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Early water mills were mostly used for grinding corn, then from the 13th century for a variety of other purposes, especially for âfullingâ or thickening woollen cloth.There was a dramatic growth in the number of mills in the late 18th and early 19th century.A growing population and the rise of the cotton industry meant an increased demand for water power. The new mills were built for cotton spinning and later adapted for other textile processes.arly water mills were mostly used for grinding corn, then from the 13th century for a variety of other purposes, especially for âfullingâ or thickening woollen cloth.
For years it was the commercial and social center of Waterville and the site of the first post office. It is recognized as one of the finest examples of Federal style architecture. The year 1843 ushered in a new era for Waterville with the opening of the Miami and Erie Canal. Boats transported farm products, commercial goods and people from Toledo to Cincinnati, and it joined a branch of the Wabash and Erie to Indiana. In the peak year of 1851 400 boats were operating.