CHAPTER I INTRODUCTORY Pragmatism has by this time received so much attention in the reflective literature of the day that any writer upon the subject may now fairly presume upon a general acquaintance with its main principles and contentions. Indeed, it is probable that most thinking people may be credited with the ability to have formed some sort of judgment of their own about a philosophy whose main contention is that true ideas are working ideas, and that truth itself, like a creed or a belief, is simply a working valuation of reality. There are still, however, some things to be said, at least in English, upon the place and the meaning of Pragmatism in the philosophical reconstruction that is generally felt to be so necessary to-day. As far as the external signs of any such vital relation between Pragmatism and our recent academic philosophy are concerned, the reader may be aware, to begin with, that there have been many important concessions[1] made to pragmatists by such representative rationalists as Mr. Bradley and Professor Taylor, not to speak of others,[2] and Pragmatism has certainly had a very powerful effect upon the professional philosophy of both England and Germany, judging at least from the extent to which many of the more prominent representatives of philosophy in these countries have apparently been compelled to accord to it at least an official recognition.[3] Pragmatism, again, in consequence of the different receptions that it has met with at the hands of its friends and its foes, has undergone various phases of exposition and of modification, although it has not yet, nor is it on the whole likely to have, a philosophical output comparable to that of Idealism. It has become more and more conscious of its own affiliations and relations to older, and to broader doctrines, declaring itself, in the hands of Professor James and his friends, to be but a new name for older ways of thinking. And it has succeeded, in a measure, in clearing itself from liability to the superficial interpretation that it met with a few years ago, when it was scoffed at for teaching that you may believe “what you like,” for speaking, for example, as if the “theoretical” consequences of truth were not to be considered as well as the “practical.” Although still resting in the main upon an outspoken declaration of war against Rationalism, it is no longer blind to the place and the value of thought or the “concept,” in the matter of the interpretation of our experience.