Concept:
Advertising history includes the development of newspaper advertising agencies and the commercial selling of advertising space.
One of the earliest milestones in advertising history in the United States was the establishment of agencies that sold newspaper advertising space.
Step 1: Understanding Volney Palmer's contribution.
Volney Palmer is regarded as:
• One of the earliest advertising agents in America
• A pioneer in selling newspaper advertising space
Therefore:
\[
\text{The correct person is Volney Palmer}
\]
Hence, statement C is correct.
Step 2: Understanding the year.
Volney Palmer began his advertising agency operations in:
\[
1841
\]
Thus:
\[
\text{Statement D is correct}
\]
Step 3: Analyzing incorrect statements.
• John Guttenberg was associated with the printing press, not advertising-space selling in the USA
• 1864 is not the correct year for Volney Palmer's pioneering advertising activity
Therefore:
\[
A \text{ and } B \text{ are incorrect}
\]
Step 4: Matching with the options.
The correct combination is:
\[
C \text{ and } D
\]
Hence, Option (D) is correct.
Final Conclusion:
The first man to sell advertising space in the USA was:
\[
\boxed{\text{Volney Palmer}}
\]
in the year:
\[
\boxed{1841}
\]
Therefore, the correct option is:
\[
\boxed{(4)}
\]