Explore The NRA Universe Of Websites

APPEARS IN News

The Smith & Wesson Sellout

Monday, March 20, 2000

On April 27, 1999, President Bill Clinton officially declared his Administration's war on American gun owners by identifying his enemy: "another culture in our country, that I think has gotten confused about its objectives (the) huge hunting and sport shooting culture in America."

Smith & Wesson, Inc., a British-owned company, recently became the first to run up the white flag of surrender and run behind the Clinton-Gore lines, leaving its competitors in the U.S. firearms industry to carry on the fight for the Second Amendment. Of course, there is no Second Amendment in Britain, where subjects are barred from owning handguns and many long guns.

In an act of craven self-interest, on March 17, 2000, Smith & Wesson (S & W) signed an agreement with the Departments of the Treasury and Housing and Urban Development in order to be dropped as a defendant in a handful of reckless lawsuits filed by municipalities against the firearms industry. Only a day after the settlement was announced, HUD Secretary Andrew Cuomo and the mayors of Atlanta, Detroit and Miami moved to shore up the S & W maneuver by promising to contort their procurement policies and purchase only the company's guns.

The media instantly portrayed the settlement as an agreement by S & W to adopt gun safety measures. In fact, the settlement doesn't merely alter the design of S & W handguns--it elevates S & W to the role of self-appointed arbiter of national gun policy.

Distributors and dealers who want to continue to sell S & W products will be forced to agree to a wish list of gun-prohibitionist demands such as: 14-day waiting periods, bans of affordable self-defense handguns, paying for anti-gun advertising, to name a few.

"I'm not willing to be a pawn in a political chess game," S & W CEO Ed Shultz is quoted in the March 27, 2000, edition of Newsweek. Yet by signing this sweeping agreement, Shultz has become exactly that, manipulated by the Administration into executing a "settlement" that is widely portrayed as a political victory for the White House.

Yet the agreement dispenses with only a third of the municipal lawsuits, and binds only two federal agencies and two state attorneys general from filing suits in the future. The remaining city suits are unaffected, and other state and federal agencies can continue to threaten the industry at will. The price of S & W's maneuver falls primarily on others--lawful firearm dealers, distributors, other manufacturers and law-abiding American citizens.

Here are just some of the terms of the S & W/Clinton-Gore Administration agreement:

CONSUMER IMPACT . . .

  • Prohibited from buying more than one handgun in a 14-day period.
  • Prohibited from buying a firearm without passing an unspecified safety test.
  • Prohibited from buying a self-defense handgun that did not meet arbitrary accuracy standards.
  • Prohibited, if under age 18, from even walking into the firearms section of a sporting goods store unless accompanied by a parent or guardian.

DEALER IMPACT . . .

  • Prohibited from selling legal semi-automatic rifles, commonplace ammunition magazines and firearms that do not meet the difficult standards established in the agreement.
  • Prohibited from selling firearms at any gun show where any legal private sale is conducted.
  • Required to include with every firearm sold, a false written statement in large bold-face type that hundreds of children die each year from firearm accidents.
  • Required to carry $1 million in liability insurance and perform tasks properly handled by law enforcement to comply with the edicts of a new "Oversight Commission."

MANUFACTURER IMPACT . . .

  • Prohibited from marketing any firearm in a way that appeals to young shooters and hunters.
  • Required to dedicate 1% of revenues to a propaganda campaign promoting the dangers of gun ownership.
  • Required to support legislative efforts to reduce firearms misuse and development of "smart" gun technology.
  • Required to "ballistically fingerprint" every firearm, thus setting up backdoor national firearms registration.
  • Required to meet certain unproven design standards for handguns sold only to civilians--guns sold to military and police would be exempted, thereby showing the intent is not to make guns safer or better, but to impose standards that will ultimately eliminate sales, to private citizens.
  • Required to manufacture pistol with positive, manually-operated safety devices as determined by BATF standards applying to imported handguns. BATF has repeatedly handed down politically-driven misinterpretations of the "sporting purposes" importation law, to prohibit many semi-auto rifles and handguns.

