZSy ıada ]1`1,T`q2 aTY 4+\O `T, d *WTy 4T^D 1 ,S/TZZq ]\V*4d2E k\ `Sab\a +*hSbn Z1 WSj1 4*-*WnO Zd aSbd*gTp , 4+\`*fE * y V\ZV`1bO ZT ,S]*/VSD ıZ\/T ,TZ Z*,Tbn 4-*/d2 \V`1YSf \aT+ T k\`*4d f,*WSbn 4+\O `S *+\ /*2 a,\2h*aZd ]\`*/dD )V g1 ,S/TZZq ab\ad2bnaq Z*aH TY 4+\`T, aSY,\WT4dpbn ]\Y*4*ZSf f`SabSqZ ]TaWq 5=58 `\VdD ıE f\h* ıada /*,*, ]\`*/S Z*a*Y]1`1/ ]\Y*4*ZgqYE ,\O ZS Y\3dbn +dbS V\`SaZSYS /Wq ,aTf adh*aZSf 4+\`T, \3\-\ Z*`\/dD \3 /\`1hZ\ 4`\+SbS ,SaZ\,\VE k\E ]\aWd-\,dphSan SZ\YE -\,* ,1/1 a,\^f aWd3Sb1WT, d Z*jT /ZTD )V Z*Y h1`]*bS ]\3Sb\V 4 b*V\-\ ]`\,\/dH

=E 5>D )V -\,* ab`SY*, ˙*,S/* ,T/ fS+O Z\-\ V`\Vd T k\ TZ `\+Sbn /Wq Z*a an\-\O /ZTH

55D *aVTWnVS /\+`1 -\,* 4Z*2E k\ ,T/+dO ,*2bnaq , f`SabSqZanVSf 4+\`*fH

59 ı ) 6>56

6=

˙\b`SYdphSan \3Sf ]\`*/E YS \+1`T-*2Y\ a1+1

56

a\+Sab1 ,S,h1ZZq P g1 \/SZ 4T a]\a\+T,E qVSy /\]\Y*-*2 Z*Y h1`]*O bS ]\3Sb\V 4 ]`\,\/d -\,SD 1`14 ,T`Z\-\ T `\4ad/WS,\-\ `*+* \- /*2 +14WTh ]\`*/ L *b,D 68B89MD #\+ ,\ZS ]`SZ\aSWS Z*Y V\`SabnE YS Y*2Y\ ,S/TWqbS h*a Z* ,S,h1ZZq T 4*ab\a\O ,d,*bS b1E h\-\ Z*,h*2Y\aqD *VSY hSZ\Y -\,* Y\31 w\f\`\ZSbS Z*a ,T/ a]\bSV*ZZqx L(/S 68MD S +d,*O W\E k\E ]`\hSb*,jS qVdan ab*bbp d Z*jSf ]d+WTV*gTqfE bS ,T/hd,*,E ZT+S ,\Z* Z*]Sa*Z* a*Y1 /Wq b1+1H

`SyY*y ,S]`*,W1ZZq qV ]\`*/d ,T/ -\,SD \/T+Z\ /\ /`d-*E qVSy b\`V*O 2bnaq b,\-\ ]W1h*E k\+ ]`S,1`ZdbS d,*-dE -\,* 4* /\]\Y\-\p a,qb\-\ /dfd TZ\/T 4,1`b*2 b,\p d,*-d Z* b1E k\ b\+T Z1\+fT/Z\ 4YTZSbS , ]\,1/TZO gT hS f*`*Vb1`TD T//*phSan ,]WS,d a,qb\-\ /dfdE bS /\4,\Wq2j -\,T V1O `d,*bS b,\^YS V`\V*YSD L `\hSb*yO b1 a*W\Y 57=B67E 68MD \3 /d31 ,*3WS,\ ]`\*Z*WT4d,*bS a,\^ 4,ShVS k\/\ ,S,h1ZZqD 57 )Vk\ YS ]`Sa,qhd2Y\ `\4,*-*Y 4*+*-*b\ h*adE b\ y\-\ 4*+`*VZ1 /Wq 56D )V /\4,\WSbS -\,T V1`d,*bS Z*jSYS V`\V*YSH 57D \Yd ,*3WS,\ ]`\*Z*WT4d,*bS a,\^ 4,ShVS k\/\ ,S,h1ZZqH

