SMITH & COMPANY
                          CERTIFIED PUBLIC ACCOUNTANTS

MEMBERS OF:                                          CRANDALL BUILDING SUITE 700
AMERICAN INSTITUTE OF                                10 WEST 100 SOUTH
       CERTIFIED PUBLIC ACCOUNTANTS                  SALT LAKE CITY, UTAH 84101
UTAH ASSOCIATION OF                                  TELEPHONE: (801) 575-8297
       CERTIFIED PUBLIC ACCOUNTANTS                  FACSIMILE: (801) 575-8306


December 30, 1995



Mr. Steve Christensen
The Canton Industrial Corporation
268 West 400 South, Suite 300
Salt Lake City, UT 84101

Dear Mr. Christensen:

Effective December 30, 1995, we will cease our services as your accountants.  We
have  reached  this  decision  reluctantly  and after  substantial  deliberation
because of our time commitments to other clients.

We wish to remind  you that you have  unpaid  invoices  totaling  $2,029.20.  We
expect payment in full of all of these invoices as soon as possible.

You should take immediate  steps to retain a new accounting  firm as there are a
number of accounting  matters that require  immediate  attention.  Those matters
include:

1.       Timely completion of your audit for your Form 10-K filing.

We will  cooperate  with  your new  accountants  in  addressing  these and other
matters.  To facilitate that process,  please send us a letter authorizing us to
make  disclosures  to  your  new  accountants.  Without  such a  letter,  we are
ethically  prohibited from  communicating  with others  regarding your company's
affairs.

We  look  forward  to  helping  you  make a  smooth  transition  with  your  new
accountants.

Very truly your,

Smith & Company

/s/ R. N. Smith

By: R.N. Smith