There is a theory, I’m not sure how well known a theory, but a theory nonetheless, that we didn’t loose our faeries when society modernized.
They just turned into aliens.
This is actually something of an interesting case if you follow such a theory (I’m not sure I do, though I certainly agree there’s a fair amount of overlap). The language used to describe the creatures in the encounter to be described before are sometimes called goblins, but there are sources such as Wikipedia that categorizes this encounter as extraterrestrial. Goblins would probably fall closer to the super or preternatural than little green men for many people. It’s an interesting development.
In the fall of 1955 lights, unidentified objects, and creatures were spotted in the area of Kelly and Hopkinsville Kentucky. Sightings centered around the Sutton homestead, though the incident was not limited to just the Sutton family. One of the aspects of the case that makes it interesting to Ufologists is the presence of state troopers and other members of the police force among the identified witnesses.
Included in the encounters is a series of odd events caused by what have been described as goblins or gremlins. These creatures, whose features were distinctly not human including metallic skin, odd physical traits, a strange gait, and stunted height, seemed to either not be interested or unable to enter the homestead proper but would instead appear and disappear from the windows. This understandably frightened witnesses, especially the children who were frequently thrown into hysterics. There were physical encounters, however, and claims of a firefight that seemed to not injure any of the aliens or gremlins.
One of the aspects worth noting with this case is that the families involved in the case seemed to be completely disinterested in gaining from it. There appeared to be no attempt at monetary gain and the families went so far as moving out of the area once the case was made public. They appeared to take as many steps as they could to distance themselves from the gremlins, which suggests that they may actually have believed that something happened at that homestead. This stands in contrast with cases like the Amityville haunting, where at least some of the witnesses seemed to want to benefit from the encounters.
It should be noted however that as early as 1955 there were people claiming hoax- or otherwise. The presence of moonshine was questioned as soon as the sightings were made public. The family claims no alcohol was present at the homestead. Other attempts to explain the sightings include monkeys and Great Horned owls. The owl theory should probably not be dismissed out of hand, as it has been suggested that owls actually do behave in the way that the family describes the gremlins as acting if the owls have been frightened or angered. Further, it should be pointed out that at least some members of the skeptic community are not denying that the families encountered something on the homestead. It just probably not gremlins or aliens. The importance of the case has also come under debate, as well as the relationship of the involved factors such as the connection between whatever the creatures were and the lights in the sky that were reported in the area.