This city was founded on the 16th anniversary of the Declaration of Independence, not as a municipality, but as a business: the home of the country's first industrial corporation, the Society for Useful Manufactures.  The grand plans of the society and its guiding light, Alexander Hamilton, ultimately failed, but it became the earliest U.S. center for silk production.  Now so squalid and defeated that few that do not work or live there go there, for 10 points, what is this New Jersey city, metap
This city was founded on the 16th anniversary of the Declaration of Independence, not as a municipality, but as a business: the home of the country's first industrial corporation, the Society for Useful Manufactures.  The grand plans of the society and its guiding light, Alexander Hamilton, ultimately failed, but it became the earliest U.S. center for silk production.  Now so squalid and defeated that few that do not work or live there go there, for 10 points, what is this New Jersey city, metaphorically represented by William Carlos Williams?
This city was founded on the 16th anniversary of the Declaration of Independence, not as a municipality, but as a business: the home of the country's first industrial corporation, the Society for Useful Manufactures.  
Patterson, New Jersey