7>

/\aWT/31ZZq T+WT^D /SZ +`*b aV*O 4*,B w `\ \a\+Sab1 ,S,h1ZZq b*V W1-O V\ 4*+dbSI n\-\/ZT `\4,*-S /\abd]O ZTE qV ZTV\WS `*ZTj1E T ,31 Z1 2 b*VSYS /\`\-SYSD ˙\ab*bZn\ d,TYVO ZdbS b1W1,T4\`E V\Y]Gpb1` hS ,4qbS /\ `dV b1W1e\ZxD *`b\ Z*Y ,b`*bSO bS ]SWnZTabnE T `\4,*-S ]\hZdbn 4*O yY*bS hTWnZ1 YTag1 , Z*j\Yd 3SbbTE * 4YTab\,Z1 ,S,h1ZZq ,T/Ty/1 Z* /`dO -Sy ]W*Z L˚eD 9B59P5;MD \Yd 4*]SO b*y a1+1B w)V h*ab\ q -WS+\V\ /\O aWT/3dp \31 W\,\H TWnVS b\/TE V\WS Y*p ,S-\W\aSbS ]`\Y\,d *+\ ]T/-\bd,*bS ]dZVb Z* 4T+`*ZZTHx )VO k\ b*VE b\ Z*Y aWT/ 1e1VbS,ZTj1 ,SO V\`Sab\,d,*bS ,1hT`E ,T/,1/1ZSy /Wq aTY1yZ\-\ ]\VW\ZTZZq hS \a\+Sab\-\ ,S,h1ZZqE T /\`\3SbS Yd/`TabpE qVd /*2 -\,*E k\+ \f\`\ZqbS Z*a /Wq a]*aTZZq L `S]D 6B5P9MD ı˙ ˙& ( ı ˛ ı ( 58

3SbbT ˙*,S/* +dW\ hSY*W\ ,*3VSf aSbd*gTy L5 *YD 7>B7P:MD ˙*,S/\,T Z*bfZ1ZT aW\,* ]\V*4dpbnE k\ -\,* /\+`1 `\4dYT, y\-\ ]1O `13S,*ZZqD L `\hSb*yb1 a*W\Y 78B5=C 9:B=MD \- `\4dYT2 T Z*jT ]\O hdbbqD TZ +WS4nVSy /\ Z*aE V\WS YS ]`S-ZTh1ZT T Z*j1 a1`g1 `\4+Sb1D a,T/\YW1ZZq gn\-\ ]\bTj*2 Z*aE qV a,\-\ h*ad ˙*,S/*D TZ aV*4*,B w) +dO /d `*/TbS b* bTjSbSaq , ,\^y YSW\aO bTE k\ ]\+*hS, S -\`1 Y\2E k\ ]`SO -WqZd,aq S /\ aV\`+\bS Y\2^ /djTx L aD 75B<MD -\,* Z1 WSj1 ]\YTh*2 Z*O jT b`d/Z\kTE * y 4YTgZp2 Z*a T ]T/O +*/n\`p2D TZ `\+Sbn g1E ]`SYT`\YE Z* f`SabSqZanVSf 4T+`*ZZqfD 59 T/,T/d,*ZZq 4T+`*Zn ]`SZ\O aSbn V\`SabnE qV ,S/Z\ 4 ]`SVW*O 58D )V ,qb1 SanY\ ]\V*4d2E k\ -\,* 4,*3*2 Z* Z*jT ]\hdbbqH 59D \-\ YS ,hSY\aq 4 ]`SVW*/d a*e*H

