There is no mystery and the facts were well known at the time. IIRC, the story, much abbreviated, goes like this.
Andrew Cuomo, then Clinton's HUD secretary and a fanatic anti-gunner, was crusading against guns, especially easily concealed small revolvers. He first threatened Colt with lawsuits intended to bankrupt the company. Already losing money on their small guns (Cobra, Detective Special), Colt folded and just stopped making all its double action revolvers.
S&W was in better financial shape and tougher but, faced with the full power of the federal government, unfriendly courts, and the potential of losing millions in hostile lawsuits, they finally gave in and signed an agreement with the feds. It called for a number of changes in their sales policy and in the guns themselves, specifically the installation of some form of locking device that could be engaged to keep unauthorized persons (mostly children) from using the gun. (Other companies were also coerced to install a lock, but most managed to make them less conspicuous than the S&W method.)
S&W set out to redesign their line to accommodate a lock. In the meantime, the anti-gun Democrats lost the next election and the new (Bush) administration indicated it would not hold S&W to the agreement, even though the company did make some other changes in their sales policies. AFAIK, the agreement is technically still in effect, since any contract by a company is automatically assumed by a successor company.
Then S&W changed hands, but with the agreement still in effect, even if not being enforced, and the major re-tooling costs already done, S&W went ahead with the lock.
Many gun owners saw the lock as a "sell out" (even though the new company had no part in the agreement) and really went after S&W, in often extreme ways. Swearing never to own another S&W product was common, and a valid method of complaint. But at least one person threatened to blow up the factory, and another said he would kill S&W employees and dealers. Rumor had it that federal warrants were served on some web sites to identify posters and some people were arrested, but I can't confirm that.
Is the above accurate? Perhaps not, but it is the way I recall it. Maybe others will comment.
Jim
Andrew Cuomo, then Clinton's HUD secretary and a fanatic anti-gunner, was crusading against guns, especially easily concealed small revolvers. He first threatened Colt with lawsuits intended to bankrupt the company. Already losing money on their small guns (Cobra, Detective Special), Colt folded and just stopped making all its double action revolvers.
S&W was in better financial shape and tougher but, faced with the full power of the federal government, unfriendly courts, and the potential of losing millions in hostile lawsuits, they finally gave in and signed an agreement with the feds. It called for a number of changes in their sales policy and in the guns themselves, specifically the installation of some form of locking device that could be engaged to keep unauthorized persons (mostly children) from using the gun. (Other companies were also coerced to install a lock, but most managed to make them less conspicuous than the S&W method.)
S&W set out to redesign their line to accommodate a lock. In the meantime, the anti-gun Democrats lost the next election and the new (Bush) administration indicated it would not hold S&W to the agreement, even though the company did make some other changes in their sales policies. AFAIK, the agreement is technically still in effect, since any contract by a company is automatically assumed by a successor company.
Then S&W changed hands, but with the agreement still in effect, even if not being enforced, and the major re-tooling costs already done, S&W went ahead with the lock.
Many gun owners saw the lock as a "sell out" (even though the new company had no part in the agreement) and really went after S&W, in often extreme ways. Swearing never to own another S&W product was common, and a valid method of complaint. But at least one person threatened to blow up the factory, and another said he would kill S&W employees and dealers. Rumor had it that federal warrants were served on some web sites to identify posters and some people were arrested, but I can't confirm that.
Is the above accurate? Perhaps not, but it is the way I recall it. Maybe others will comment.
Jim