Combine peaches, 1 cup of sugar, and water in saucepan and mix well. Bring to a boil and simmer for 10 minutes or until the water and sugar become a somewhat thick syrup. Take off of heat.
***Or use 3-4 large cans of peaches (no sugar added), drain juice, heat in saucepan with 1/4 cup of water & 1/2 cup of sugar until thick syrup
Put butter in a deep baking dish a put in oven to melt.
Mix remaining 1 cup of sugar, flour, and milk (slowly so it doesn't get clumps). Pour mixture over melted butter. DO NOT stir. Spoon fruit over the top, and gently pour in syrup. Sprinkle top with cinnamon. Batter will rise to the top while baking. Bake for 35-45 minutes.