Theoutcomeofthismanagementofindustrialaffairsthroughpecuniarytransactions，therefore，hasbeentodissociatetheinterestsofthosemenwhoexercisethediscretionfromtheinterestsofthecommunity。Thisistrueinapeculiardegreeandincreasinglysincethefullerdevelopmentofthemachineindustryhasbroughtaboutacloseknitandwide-reachingarticulationofindustrialprocesses，andhasatthesametimegivenrisetoaclassofpecuniaryexpertswhosebusinessisthestrategicmanagementoftheinterstitialrelationsofthesystem。Broadly，thisclassofbusinessmen，insofarastheyhavenoulteriorstrategicendstoserve，haveaninterestinmakingthedisturbancesofthesystemlargeandfrequent，sinceitisintheconjuncturesofchangethattheirgainemerges。Qualificationsofthispropositionmaybeneeded，anditwillbenecessarytoreturntothispointpresently。
Itis，asabusinessproposition，amatterofindifferencetothemanoflargeaffairswhetherthedisturbanceswhichhistransactionssetupintheindustrialsystemhelporhinderthesystematlarge，exceptinsofarashehasulteriorstrategicendstoserve。Butmostofthemoderncaptainsofindustryhavesuchulteriorends，andofthegreateronesamongthemthisispeculiarlytrue。Indeed，itisthisworkoffar-reachingbusinessstrategythatgivesthemfulltitletothedesignation，“CaptainsofIndustry。“Thislargebusinessstrategyisthemostadmirabletraitofthegreatbusinessmenwhowithforceandinsightswingthefortunesofcivilizedmankind。Andduequalificationisaccordinglytobeenteredinthebroadstatementmadeabove。Thecaptain’sstrategyiscommonlydirectedtogainingcontrolofsomelargeportionoftheindustrialsystem。Whensuchcontrolhasbeenachieved，itmaybetohisinteresttomakeandmaintainbusinessconditionswhichshallfacilitatethesmoothandefficientworkingofwhathascomeunderhiscontrol，incasehecontinuestoholdalargeinterestinitasaninvestor；for，otherthingsequal，thegainsfromwhathascomeunderhishandspermanentlyinthewayofindustrialplantaregreaterthehigherandmoreuninterrupteditsindustrialefficiency。
Anappreciableportionofthelargertransactionsinrailwayand“industrial“properties，e。g。，arecarriedoutwithaviewtothepermanentownershipofthepropertiesbythebusinessmenintowhosehandstheypass。Butalsoinalargeproportionofthesetransactionsthebusinessmen’sendeavorsaredirectedtoatemporarycontrolofthepropertiesinordertocloseoutatanadvanceortogainsomeindirectadvantage；thatistosay，thetransactionshaveastrategicpurpose。Thebusinessmanaimstogaincontrolofagivenblockofindustrialequipment-as，e。g。，givenrailwaylinesorironmillsthatarestrategicallyimportant-asabasisforfurthertransactionsoutofwhichgainisexpected。Insuchacasehiseffortsaredirected，nottomaintainingthepermanentefficiencyoftheindustrialequipment，buttoinfluencingthetoneofthemarketforthetimebeing，theapprehensionsofotherlargeoperators，orthetransientfaithofinvestors。8*Hisinterestintheparticularblockofindustrialequipmentis，then，altogethertransient，andwhileitlastsitisofafactitiouscharacter。
Theexigenciesofthisbusinessofinterstitialdisturbancedecidethatinthecommonrunofcasestheproximateaimofthebusinessmanistoupsetorblocktheindustrialprocessatsomeoneormorepoints。Hisstrategyiscommonlydirectedagainstotherbusinessinterestsandhisendsarecommonlyaccomplishedbythehelpofsomeformofpecuniarycoercion。Thisisnotuniformlytrue，butitseemstobetrueinappreciablymorethanhalfofthetransactionsinquestion。Ingeneral，transactionswhichaimtobringacoalitionofindustrialplantsorprocessesunderthecontrolofagivenbusinessmanaredirectedtomakingitdifficultfortheplantsorprocessesinquestiontobecarriedoninseveraltybytheirpreviousownersormanagers。9*
Itiscommonlyastrugglebetweenrivalbusinessmen，andmoreoftenthannottheoutcomeofthestruggledependsonwhichsidecaninflictorendurethegreaterpecuniarydamage。Andpecuniarydamageinsuchacasenotuncommonlyinvolvesasetbacktotheindustrialplantsconcernedandaderangement，moreorlessextensive，oftheindustrialsystematlarge。