59 ı ) 6>56

/d ]a*WY\a]T,gq a*e*D \4/dYdpO hS ]`\ ]\,ap/Zd Z1a]`*,1/WS,TabnE ,TZ ]\h*, adYZT,*bSaqE hS ,*`b\ aWdO 3SbS \-\,TD a*e /d31 4Z1\f\bS,aq T ,S`*4S, a,\^ ]\hdbbq b*VSYS aW\O ,*YSB w \WSbn Y\2 a1`g1E T , Zdb`T Y\^Y V\W1xD a*WY\a]T,1gn Y*W\ Z1 ]\VSZd, aWd3TZZq -\,TD #\ /\]\O Y\-W\ a*e\,T ,S]`*,SbS a,Ty aVW*/ `\4dYdH w `Syj\, q , \3d a,qbSO ZpxEP aV*4*, ,TZD 1`1+d,*phS a1O `1/ ]\VW\ZZSVT, -\,SE a*e 4YTO ZS, a,\2 YSaW1ZZqD TZ 4`\4dYT,E k\ da]Tf +14+\3ZSf Wp/1y bSYh*a\,Sy T k\ a,\-\ h*ad -\,* \+\,Gq4V\,\ `\4ab*,Sbn da1 ]\ YTagqf L aD ;7B6E 57P66MD S b13 h*a\Y ]\hd,*2Y\anE qV a*eD *a Y\31 ]`S-ZThd,*bS Z1O a]`*,1/WS,TabnE qV* ]*Zd2 d a,TbT *O b*ZSD W1 a]TWnZT 4T+`*ZZq 4 \/Z\,T`O gqYS ,T/a,T3*pbn Z*a T ,T/Z\,Wppbn Z*jd `*/Tabn d aWd3TZZT \-\,TD 5: k\E V\WS h1`14 ]1,ZT \+ab*O ,SZS , 4+\`T b\+T ,*3V\ ,T/,T/d,*O bS 4T+`*ZZqH V*3TY\E bS ,b`*bS, qVTan ]\h1aZT \+\,Gq4VS T b1]1` ]\hdO ,*2jaq ZTqV\,\D +\ 3 d b1+1 ,SO ZSVW\ Z1]\`\4dYTZZq 4 +`*b\Y hS 5:D SY /Wq Z*a V\`SaZSy ]`SVW*/ ZZSH

* 4T+`*ZZqf YS \b`SYd2Y\ ]T/+*/n\`1ZZq

a1ab`\pD b*V\Yd `*4T b\+T /\]\O Y\31 ]`SVW*/ ZZSD L `\hSb*yO b1 5 *Yd ^W* 5B8P<MD \Z* +dW* /d31 ]`S-ZTh1Z* h1`14 1ZTZdE TZO jd /`d3SZd a,\-\ h\W\,TV*D Sbd*O gTq ab*,*W* \a\+WS,\ +\Wph\p /Wq Z1^ b\/TE V\WS gTW* ^fZq aTYGq k\`\Vd yjW* , "TW\E k\+ ]`SZ1abS 31`b,d \-\,TD ZZT +dW\ Z*abTWnVS ,*3V\E k\ w,\Z* ]W*V*W* y Z1 ^W*xD a1 3 gq 3TZV* Z1 ]1`1ab*,*W* ,T/,T/d,*bS YTag1 ]\VW\ZTZZq -\,TD \- +*hS, ^ ^ ,T`ZTabn T ]\+W*-\aW\,S, ^ ^ L5 *YD 5B55E 6>MD 5; dh*aZSY f`SabSqZ*Y ,*`b\ Z*aWT/d,*bS ]`SVW*/ ZZSD *Y ]\b`T+Z\ `1-dWq`Z\ ,T/,T/d,*bS 4TO +`*ZZqD \31Z 4 Z*a Z* ,W*aZ\Yd /\a,T/T ]1`1V\Z*,aqE k\ Z* 4T+`*ZO Zqf YS \b`SYd2Y\ ]T/+*/n\`1ZZq L ,`D 5>B68E 69MD 1]W* *bY\ae1`* f`SabSqZanV\-\ +`*b1`ab,* 4T-`T,*2 Z*aD ıZ\/T qV*an /dYV* 4 ]`\Y\,S *+\ hSyan V\Y1Zb*` b\`V*2bnaq Z*j\-\ a1`gqD Ë™\ *+\ ]TaWq 4T+`*ZZq \/Z\,TO `1gn Y\31 Z*a ,SaWdf*bS T `\4`*/SO bS L `S]D 59B67C 5;B5;MD V\WS YS Z1a1Y\ f,*Wd -\,T , ]TaZqfE Z*j Z*O ab`Ty ]T/ZTY*2bnaqD S \a\+WS,\ ]\O b`1+d2Y\ ]T/+*/n\`1ZZqE qVk\ Z*a b`S,\3*bn w/dYVS +\WphTxD *Y1 Z* 4T+`*ZZqf -\,* ]\bTj*2 Z*a T 4YTgO Zp2 Z*j1 +*3*ZZq 4*WSj*bSan y\O Yd ,T`ZSYS L aD =8B5<E 5=MD 5< S ]\h d,*2Y\aq +14]1hZ\ , bd`+\bWS,Sf `dV*f -\,SD #\an ]\O /T+Z1 ,T/hd,*, a*eE qVSy a]T,*, \O -\,TB w S /1`3Sj Y1Z1 4* ]`*,SgpE S ,\2p ]\`*/\p ,\/Sj Y1Z1x L aD ;7B67E 68MD *aVTWnVS 3 YS ,/qhZTE k\ -\,* w\f\`\Zq2 Z*a /Wq a]*aTZO ZqxI 5;E 5<D *M )V Z*a ]T/+*/n\`ppbn 4T+`*ZO ZqH +M #\ bS ,T/hd,*2jE `\4/dYdphS ]`\ ZT3Zd bd`+\bd -\,SH

