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James T. O'Connell,
the son of Irish immigrants, quit high school because he felt
he was wasting his time studying Latin, bought his own boat and
went to work as a commercial fisherman.
From such humble beginnings sprang a successful
business empire that included a prosperous lumber yard and hardware
store as well
as interests in coal and oil, fishing, banking and real estate.
The name “J.T...” became a Newport institution, and
O’Connell created a legacy that continues to this day.
“
J.T.” became a
Newport institution...”
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As
a young fisherman, O’Connell learned that fish fetched
higher prices in the winter months and began salting some of
his summer catch to keep for winter sale. After buying three
cases of copper paint for his boat, because buying it in bulk
saved him money, he turned a profit by selling the paint he did
not need to other fishermen. He then bought rope and sold it
at a profit, according to his first business invoice form the
year 1909.
O’Connell’s business interest included J.T. O’Connell
Inc., Newport Oil Corp., Peckham Coal and Ice Co., Broadway Hardware
Co., Hammett Lumber Co., Tallman & Mack, Commercial Finance
Corp., as well as Harris Lumber Co. in Providence and a lumber
and shingle mill in Vancouver, British Columbia, Canada. He also
served as a director of the Rhode Island Hospital Trust National
Bank and was a founder and first president of the community Hotel
Corp., which built and operated the hotel Viking.
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When he died on April 4, 1974, two weeks before his 85th birthday,
The Daily News published an obituary that included the following
anecdote:
“
During a court case, at which O’Connell was a witness, an
out-of-town lawyer asked, “What business are you in, Mr.
O’Connell?” The judge interrupted to suggest to the
lawyer that he would save considerable time if he asked O’Connell
what business he was not in.”
O’Connell headed a local group during the Depression that
supervised the building of the Freebody park stadium and wall
as a
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work
relief project. He also served on the Mount Hope Bridge Authority.
He once aspired to public office, when he was one
of about a half dozen men who
sought the mayor’s post after the death of Mayor Patrick J. Boyle in 1923.
The victory went to Mortimer A. Sullivan. O’Connell did hold office in
the Old Park Commission and the Newport Sinking Fund. He was a member of many
organizations and had been a charter member of the Newport Rotary.
The youngest of the O’Connell’s three daughters, Elizabeth Rooney
of Middletown, remembers sitting at the family’s dinner table with her
parents discussing her father’s busy schedule.
“
I can remember my mother saying, ”How many meetings do you have tonight?” Rooney
said
Rooney’s son Patrick is president of J.T.'S Lumber, which has three
building materials stores in Middletown, Bristol and North Kingstown.
Reprinted with permission, Newport (RI) Daily News, Dec 31, 1999-Jan1,2000 |
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