Although the language is somewhat archaic, the message is universal. Human beings are compelled to create. The author urges us to find meaning of life by creating beauty in every day existence in art, craft, and thought. The essay is based on a critique of the Arts and Crafts movement and both praises and disagrees with the words and wisdom of the great designer William Morris.
If you can get around the florid expressions, this essay makes perfect sense in today's world.
You may want to read it if you appreciate thought processes on creativity.