By 1818 land speculation and sales by such agencies as the Cypress Land Company.
Following the Panic of 1819, Congress passed the Land Act of 1820 which had further impact on settlement. An overview of the business and economic history related to settlement and farming/agriculture illustrates the relationship between them.
Mills and Textiles
Beginning ca. 1821, the manufacturing of cotton and woolen textiles became one of the most important industries in the Muscle Shoals for many years. Mills in Sweetwater and area included:
1821 Sweet Water Factory
1836 Skipworth Cotton Mill
1837 Foster’s Cotton Factory
1839 Martin’s Mill
1844 Cypress Mill
1845 The Lauderdale Factory