The possible essence is not a mere logical entity; for the latter cannot be conceived as capable of existing apart from the human mind, in the world of actual existences (3), whereas the former can be, and is in fact, conceived as capable of such existence. Its ideal being in the human mind is, therefore, something other than that of a mere logical entity.
The ideal being which it has in the human mind as an object of thought is undoubtedly derived from the mind’s knowledge of actual things. We think of the essences of actually experienced realities apart from their actual existence. Thus abstracted, we analyse them, compare them, reason from them. By these processes we can not merely attain to a knowledge of the actual existence of other realities above and beyond and outside of our own direct and immediate intuitional experience, but we can also form concepts of multitudes of realities or essences as intrinsically possible, thus giving these latter an ideal existence in our own minds. Here, then, the question arises: Is this the only ideal being that can be ascribed to such essences? In other words, are essences intrinsically possible because _we think_ them as intrinsically possible? Or is it not rather the case that we think them to be intrinsically possible because they are intrinsically possible? Does our thought constitute, or does it not rather merely discover, their intrinsic possibility? Does the latter result from, or is it not rather presupposed by, our thought-activity? The second alternative suggested in each of these questions is the true one. As our thought is not the source of their actuality, neither is it the source of their intrinsic possibility. Solipsism is the _reductio ad absurdum_ of the philosophy which would reduce all _actuality_ experienced by the individual mind to phases, or phenomena, or self-manifestations, of the individual mind itself as the one and only actuality. And no less absurd is the philosophy which would accord to all _intrinsically possible_ realities no being other than the ideal being which they have as the thought-objects of the individual human mind. The study of the _actual_ world of direct experience leads the impartial and sincere inquirer to the conclusion that it is in some true sense a manifestation of mind or intelligence: not, however, of his own mind, which is itself only a very tiny item in the totality of the actual world, but of one Supreme Intelligence. And in this same Intelligence the world of possible essences too will be found to have its original and fundamental ideal being.