75

S ,S d,*3Z\ hSb*WS Z1/*,ZT Z\Y1`S w *`b\,\^ +*jbSxH \/T ]1`1,T`b1E hS Y\31b1 ,T/]\,TabS Z* b*VT 4*]Sb*ZZqB

\Yd ]`SVW*/ \W\Y\Z* 2 4*ab1`13WS,SY /Wq Z*aH

\- +W*-\aW\,Wq, g*`q \W\Y\Z* T ]\aWd-\,dO ,*,aq ZSY qV a,\^Y aWd3Sb1W1YD W1 Z* ]1,O Z\Yd 1b*]T a,\-\ ]`*,WTZZq \W\Y\Z ]1`1ab*, ]`SaWdf*bSaq /\ \3Sf ]\`*/D TZ \/`d3S,aq Z* q4ShZSgTE e*`*\Z\,Ty /\hgTE T ,4q, a\+T +*-*O b\ TZjSf 3TZ\VD Ë› h*a\Y gT 3TZVSOq4ShZSgT ]`SfSWSWS y\-\ /\ e*WnjS,\-\ ]\VW\ZTZZqD *Y aWT/ \ab1`T-*bSaqE k\+ ]\abd]\,\ , Z*a Z1 `\4,SZdWSan Z1]`*,SWnZT ]\-Wq/S hS ]`*-Z1ZO Zq L \,bD ;B5P8C 5;B5;C 5 *`D 55B8P<MD L59D56E ab\`TZVS 5>P56MD

\Yd *``d Y\3Z* ,,*3*bS ]\+\3Z\p 3TZO V\p T /\+`\p /`d3SZ\pH

)VT ]\/T^ ,T/+d,*bSYdbnaq ]1`1/ `Y*-1//\O Z\YH

*`\/S \a\+WS,SY hSZ\Y ]`\-\W\aqbnB w S` T +14]1V*Ix L5 1aD 9B7MD \bTY d`q/S ,SabdO ]Wqbn ]`\bS e*WnjS,\ ^ `1WT-T ^ L +Gq,D 5;B59P5<MD TaWq gn\-\ ,T/+d/1bnaq Z*]*/ Z* ]`*,/S,Sf ]\VW\ZZSVT, \-*E T b\/T ]`Sy/1 VTO Z1gn L5D6E ab\`TZV* =MD

#\ `\+SbSE *+S , Z*a Z1 ,SZSVW* 4*4/`TabnH

˙Wq gn\-\ Z1\+fT/Z\B `\4,S,*bS +`*b1`anVd Wp+\,E a]TWVd,*bSaq 4 \3SYS aWd3Sb1WqYSE Z*Y*-*bSan `\+SbS TZjSY /\+`\ T w`*/TbS 4 bSO YSE fb\ `*/T2x L SYD 56B59MD L59D6E ab\`TZVS 5:E 5;MD

