Mental life is indeed practical through and through. It begins in practice and it ends in practice.

The interval between a cold expectation and a warm desire may be filled by expectations of varying degrees of warmth or by desires of varying degrees of coldness.

An object is not first imagined or thought about and then expected or willed, but in being actively expected it is imagined as future and in being willed it is thought.

It is convenient to distinguish the two kinds of experience which have thus been described, the experienc-ing and the experienc-ed, by technical words.

Thus the same object may supply a practical perception to one person and a speculative one to another, or the same person may perceive it partly practically and partly speculatively.

It may be added, to prevent misunderstanding, that when I speak of contemplated objects in this last phrase as objects of contemplation, the act of contemplation itself is of course an enjoyment.

An expectation is a future object, recognised as belonging to me.