Word: wesson
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...euphoria stemming from the recent Smith & Wesson gun control accord has been doused with a cold shower of reality. Thursday, the gunmaker, which broke ranks with fellow manufacturers to strike a gun safety deal with the federal government, issued a "clarification" of the terms of their agreement, essentially removing the teeth from the groundbreaking deal. While government officials maintain that Smith & Wesson agreed to several initiatives, including restricting sales of the company's products to dealers who followed stringent background check and safety procedures, the company disagrees with that interpretation, dismissing the government's claims...
Americans have come to expect blood-on-the-floor rhetoric from hard-liners on gun control, but now more is escalating than rhetoric. The Gun Owners of America, described on its website as a "no-compromise gun lobby," has called for a boycott of Smith & Wesson, and one wholesaler has said it will stop buying the company's guns. This has prompted the attorneys general in three states--New York, Connecticut and Maryland--to launch an antitrust investigation into whether the gun industry is colluding to punish Smith & Wesson...
Rather, local dealers say, the Smith & Wesson agreement is unfair to them. They are upset less about the deal's most publicized element--to require safety locks on all handguns--than about other regulations in the 24-page agreement. For instance, to sell Smith & Wessons, dealers must require all employees to pass a written test on firearm safety. And they must agree to secure the guns in fireproof safes at night. "This store is a windowless block that hasn't had a robbery in 50 years," says Kay Miculek, owner of Clark Custom Guns in Princeton, La. "I'd have...
Secretary of Housing and Urban Development Andrew Cuomo, Clinton's man behind the Smith & Wesson agreement, must fight for the deal's survival by fighting for Smith & Wesson's survival. Last week he took part in a meeting of officials to get police departments to buy from the firm. State officials, meanwhile, began issuing subpoenas against other gun companies in search of evidence of collusion. To the gun lobby, this is merely the latest episode in the government's long campaign against its industry. Says Bill Powers, National Rifle Association spokesman: "They just want to sue everybody out of business...
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