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The time check or labour certificate, which will be honoured at the store-houses hour for hour, will no doubt have its day. But the elaborate and complicated system of book-keeping this would necessitate, the impossibility of balancing one man's hour against another's with accuracy, and the difficulty in determining how much more one man owed natural resources, condition, and the studies and achievements of past generations, than did another, would, we believe, prevent this system from...