Some of the more prominent contributions to the last fifty years of scholarship on Aristotle’s syllogistic suggest a conceptual framework under which the syllogistic is a logic, a system of inferential reasoning, only if it is not a theory, a system concerned with ontology or general facts. I argue that this a misleading interpretative framework. I begin by noting that the syllogistic exhibits one mark of contemporary logics: syllogisms are inferences and not implications. The debate on this question has focused (...) on the interpretation of indirect proof. But I argue that this evidence is neutral on the question. Instead, I offer new considerations in favour of the interpretation of syllogisms as inferences. I next note that the syllogistic exhibits one mark of theories: it employs a distinct underlying logic so to derive derivative structures from primitive structures. So the syllogistic is something sui generis: by our lights, it is arguably neither clearly a logic, nor clearly a theory, but rather exhibits certain characteristic marks of logics and certain characteristic marks of theories. I conclude with a few remarks on the status of Aristotle as a founder of logic, and the use of modern systems to represent historical logics. (shrink)