known. Our hypothetical construction meets these arguments, and shows that the account of the world given by common sense and physical science can be interpreted in a way which is logically unobjectionable, and finds a place for all the data, both hard and soft. It is this hypothetical construction, with its reconciliation of psychology and physics, which is the chief outcome of our discussion. Probably the construction is only in part necessary as an initial assumption, and can be obtained from more slender materials by the logical methods of which we shall have an example in the definitions of points, instants, and particles; but I do not yet know to what lengths this diminution in our initial assumptions can be carried.