Waterloo, Ontario called the founder of Waterloo, had come to the area in 1806 from Franklin County, Pennsylvania. He bought 900 acres of bush land in 1806 from the German Company and founded a sawmill (1808) and grist mill (1816); these the focal point of the area. The grist mill operated continuously for 111 years. Other early settlers of what would become Waterloo included Samuel and Elia Schneider who arrived in 1816. Until about 1820, settlements such as this were quite small. In 1816 the new township was named after Waterloo, Belgium, the site of the Battle of Waterloo (1815), which had
Battle of Waterloo monument over a map of the field of battle. France officially protested against this issue of coins, while the Belgian government noted that the French mint sells souvenir medals at Waterloo. After 180,000 coins were minted but not released, the issue was melted. Instead, Belgium issued an identical commemorative coin in the non-standard value of 2 Euros. Legally only valid within the issuing country (but unlikely to circulate) it was minted in brass, packaged, and sold by the Belgian mint for 6 Euros. A 10 Euro coin, showing Wellington, Blücher, their troops and the silhouette of Napoleon, was also available