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Smith
& Wesson Factory
Springfield, MA
Circa 1920
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SMITH & WESSON
HISTORY OF THE COMPANY - Horace Smith and Daniel B. Wesson
came from old New England families. Horace learned the firearms trade
while working at the National Armory in Springfield, Massachusetts. Daniel’s
experience came from apprenticing with his brother Edwin Wesson, the leading
maker of target rifles and pistols in the 1840s.
The two men formed their first partnership in 1852 in Norwich,
Connecticut, with the aim of marketing a lever action repeating pistol
that could use a fully self-contained cartridge. This first pistol venture
was not a financial success, and by 1854 the company was having financial
difficulties.
Faced with their financial difficulties, they were forced
to sell their company to a shirt manufacturer by the name of Oliver Winchester.
In 1866, using the original lever action design created by Smith &
Wesson, Winchester’s company emerged as the famous Winchester Repeating
Arms Co.
In 1856 Smith & Wesson formed their second partnership to produce
a small revolver designed to fire the Rimfire cartridge they patented
in August of 1854. This revolver was the first successful fully self-contained
cartridge revolver available in the world. Smith & Wesson secured
patents for the revolver to prevent other manufacturers from producing
a cartridge revolver - giving the young company a very lucrative business.
The partners realized that when their patents expired they
would need a new design to maintain their market superiority. The new
design was completed in 1869 and the company began marketing it in 1870.
The Model 3 American, as it became known in the United States, was the
first large caliber cartridge revolver and established Smith & Wesson
as a world leader in handgun manufacturing. The two most important customers
for the new revolver were the United States Cavalry, which purchased 1,000
units for use on the Western Frontier, and the Russian Imperial Government.
At the age of 65, Horace Smith retired from the company and
sold his share of the business to D. B. Wesson, making him the sole owner
of the firm. In the late 1800’s the company introduced its line of
hammerless revolvers. These are still represented in today’s handgun
line.
Smith & Wesson next introduced what is probably the most famous revolver
in the world, the .38 Military & Police or, as it is called today,
the Model 10. This revolver has been in continual production since that
year and has been used by virtually every police agency and military force
around the world.
Smith & Wesson’s contribution to the history of handgun and cartridge
development continued through the 20th Century. The first Magnum revolver,
the .357 Magnum, was introduced by the company in 1935. In 1955 the first
American made double action auto-loading pistol, the Model 39, was introduced.
The
Model 29 chambered in .44 magnum - the handgun made famous by Clint Eastwood
in the movie "Dirty Harry" - was unveiled in 1956. In 1965 S&W
began producing the Model 60 - the world’s first stainless steel
revolver - launching the era of stainless steel firearms.
The
accomplishments of Smith & Wesson are so numerous that it is impossible
to understand the history of modern handguns without first understanding
the history of Smith & Wesson. Smith & Wesson was an industry
leader in 1852 when it was first founded and continues to lead the world
today with innovations into the 21st century.
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