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TrTranslation
曰水火,木金土,此五行,本乎數。
Water and fire, wood, metal and earth: these Five Phases are rooted in number.
曰仁義,禮智信,此五常,不容紊。
Benevolence and rightness, propriety, wisdom and good faith: these Five Constants must not be thrown into disorder.
Draft translation; it will be revised when the lecture is filmed.
From the Father's Lecture Notes
The Five Phases are baskets for sorting things; the Five Constants are baskets for sorting conduct. Neither is a list; both are ways of classifying. If a child takes them to mean “there are only five things in the world” or “there are only five rules for living”, the lecture has been wasted.
Translated from Yikonglu's Father's Lecture Notes for the Three Character Classic, written for a parent teaching a child.
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