In the earliest times the religious, philosophical, legal and ethical systems had not been invented. The morale at that time was a natural morale. Humans knew that they did not create nature. They did not feel it “proper” to “expropriate the creator” and legalistically appropriate the earth and its treasure for themselves. They felt, in their unsophisticated morale, that being called into existence they had a natural right to exist and to use freely the gifts of nature in the preservation of their life; and that is what they did. After the death of a man, some of the objects produced by him still survived, such as weapons, fishing or hunting instruments, or the caves adapted for living; a baby had to be nourished for some years by its parents or it would have died. Those facts had important consequences; objects made by someone for some particular use could be used by someone else, even after the death of one or more successive users; again the experiences acquired by one member of a family or a group of people were taught by example or precept to others of the same generation and to the next generation. Such simple facts are the corner stones of our whole civilization and they are the direct result of the HUMAN CAPACITY OF TIME-BINDING. The world to-day is full of controversy about wealth, capital, and money, and because humanity, through its peculiar time-binding power, binds this element “time” in an ever larger and larger degree, the controversy becomes more and more acute. Civilization as a process is the process of binding time; progress is made by the fact that each generation adds to the material and spiritual wealth which it inherits. Past achievements—the fruit of bygone time—thus live in the present, are augmented in the present, and transmitted to the future; the process goes on; time, the essential element, is so involved that, though it increases arithmetically, its fruit, civilization, advances geometrically. But there is another peculiarity in wealth and money: If a wooden or iron “inch” be allowed to rot or rust quietly on some shelf, this “inch” does not represent anything besides this piece of wood or iron. But if we take the MENTAL value of an inch, this unit of one of the measures of space, and use it, with other quantities, in the contemplation of the skies for the solving of an astronomical problem, it gives a prophetic answer that, in a certain place there is a star; this star, may be for years looked for in vain. Was it that the calculation was wrong? No, for after further search with telescopes of greater power, the star is found and the calculation thus verified. It is obvious that the “unit”—inch—has no value by itself, but is very precious as a unit for measuring the phenomenon of length, which it perfectly represents, and that is why it was introduced.