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NRA-ILA FAX ALERT

(800) 392-8683 Fax: (703) 267-3918 groots@nra.org
Vol. 7, No.50 11250 Waples Mill Road, Fairfax, VA 22030 12/15/2000


S&W Just Doesn't Get It

"...[S&W] recently entered into a new agreement with anti-gun politicians... it is actually worse..."  


James Jay Baker
When Smith & Wesson (S&W) signed an agreement with gun-ban extremists within the federal government last March - an agreement often referred to as the S&W Sellout (Special FAX Alert, 3/20/00) - it was spurned with virtual unanimity by the firearms industry, the pro-Second Amendment community, and consumers. NRA-ILA Executive Director James Jay Baker decried the Sellout as "a futile act of craven self interest," and gun owners responded by refusing to purchase S&W products, leaving the company teetering on the precipice of financial disaster. Later in the year, S&W CEO Ed Schultz - one of the primary architects of the Sellout - was removed from his position, and speculation began that S&W might soon change its corporate policy.

Unfortunately, it appears that S&W has not learned its lesson. The company recently entered into a new agreement with anti-gun politicians, this time with the city of Boston, that is almost identical to the original. In the places it differs, however, it is actually worse.

For instance, the new agreement

  • sets more complicated standards for a mandatory second serial number, and

  • it is also more stringent in its requirement that S&W commit revenue to "smart" gun research.
Both of these features of the "Boston Sellout" are likely to result in added costs that will be passed on to those consumers who have not yet abandoned S&W, but may do so when they learn it is they who will be left shouldering the financial burden of propping up a company struggling with failing sales.

Perhaps most troubling, however, is that this latest capitulation to the gun-ban movement requires a "compliance liaison" from S&W to consult with the city on manufacturing compliance issues. In other words, politicians who wish to ban firearms will have a direct hand in how those firearms are designed and manufactured.

Obviously, the leadership change at S&W has not brought any new ideas to the company, and, in fact, may have exacerbated them. It continues to take action detrimental not only to itself, but to gun owners and the gun industry at large. It is sad to see a once proud gun company and industry leader following such a misguided path, but perhaps it will realize its error before doing any more harm to gun owners, or irreparable harm to itself.


Related Stories...
(10/20/00) S&W's Self-Imposed Woes Continue
(10/13/00) S&W CEO Shultz Gone
(07/28/00) S&W Sellout Saga Continues
(07/14/00) S&W Sellout Rejected For Treasury Department
(07/07/00) Smith & Wesson's CEO Remains in Hot Water
(06/16/00) S&W Sellout Leading to Financial Troubles?
(05/26/00) S&W Sellout rejected for U.S. Troops
(04/18/00) American Derringer Responds to the S&W Sellout **
(04/15/00) S&W Sellout Useless?
(03/24/00) Smith & Wesson SELLOUT Has No Effect On Rest Of Industry
(03/20/00) Smith & Wesson BETRAYAL Runs Deep
(03/17/00) Smith & Wesson Surrenders

 



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