Philosophy to-day still has understanding for its object. But it is no longer indefinite understanding which tries to embrace everything, but rather the understanding of the method by which knowledge may be gained. Philosophy now wishes to learn _how it comes to pass_ that other objects may be illumined by the mind. To speak plainly, it is no longer the understanding which seeks to know everything as it did at the time of Socrates that is now the special study of philosophy, but rather the mind itself, its method and the perceptive powers of thought and understanding. If this were all, if the world's wise men had done nothing but to at last find the object of philosophy, it would be a very scanty achievement. No, the harvest is much richer. The present day theory of human understanding is a real science, which well deserves to be popularized. Our ancestors sought understanding after the manner of Socrates and Plato in the entrails of the human brain, while at the same time despising the experience outside of it. They hoped to find truth by cudgeling their brain. "Honor to Socrates, honor to Plato; but still more honor to Truth!" Aristotle showed a little more interest in the outer world. With the downfall of the old social stage the old philosophy naturally succumbed also. It did not revive until a few hundred years ago, at the beginning of modern times. A short while ago, Shakespeare attracted much attention, when some one claimed to have discovered that it was not he who wrote those famous dramas and tragedies, but his contemporary Bacon of Verulam, Lord Chancellor of England. Whether Shakespeare keeps his laurels or not, Bacon's name is still great enough, for it is generally accepted as the mile stone of modern philosophy. One might say that philosophy was asleep from the time of Aristotle to that of Bacon. At least it produced no remarkable results during that period, and it cannot be denied that philosophy from ancient Greek days to the present times moved in a mystic fog which detracted much from its study in the eyes of educated and honest men. But the philosophers themselves are less to blame for this than the concealment of the object. Only after the entire social development has furthered the human understanding to the point where it can benefit from the light spread by the various branches of science, does philosophy become conscious of its special object and able to separate its positive achievements from the rubbish of the past.