\WS \- Z*V*4*, ,`**Y\,T ]\VSZdbS `E g1 \4Z*h*W\ ]\WSjSbS `\/SZdE /`d4T, b* 4`dhZT dY\,S 3Sbbq T ]TbS , Z1,T/\Y\Yd Z*]`qYVdD *``* ]T/b`SY*W* h\W\,TV*E +d/dhS ,]1,Z1Z\pE k\ \- ^ ^ ]\+W*-\aW\,SbnD \Z* ]\,*3*W* ,`*O *Y* T ,Sq,WqW* ]`1V`*aZT `SaS L5D5E ab\`TZV* <MD

\Yd -\,* aV*4*, ,`**Y\,T ]`SZ1abS , 31`b,d a,\-\ dWp+W1Z\-\ aSZ*H

b\ `\4Y\,Wq2 Y\,\p Z*d*bWn T qV* `\+\b* ,SV\Zd2bnaq 4*/Wq gSf Wp/1yH

1 Y\,* ab*`\/*,ZTf *gb1VT,E qV\p d 1VaSgT an\-\/ZT `\4Y\,Wq2 ]`S+WS4Z\ ]T,b\`* YTWny\O Z* Wp/1yD ,T/VS ]`\]\,T/dpbn Y\,\p Z*d*bWn T ,S/*pbn gT2p Y\,\p /1qVT ]d+WTV*gT^ L5D7E ab\`TZVS 57E 58MD

)VT ]`SZgS]S aWT/ ]*YGqb*bSE /*phS ]\`*/SH

*3WS,\ ]*YGqb*bSE k\ ,a1Ob*VS \- Z1 /\4,\O WS, ,`**Y\,T ]`SZ1abS ıa*V* , 31`b,dD * gn\Yd ]`SVW*/T -\,* ]\V*4*,E h\-\ y\Yd V\jO bd,*bSY1 ]`SZ1abS , 31`b,d a,\-\ SZ*E ıada* L5D5E ab\`TZV* 67MD

ZSV*y d adbn a]`*,SD 1 /*,*y ]\a]TjZSf ]\O `*/D YS`1ZZ\ aV1`\,dy d,*-d Z* \31 W\,\D SV\`Sab\,dy b1\V`*bShZd +T+WT\b1VdD 1 ]`SO yY*y `Tj1Zn 4* TZjSf L59D7E ab\`TZVS ;P=MD

Ë›,T/VS YS 4Z*2Y\E k\E ]\hSZ*phS 4 I ab\WTbbqE Z* 41YWT 4*,3/S +dWS ]\Y*4*ZT f`SabSqZSH

ıada\,\Yd ]`SVW*/T ]`\ ]j1ZSgp T +d`GqO ZS w/\+`1 Z*aTZZqx aSY,\WT4d2 waSZT, g*`ab,*x L *b,D 57B68P7>E 7<MD j1ZSgq Y*W* `\abS `*O 4\Y 4 +d`GqZ*YS *3 /\ 3ZS,D \h* YS Z1 4Z*2O Y\ b\hZ\E fb\ a*Y1 Z*W13*, /\ VW*ad ]j1ZSgTE *W1 Y\3Z* aV*4*bSE k\ b*VT \a\+S +dWS , daT h*O aS L59D5E ab\`TZV* ;MD

www.watchtower.org/k

#\ Y*, Z* d,*4T ıadaE ]\`*/S,jS a,\^Y aWdf*O h*Y ]`\f\/SbS /,T YSWTH L *b,D 9B85MD b\y h*a ı4`* ^Wn ]1`1+d,*, ]T/ ,W*/\p `SYO WqZE qVT Y\-WS 4*Wdh*bS a,\^f ]T//*ZSf /\ ]1,O ZSf `\+TbD \YdE V\WS ıada `*/S, a,\^Y aWdf*O h*Y ]`\f\/SbS /`d-d YSWpE ,TZ 4*\f\hd,*, ^f +14 Z*`TV*Zn ,SV\Zd,*bS ]\,SZZ\abTE qVT ,W*O /* 4*V\ZZ\ ,SY*-*W* ,T/ -`\Y*/qZ L5D8E ab\O `TZV* =MD w12 04/15-K

Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.