CONCLUSION:

Sold as getting S & W out from under reckless litigation, the true intent of this agreement is to force down the throats of an entire lawful industry anti-gun polices rejected by the Congress, rejected by legislatures across America, and rejected by the judges who have dismissed their lawsuits in whole or in part nearly without exception.

IN THIS ARTICLE
Handguns Reckless Lawsuits
TRENDING NOW
North Carolina: Update on Permitless Carry

Monday, November 17, 2025

North Carolina: Update on Permitless Carry

Last week the North Carolina General Assembly briefly returned from recess and re-referred Senate Bill 50, Freedom to Carry NC, to the House Rules Committee.

Gun Control Advocates Hope to Create Patchwork of Peril to Suppress Civil Rights

News  

Monday, November 24, 2025

Gun Control Advocates Hope to Create Patchwork of Peril to Suppress Civil Rights

Preemption laws offer legal protection for gun owners, but only when they are enforced.

Stemming the Criminal Tide in Chicago—Feds Step Up Enforcement

News  

Monday, November 24, 2025

Stemming the Criminal Tide in Chicago—Feds Step Up Enforcement

In August, the Trump White House released an article titled, Yes, Chicago Has a Crime Problem — Just Ask its Residents, which pointedly noted that for “13 consecutive years, Chicago has had the most murders of ...

Florida: Age Discrimination Bill Passes First Committee Hurdle

Wednesday, November 19, 2025

Florida: Age Discrimination Bill Passes First Committee Hurdle

Yesterday, the House Criminal Justice Subcommittee voted 11-5 to favorably report pro-gun House Bill 133, which restores the ability for young adults to lawfully purchase firearms. HB 133 is expected to receive a hearing in the ...

Ruger Next Target in Threat-Based Gun Control

News  

Monday, November 17, 2025

Ruger Next Target in Threat-Based Gun Control

The inch was seemingly given, so it is not surprising to see pursuit of the mile.

Argentina Continues to Move Towards Freedom

News  

Monday, November 17, 2025

Argentina Continues to Move Towards Freedom

Here in America, we are blessed with the Second Amendment.  Anti-gun extremists have long tried to eliminate it with the proverbial death by a thousand cuts, chipping away at it with countless laws designed to impose ...

NRA Files Amicus Brief Urging SCOTUS to Invalidate Hawaii Carry Restriction

Monday, November 24, 2025

NRA Files Amicus Brief Urging SCOTUS to Invalidate Hawaii Carry Restriction

Today, the National Rifle Association and the Independence Institute filed an amicus brief in Wolford v. Lopez, a case before the U.S. Supreme Court challenging Hawaii’s law that forbids carrying on private property open to the ...

California: Governor Newsom Signs Gun Control Bills Into Law

Monday, October 13, 2025

California: Governor Newsom Signs Gun Control Bills Into Law

For someone who has claimed to be"...deeply mindful and respectful of the Second Amendment and people’s Constitutional rights,” Governor Gavin Newsom has once again proven that actions speak louder than words.

Missouri: Governor Signs Proclamation Recognizing Wild Game Meat Donation Month

Thursday, November 20, 2025

Missouri: Governor Signs Proclamation Recognizing Wild Game Meat Donation Month

Recently, Governor Mike Kehoe signed a proclamation designating November of 2025 as Wild Game Meat Donation Month in Missouri.

Delaware: Permit to Purchase Goes Into Effect

Friday, November 21, 2025

Delaware: Permit to Purchase Goes Into Effect

On Monday, Permit to Purchase legislation went into effect in Delaware. The new law imposes a Maryland-style “handgun qualified purchase card” and a handgun transfer registry.  

MORE TRENDING +
LESS TRENDING -

More Like This From Around The NRA

NRA ILA

Established in 1975, the Institute for Legislative Action (ILA) is the "lobbying" arm of the National Rifle Association of America. ILA is responsible for preserving the right of all law-abiding individuals in the legislative, political, and legal arenas, to purchase, possess and use firearms for legitimate purposes as guaranteed by the Second Amendment to the U.S. Constitution.