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James Cook Ayer
James Cook Ayer (May 5, 1818 – July 3, 1878) was the wealthiest patent medicine businessman of his day.
James Cook Ayer was born in Groton, Connecticut, on May 5, 1818, the son of Frederick Ayer (1792-1825) and Persis Herrick Cook (1786-1880). After his mother remarried, James Ayer and his brother Frederick Ayer moved to Lowell, Massachusetts, and lived with his uncle, James Cook.
He attended Lowell High School in 1838, after which he was apprenticed to James C. Robbins, a druggist in Lowell. While there he studied medicine, and later he graduated from the medical school of the University of Pennsylvania.
Ayer never practiced medicine, but devoted his principal attention to pharmaceutical chemistry and the compounding of medicines. His success in this line was very great, and soon led him to establish a factory in Lowell for the manufacture of his medicinal preparations, which became one of the largest of its kind in the world, and was magnificently equipped. He accumulated a fortune estimated at $20,000,000.
Much of his success was due to his advertising, on which he spent $140,000 a year, and he annually published an almanac, distributing 5,000,000 copies each year. Editions in English, French, German, Portuguese, and Spanish, were regularly issued. In 1874 he accepted the Republican nomination for the United States Congress in the 7th Massachusetts District, but was defeated.
In addition to his patent medicine business, Dr. Ayer was involved in textile production in Lowell, Massachusetts, with his brother.
In 1850, Ayer married Josephine Mellen Southwick (1827–1898). They had three children:
His son, Frederick Fanning Ayer became a lawyer and philanthropist, and was director or stockholder of many corporations.
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James Cook Ayer
James Cook Ayer (May 5, 1818 – July 3, 1878) was the wealthiest patent medicine businessman of his day.
James Cook Ayer was born in Groton, Connecticut, on May 5, 1818, the son of Frederick Ayer (1792-1825) and Persis Herrick Cook (1786-1880). After his mother remarried, James Ayer and his brother Frederick Ayer moved to Lowell, Massachusetts, and lived with his uncle, James Cook.
He attended Lowell High School in 1838, after which he was apprenticed to James C. Robbins, a druggist in Lowell. While there he studied medicine, and later he graduated from the medical school of the University of Pennsylvania.
Ayer never practiced medicine, but devoted his principal attention to pharmaceutical chemistry and the compounding of medicines. His success in this line was very great, and soon led him to establish a factory in Lowell for the manufacture of his medicinal preparations, which became one of the largest of its kind in the world, and was magnificently equipped. He accumulated a fortune estimated at $20,000,000.
Much of his success was due to his advertising, on which he spent $140,000 a year, and he annually published an almanac, distributing 5,000,000 copies each year. Editions in English, French, German, Portuguese, and Spanish, were regularly issued. In 1874 he accepted the Republican nomination for the United States Congress in the 7th Massachusetts District, but was defeated.
In addition to his patent medicine business, Dr. Ayer was involved in textile production in Lowell, Massachusetts, with his brother.
In 1850, Ayer married Josephine Mellen Southwick (1827–1898). They had three children:
His son, Frederick Fanning Ayer became a lawyer and philanthropist, and was director or stockholder of many corporations.