In olden times the dailies carried only a very little advertising—a few legal notices, an appeal for the return of a strayed cow, or a house for sale. It is only within the past fifty years that advertising as a means of bringing together the producer and consumer began. And, curiously enough, the men who first began to appreciate the immense selling-power that lay in the printed advertisement were “makers” or “fakirs,” of patent medicines. The beginning of modern advertising is in fact synchronous with the beginnings of the patent-medicine business.
Even magazine advertising, which is now the most profitable and efficacious of all kinds, did not originate until February, 1860, when “The Atlantic Monthly” printed its first “ad.” “Harper’s” was founded simply as a medium for selling the books issued from the Franklin Square House, and all advertisements from outsiders were declined. George P. Rowell, the dean of advertising agents, in his amusing autobiography, tells how Harper & Brothers in the early seventies refused an offer of $18,000 from the Howe Sewing Machine Company for a year’s use of the last page of the magazine; and Mr. Rowell adds that he had this information from a member of the firm, of whose veracity he had no doubt, though at the same sitting he heard Mr. Harper tell another man about the peculiarities of that section of Long Island where the Harpers originated, assuring him the ague prevailed there to such an extent that all his ancestors had quinine put into their graves to keep the corpses from shaking the sand off.
Before the Civil War it is said that the largest advertisement that ever appeared in a newspaper was given by the E. & T. Fairbanks Company, and published in the New York “Tribune,” which charged $3000 for it. Now the twenty large department stores alone of New York City spend, so it is estimated, $4,000,000 a year for advertising, while one Chicago house is said to appropriate $500,000 a year for publicity in order to sell $15,000,000 worth of goods. Those products which are believed to be advertised to the extent of $750,000 or more a year include the Uneeda Biscuits, Royal Baking Powder, Grape Nuts, Force, Fairy Soap and Gold Dust, Swift’s Hams and Bacon, the Ralston Mills food-products, Sapolio, Ivory Soap, and Armour’s Extract of Beef. The railroads are also very large general advertisers. In 1903 they spent over a million and a quarter dollars in publicity, though this did not include free passes for editors, who, I may parenthetically remark, thanks to the recent Hepburn Act, are now forced to pay their way across the continent just like ordinary American citizens.