We may now be inclined to say: “As the fact which would make our thought true if it existed does not always exist, it is not the fact which we think”. But this just depends upon how I wish to use the word “fact”. Why shouldn't I say: “I believe the fact that the college is on fire”? It is just a clumsy expression for saying: “I believe that the college is on fire”. To say “It is not the fact which we believe”, is itself the result of a confusion. We think we are saying something like: “It isn't the sugar-cane which we eat but the sugar”, “It isn't Mr. Smith who hangs in the gallery, but his picture”.