tion of interests_,
elementary interests are unified through a purpose which subordinates
and regulates them. The _fraternity of interests_, is that
organization in which the rational or personal unit of interest is
recognized as final, and respected wherever it is met. But there must
also be some last economy, in which provision is formally made for any
interest whatsoever that may assert itself. This is the realm of {79}
good-will, or, as I shall call it for the sake of symmetry, the
_universal system of interests_. I shall so construe these economies
as to make the broader or more inclusive comprehend the narrower.

Now each of these economies possesses its characteristic principle of
organization, or typical mode of action; and this enables us to define
five prime virtues: _intelligence, prudence, purpose, justice,_ and
_good-will_. From each of these virtues there accrues to life a
characteristic benefit: from intelligence, _satisfaction_; from
prudence, _health_; from purpose, _achievement_; from justice,
_rational intercourse_; and from good-will, _religion_. The absence of
these virtues defines a group of negative vices: _incapacity,
imprudence, aimlessness, injustice,_ and _irreverence_. Finally,
applying the distinction between formalism and materialism, we obtain
two further series of vices; for, with two exceptions, it is possible
in each economy either to exaggerate the principle of organization, and
thus neglect the constituent interests which it is intended to
organize; or to exaggerate the good attained, and thus neglect the
wider spheres beyond. There will thus be a formalistic series of
errors: _asceticism, sentimentalism, anarchism, mysticism_; and a
materialistic series: _overindulgence, sordidness, bigotry_ or _egoism,
worldliness_. Since materialism is in each case due to the lack of the
next higher {80} principle of organization, there is no real difference
between the materialism of one economy and the negative vice of the
next. But I have thought it worth while to retain both series, because
they represent a difference of emphasis which it is customary to make.
Thus there is no real difference between overindulgence and imprudence;
but one refers to the excess, and the other to the deficiency, in an
activity which is excessive in its fulfilment of a present interest,
and deficient in its regard for ulterior interests.

I have thought it best for the purpose of clear presentation to
t