AMERITOR SECURITY TRUST
485BPOS, EX-99.Y, 2000-11-01
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     Exhibit (y)(iv):  Consent of Tait, Weller & Baker, LLC, Independent Public
     Accountants, with respect to the Ameritor Security Trust






               CONSENT OF INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS




We  consent  to the use of our  report  dated  August 2,  2000 on the  financial
statements and financial  highlights of Ameritor  Security Trust. Such financial
statements and financial highlights appear in the June 30, 2000 Annual Report to
Shareholders  which is  incorporated by reference in the Statement of Additional
Information  filed  in the  Registration  Statement  of Form  N-1A  of  Ameritor
Security  Trust.  We  also  consent  to  the  references  to  our  Firm  in  the
Registration Statement and Prospectus.





                                                 TAIT, WELLER & BAKER

Philadelphia, Pennsylvania
October 26, 2000






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