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...tough economic times, the huge appetite for cheap "Saturday-night- sp ecials" -- or both? Last week Colt's Manufacturing Co., a leading maker of commercial and military firearms, filed for bankruptcy under Chapter 11. A $10 million line of credit proffered by the Connecticut Development Authority and an Austrian bank, Creditanstalt, should give the company, the seventh largest gun producer in the U.S., time to reload and reorganize...

Author: /time Magazine | Title: Manufacturing: Guns 'n' Losses | 3/30/1992 | See Source »

There was a time when Colt's .45 revolver was synonymous with the Wild West. But a decline in military and police orders for quality weapons, foreign competition and a seemingly insatiable public hunger for automatic weapons and cheap handguns combined to stifle the 156-year-old firm...

Author: /time Magazine | Title: Manufacturing: Guns 'n' Losses | 3/30/1992 | See Source »

...Kennedy's killing, Oswald was shot to death in the basement of Dallas' municipal building by strip-joint operator Jack Ruby as a stunned nation watched on live television. Last week the gun used in the killing went on the auction block in New York City. The .38-cal. Colt Cobra revolver, which Ruby had bought for $62.50 at a Dallas gun shop, sold...

Author: /time Magazine | Title: Auctions: Have Gun, Will Gavel: Have Gun, Will Gavel | 1/6/1992 | See Source »

Klinkenberg says he recently spent five days in the middle of Montana learning how to turn a colt into a trained horse...

Author: By Elie G. Kaunfer, | Title: Work Hard, Play Hard | 11/16/1991 | See Source »

Satan wanders. Evil is a seepage across borders, across great distances. Herman Melville, in Moby Dick, wrote that a colt in rural Vermont, if it smells a fresh buffalo robe (the colt having no knowledge or experience of buffalo, which lived on the plains) will "start, snort, and with bursting eyes paw the ground in phrenzies of affright. Here thou beholdest even in a dumb brute the instinct of the knowledge of the demonism of the world...

Author: /time Magazine | Title: Evil | 6/10/1991 | See Source »

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