Two types of logical consequence are compared: one, with respect to matrix and designated elements and the other with respect to ordering in a suitable algebraic structure. Particular emphasis is laid on algebraic structures in which there is no top-element relative to the ordering. The significance of this special condition is discussed. Sequent calculi for a number of such structures are developed. As a consequence it is re-established that the notion of truth as such, not to speak of tautologies, is inessential in order to define validity of an argument