Doctrines, passed on from teacher to student, which was known as "THE
KYBALION," the exact significance and meaning of the term having been
lost for several centuries. This teaching, however, is known to many to
whom it has descended, from mouth to ear, on and on throughout the
centuries. Its precepts have never been written down, or printed, so far
as we know. It was merely a collection of maxims, axioms, and precepts,
which were non-understandable to outsiders, but which were readily
understood by students, after the axioms, maxims, and precepts had been
explained and exemplified by the Hermetic Initiates to their Neophytes.
These teachings really constituted the basic principles of "The Art of
Hermetic Alchemy," which, contrary to the general belief, dealt in the
mastery of Mental Forces, rather than Material Elements-the
Transmutation of one kind of Mental Vibrations into others, instead of
the changing of one kind of metal into another. The legends of the
"Philosopher's Stone" which would turn base metal into Gold, was an
allegory relating to Hermetic Philosophy, readily understood by all
students of true Hermeticism.

In this little book, of which this is the First Lesson, we invite our
students to examine into the Hermetic Teachings, as set forth in THE
KYBALION, and as explained by ourselves, humble students of the
Teachings, who, while bearing the title of Initiates, are still students
at the feet of HERMES, the Master. We herein give you many of the
maxims, axioms and precepts of THE KYBALION, accompanied by explanations
and illustrations which we deem likely to render the teachings more
easily comprehended by the modern student, particularly as the original
text is purposely veiled in obscure terms.

The original maxims, axioms, and precepts of THE KYBALION are printed
herein, in italics, the proper credit being given. Our own work is