It is shown how the development of physics has involved making explicit what were homocentric projections which had heretofore been implicit, indeed inexpressible in theory. This is shown to support a particular notion of the invariant as the real. On this basis the divergence in ideals of physical intelligibility between Bohr and Einstein is set out. This in turn leads to divergent, but explicit, conceptions of objectivity and completeness for physical theory. *I am indebted to Dr. G. McLelland. Professor F. (...) Rohrlich and an anonymous referee of this journal for several improvements in the formulation of the paper. (shrink)