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From Wikipedia'
In 1778, Alexander Hamilton visited the falls and was impressed by its potential for industry. Later as the nation's first Secretary of Treasury, he selected the site of the nation's first planned industrial city, which he called a "national manufactory." In 1791, Hamilton helped found the Society for the Establishment of Useful Manufactures (S.U.M.), state-chartered private corporation to fulfill this vision. The town of Paterson was founded by the society and named after New Jersey Governor William Paterson in appreciation of his efforts to promote the society.
Although the grand vision of Hamilton's planned city remained unrealized, the society nevertheless successfully promoted real estate development in the area. As a result the falls became the nucleus for a burgeoning mill industry, with construction of numerous raceways. In 1793, two years after the society's foundation, the falls was the site of the first water-powered cotton spinning mill in New Jersey. In 1812, it was the site of the state's first continuous roll paper mill. Other products whose construction used the falls as a power source include the Rogers Locomotive Works (1832), the Colt revolver (1837), and the USS Holland (SS-1) (1898).
The society continued operation until 1945 when its charter and property were sold to the city of Paterson. The area fell into disuse with the steep decline of industry in the region during the 20th century. In 1971, the Great Falls Preservation and Development Corporation was established to restore and redevelop the historic mill buildings and raceways.
On June 6, 1976, President Ford designated the Falls and its surrounding area as a National Natural Landmark. The designation protects the site from federal development, but not from local and state development. Redevelopment of the decayed adjacent industrial areas has been an ongoing controversial topic. An attempt in the 1990s to redevelop the adjacent Allied Textile Printing Co. (ATP) facility, destroyed by fire in the 1980s, into prefabricated townhouses was initially approved by the city but later repelled by a coalition of local citizens seeking to preserve the historic character of the district.
In 1778, Alexander Hamilton visited the falls and was impressed by its potential for industry. Later as the nation's first Secretary of Treasury, he selected the site of the nation's first planned industrial city, which he called a "national manufactory." In 1791, Hamilton helped found the Society for the Establishment of Useful Manufactures (S.U.M.), state-chartered private corporation to fulfill this vision. The town of Paterson was founded by the society and named after New Jersey Governor William Paterson in appreciation of his efforts to promote the society.
Although the grand vision of Hamilton's planned city remained unrealized, the society nevertheless successfully promoted real estate development in the area. As a result the falls became the nucleus for a burgeoning mill industry, with construction of numerous raceways. In 1793, two years after the society's foundation, the falls was the site of the first water-powered cotton spinning mill in New Jersey. In 1812, it was the site of the state's first continuous roll paper mill. Other products whose construction used the falls as a power source include the Rogers Locomotive Works (1832), the Colt revolver (1837), and the USS Holland (SS-1) (1898).
The society continued operation until 1945 when its charter and property were sold to the city of Paterson. The area fell into disuse with the steep decline of industry in the region during the 20th century. In 1971, the Great Falls Preservation and Development Corporation was established to restore and redevelop the historic mill buildings and raceways.
On June 6, 1976, President Ford designated the Falls and its surrounding area as a National Natural Landmark. The designation protects the site from federal development, but not from local and state development. Redevelopment of the decayed adjacent industrial areas has been an ongoing controversial topic. An attempt in the 1990s to redevelop the adjacent Allied Textile Printing Co. (ATP) facility, destroyed by fire in the 1980s, into prefabricated townhouses was initially approved by the city but later repelled by a coalition of local citizens seeking to preserve the historic character of the district.
