From water and the moon, divine breath (spirit) enters into him. And verily that is divine breath which, whether moving or not moving, does not tire, and therefore does not perish. He who knows this, becomes the Self of all beings. As that deity (Hiranyagarbha) is, so does he become. And as all beings honour that deity (with sacrifice, &c.), so do all beings honour him who knows this. Whatever grief these creatures suffer, that is all one (and therefore disappears). Only what is good approaches him; verily, evil does not approach the Devas.

In plain words: Holy breath comes into him from water and the moon. This breath never gets tired and never dies. Whoever knows this becomes one with all beings, like the great god Hiranyagarbha, and is honored by all. Grief leaves him, and only good comes near him.