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Step 1
Preheat oven to 425°F.
Step 2
Place flour and salt in large bowl. Using a pastry blender or two knives, cut the shortening into the flour until it resembles coarse corn meal texture. With a fork, stir in cold water and form into a ball.
Step 3
Place the dough ball on a sheet of plastic wrap, wrap it tightly and refrigerate. Place the peaches and reserved liquid in a 9- by 13-inch glass baking dish. Sprinkle the sugar over the peaches. Place the butter pats evenly over the surface of the sugared peaches. Set aside.
Step 4
Lightly flour a clean kitchen work surface. Place chilled dough on the surface and roll with a floured rolling pin until it is 1/inch thick. Using pizza cutter or sharp knife, cut the dough into 1-inch wide strips. Lay the strips in a crisscross pattern over the peaches in the baking pan. Trim off any overhanging dough.
Step 5
Place the cobbler in the oven and bake for 30 minutes. Remove from oven and sprinkle the crust with a little sugar. Return to the oven for 10 minutes. Remove from oven and let cool slightly before serving.