Given any set of volumes or surfaces, they will not in general converge into one point. But if they get smaller and smaller, while of any two of the set there is always one that encloses the other, then we begin to have the kind of conditions which would enable us to treat them as having a point for their limit. The hypotheses required for the relation of enclosure are that (1) it must be transitive; (2) of two _different_ spatial objects, it is impossible for each to enclose the other, but a single spatial object always encloses itself; (3) any set of spatial objects such that there is at least one spatial object enclosed by them all has a lower limit or minimum, _i.e._ an object enclosed by all of them and enclosing all objects which are enclosed by all of them; (4) to prevent trivial exceptions, we must add that there are to be instances of enclosure, _i.e._ there are really to be objects of which one encloses the other. When an enclosure-relation has these properties, we will call it a "point-producer." Given any relation of enclosure, we will call a set of objects an "enclosure-series" if, of any two of them, one is contained in the other. We require a condition which shall secure that an enclosure-series converges to a point, and this is obtained as follows: Let our enclosure-series be such that, given any other enclosure-series of which there are members enclosed in any arbitrarily chosen member of our first series, then there are members of our first series enclosed in any arbitrarily chosen member of our second series. In this case, our first enclosure-series may be called a "punctual enclosure-series." Then a "point" is all the objects which enclose members of a given punctual enclosure-series. In order to ensure infinite divisibility, we require one further property to be added to those defining point-producers, namely that any object which encloses itself also encloses an object other than itself. The "points" generated by point-producers with this property will be found to be such as geometry requires. (3) The question of time, so long as we confine ourselves to one private world, is rather less complicated than that of space, and we can see pretty clearly how it might be dealt with by such methods as we have been considering. Events of which we are conscious do not last merely for a mathematical instant, but always for some finite time, however short. Even if there be a physical world such as the mathematical theory of motion supposes, impressions on our sense-organs produce sensations which are not merely and strictly instantaneous, and therefore the objects of sense of which we are immediately conscious are not strictly instantaneous. Instants, therefore, are not among the data of experience, and, if legitimate, must be either inferred or constructed. It is difficult to see how they can be validly inferred; thus we are left with the alternative that they must be constructed. How is this to be done?