John Thomas Waterhouse “was born in Berkshire, England, in 1816, and went to school at Wood House Grove boarding school in 1825. The school was a Methodist preacher’s son’s school. I attended that until I was 13 years of age.” He became a businessman.
“I will tell you how the spirit of trade first came upon me. A man was allowed to come on the play ground once a week, Saturdays, to sell notions, etc. I used to invest my little money in sundries which I bought from this man, and sell them again to my playmates during the week at an advance, on credit.”
“Well, I had made a little money, and had heard of the United States, and concluded to cross the Atlantic to (the US.) I had become infatuated with reading the life of John Jacob Astor, and I started out from England, April, 1833, with a determination to become a John Jacob Astor”. (Hawaiian Gazette, September 24, 1889)
Later, his father “was asked if he would head all of the missions of the South Pacific … and he said, ‘All right. I will take the position if I can take all of my family with me.’ Well, he had ten children and some of them were already married, so they all went down to Australia, where he had a Methodist Mission”. (Waterhouse)
Waterhouse “was in business in Hobert Town, Tasmania, for ten years, owning a large number of vessels, and I was a very active man in business there.”
“I had very poor health and was recommended to go to Honolulu, in the Sandwich Islands. Well, I went there in one of my own vessels and purchased the property where I now live.”
“That was in 1851, and from San Francisco I travelled backward and forward a great deal and improved very much in health, and I wish to say right here that the Sandwich Islands are really as fine islands as you can find anywhere in any part of the Pacific, and are known as the ‘Paradise of the Pacific.’” (Hawaiian Gazette, September 24, 1889)
He “started a general merchandise store (JT Waterhouse and Company) here in Honolulu. Had quite a few stores. … (He) was very fond of animals but he wanted to turn this to his benefit so he brought in a camel and he put it in the back yard of the store and if anybody bought so much merchandise, they were allowed to see the camel.”
“He used to make trips every year to England to buy merchandise and one night he had a dream of a carpet – a design on a carpet – so when he went to England, he had that made and he brought them back and sold them as “Waterhouse Dream Carpets” and they sold like hotcakes.”
“He also brought this lokelani (rose) pattern here – in china – and his friends there said, ‘Oh, what’s the good of bringing that cheap china to the Islands?’ He said, ‘I think it could go.’ And it did.” (Waterhouse)
He, “was very fond of animals but he wanted to turn this to his benefit so he brought in a camel and he put it in the back yard of the store and if anybody bought so much merchandise, they were allowed to see the camel.” (Waterhouse)
“There being no recognized coinage indigenous to the Hawaiian Islands, in 1862. JT Waterhouse began issuing tokens redeemable only at his facilities.”
“About the size of a silver dollar, they were of ‘white metal,’ one side bearing a portrait of King Kamehameha IV, the other bearing a beehive with the words ‘John Thomas Waterhouse, Importer’ encircling it, and the words ‘Hale Maikai’ (good house) below the beehive. The tokens were worth fifty cents at Waterhouse’s establishments. (HABS)
“(W)hen he went across the United States on a trip back to England, he noticed that Chicago was a very booming town and Cedar Rapids was a very booming town. He wanted to buy some property in one of the towns and he considered buying some property on Michigan Boulevard in Chicago but he couldn’t decide which town he should invest in, so he tossed a coin and it came out Cedar Rapids.” (Waterhouse)
He was “the owner of some of the finest blocks and most desirable property in and around Cedar Rapids, such as the ‘Waterhouse Block,’ ‘Grand Hotel,’ considerable residence property in the city, and residence with thirty-five acres northwest of city limits, etc.” (History of Linn County)
He owned several pieces of property in the downtown area, among them buildings on Queen Street, retail stores on King and Fort Streets, and a warehouse on Merchant Street. In addition, he was referred to as a “collector of halls,” being the owner of the Lyceum and Olympic Halls, which he lent for lectures and assemblies. (HABS)
“One time, when he thought the taxes were getting too high, he wrapped himself in English rags – so the story goes – and refused to pay his taxes. And so then he went away, back to England, and moved back to England himself but his family were left here.”
“He went back to England and he rented an estate somewhere in England and everything was going fine until the fox hunting season arrived and then they drove the hounds over his grounds and he was so furious he sold everything and came back to the Islands.” (Waterhouse)
“His personal success has been brilliant. His signal achievements spurred emulation, enriched the country and benefitted all. As a business man was a marvel.”
“In Hawaii he found opportunities and made the most of them. Mr. Waterhouse from a small beginning reached the top of the ladder commercially. In the wider field of the business arenas of the United States or Europe he could not but have become a conspicuous figure.”
“His matchless energy and rare abilities stamped him as a man in a million. … Mr Waterhouse is very wealthy. His fortune is estimated at several millions. He is one of the heaviest tax-payers in Honolulu; has investments in California and New York and owns much property at Cedar Rapids, la. He practically created that town.”
“Of the four children living two his sons, John and Henry, conduct the large establishment of JT Waterhouse; while the third son, William, is now in Cedar Rapids, where he manages his father’s affairs, and conducts the leading hotel that flourishing city, which included his father’s possessions. Their daughter, the wife Hon HW Rice, is a resident of Kauai.” (Hawaiian Star, January 5, 1895) He died at his home in Nuʻuanu on January 8, 1895.
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