I can see where this would confuse you. One of the most difficult aspects of this poem is the point of view, since Pound creates two alter egos in the poem. E. P. is the first alter ego. We learn this from the fact that the first poem is called “E.P." E.P. is the first "he" of the poem, a young poet who moved to Europe from his own country. The second ego is Mauberley, a man refining his aesthetic tastes. His views are given in the second half. The point of the view in the first half is E.P.