This paper is intended to be an interpretation of what I shall venture to call—the deliberate philosophy of Santayana, as outlined in his recent and most penetrating book: Scepticism and Animal Faith. I refrain from employing the battered term metaphysics, because this candid “ lover of wisdom ” has reminded us that his system is not metaphysical, “ except in the mocking literary sense of the word.” What the vulgar (among which I count myself), however, understand by the term, he is guilty of offering in this mature work. It is my desire to try and see his philosophy under the searchlight of contemporary discussion;and I shall introduce some remarks of my own on what I consider significant Realistic issues of the day. My philosophy, however, on nearly all conditions, has been formed by, and is in concord with, the system here expounded.