1In a small saucepan, heat oil over medium high heat until 350 degrees.
Peel and pit peaches and slice into ½-inch slices, set aside.
2In a medium bowl, whisk together flour, salt, sugar and cinnamon. Add butter, milk and eggs. Whisk until smooth.
Dip each peach slice into batter with a fork and place gently into heated oil, 4 at a time, cooking 2 minutes. Flip over and cook 1-2 additional minutes, until golden brown.
Drain on paper towels.
3Serve sprinkled with sifted powdered sugar.