Poincaré concluded his account of the new conceptions, and which admirably express and illustrate the pragmatist's attitude: "What is to be our position in view of these new conceptions? Are we about to be forced to modify our conclusions? No, indeed: we had adopted a convention because it seemed to us convenient, and we declared that nothing could compel us to abandon it. To-day certain physicists wish to adopt a new convention. It is not because they are compelled to; they judge this new convention to be more convenient--that is all; and those who are not of this opinion can legitimately keep the old and so leave their old habits undisturbed. I think, between ourselves, that this is what they will do for a long time to come." I have so far considered pragmatism rather as a criticism than as a doctrine. I will now try and characterise it on its positive side. It declares that there is no such thing as pure thought, but that all thinking is personal and purposive; that all knowing is directed, controlled, and qualified by psychological conditions such as interest, attention, desire, emotion, and the like; and that we cannot, as formal logic does, abstract from any of these, for logic itself is part of a psychical process. Truth therefore depends upon belief; truths are matters of belief, and beliefs are rules of action. It is this doctrine that gives to pragmatism its paradoxical, some have even said its grotesque, character. It seems to say that the same proposition is both true and false--true for the man who believes it, false for the man who cannot. It seems to say that we can make anything true by believing it, and we can believe anything so long as the consequences of acting on it are not absolutely disastrous. And the proposition, All truths work, seems to involve the conclusion that all that works is true; and the proposition, The true is the useful, seems to imply that {55} whatever is useful is therefore true. No small part of the pragmatist controversy has been directed to the attempt to show that all and each of these corollaries are, or arise from, misconceptions of the doctrine. I think, and I shall endeavour to show, that there is a serious defect in the pragmatist statement, and that these misconceptions are in a great part due to it. Nevertheless, we must accept the pragmatist disavowal. And there is no difficulty in doing so, for the meaning of the theory is sufficiently clear. Truth, according to pragmatism, is a value and not a fact. Truth is thus connected with the conception of "good." In saying that truth is useful, we say that it is a means to an end, a good. It is not a moral end, but a cognitive end, just as "beauty" is an esthetic end. Truth, beauty, and goodness thus stand together as judgments of value or worth. It is only by recognising that truth is a value that we can possess an actual criterion to distinguish it from error, for if truth