ABSTRACT
The new order of things which has been coming to a head since the close of the century is especially plain to be seen in the conduct of business. Business runs on something of a new footing. In the case of America this cumulative growth of the industrial arts and of the industrial system has been particularly notable since about the middle of the nineteenth century. Irrepressible new technological advances are forever running out new ramifications of industry, which are forever requiring further attention at the hands of these captains of ownership. In America, the industrial work of the community has fallen into the shape of a three-fold division or stratification of industries which work together in a balanced whole, a moving equilibrium of interlocking processes of production: the primary, initial, or key industries, which command the greater natural resources of the country; the secondary or continuation industries, which turn these crude supplies and services into consumable goods; and agriculture.
