The old man represents a spiritual principle that could be designated as Logos, and the maiden represents an unspiritual principle of feeling that could be called Eros.
Jung’s Red Book offers his most direct phenomenological definition of the Logos Principle as a spiritual, ordering, and prophetic faculty of the psyche, structurally opposed to Eros and figured by the archetype of the Wise Old Man.
, The Red Book: Liber Novus, 2009thesis