1866 When his father died James Lloyd Ashbury inherited a successful railway business and a considerable fortune. However, his health was affected by the polluted atmosphere of Manchester, so he moved to the coast, where he took up sailing. As he attempted to advance in society he took up competitive yachting. In 1868, he commissioned Michael Ratsey of Cowes to build a 188-ton schooner, Cambria. He made the first two, albeit unsuccessful challenges for the America’s Cup, held since 1851 by the New York Yacht Club. Ashbury’s first challenge was in 1870 with his yacht Cambria. The race for the America’s Cup was held on 8 August, and Cambria faced 14 yachts of the New York Yacht Club. The race was won by Magic, with Cambria finishing in eighth place. Ashbury stayed on to take part in the club cruise, and entertained the President of the United States, Ulysses S. Grant on his yacht. Initially a successful man and MP for Brighton, he frittered away his fortune and finally took his own life when in a state of poverty.