The total temporal duration of such an event bearing an enduring pattern, constitutes its specious present. Within this specious present the event realises itself as a totality, and also in so doing realises itself as grouping together a number of aspects of its own temporal parts. One and the same pattern is realised in the total event, and is exhibited by each of these various parts through an aspect of each part grasped into the togetherness of the total event. Also, the earlier life-history of the same pattern is exhibited by its aspects in this total event. There is, thus, in this event a memory of the antecedent life-history of its own dominant pattern, as having formed an element of value in its own antecedent environment. This concrete prehension, from within, of the life-history of an enduring fact is analysable into two abstractions, of which one is the enduring entity which has emerged as a real matter of fact to be taken account of by other things, and the other is the individualised embodiment of the underlying energy of realisation. The consideration of the general flux of events leads to this analysis into an underlying eternal energy in whose nature there stands an envisagement of the realm of all eternal objects. Such an envisagement is the ground of the individualised thoughts which emerge as thought-aspects grasped within the life-history of the subtler and more complex enduring patterns. Also in the nature of the eternal activity there must stand an envisagement of all values to be obtained by a real togetherness of eternal objects, as envisaged in ideal situations. Such ideal situations, apart from any reality, are devoid of intrinsic value, but are valuable as elements in purpose. The individualised prehension into individual events of aspects of these ideal situations takes the form of individualised thoughts, and as such has intrinsic value. Thus value arises because there is now a real togetherness of the ideal aspects, as in thought, with the actual aspects, as in process of occurrence. Accordingly no value is to be ascribed to the underlying activity as divorced from the matter-of-fact events of the real world.