 For Allaire, the embargo created a scarcity of iron stock necessary for his manufacturing operations and led him to look at acquiring a satisfactory means of assuring a steady, inexpensive supply of raw materials.What initially interested Allaire in the property now known as Historic Allaire Village was the presence of significant quantities of bog iron ore.This bog ore, so called because of its formation in marshes and swampy areas, was a valuable resource in America before the discovery of vast ore deposits in the mountains of Northern New Jersey and Pennsylvania.