IS a native of England, and came to this colony when about 29 years of age, in 1840. Early engaged in mercantile pursuits, he soon took a foremost position among business men for sound judgment and prudent foresight, so that his lead was readily followed. Had he chosen to enter public life, he would have found no avenue closed against him. He was an original shareholder in the once famous Burra Mines, and sat for several years on the Board of the Association. He was also on the first Board of Directors of the Bank of Adelaide. Mr. Waterhouse heartly entered into the project for the establishment of Prince Alfred College, which he has ​been heard to say was an object worthy of his life's work. In this institution he has taken a lively interest up to the present time, and his donations to the building fund have much exceeded in amount those of any other single subscriber. This circumstance has been acknowledged by the Committee on various occasions: notably at the laying of the foundation stone of the College, when he was chosen to present the trowel to H.R.H. the Duke of Edinburgh, and the south-east portion of the edifice has been named "The Waterhouse Wing." For some years past Mr. Waterhouse has resided in England, but it is well-known that he largely assists many colonial institutions. He is represented in South Australia by his son, Mr. Arthur Waterhouse.