There is grandeur in this view of life, with its several powers?

Does "There is grandeur in this view of life,
with its several powers" mean "There is grandeur in this view of life,
because of its (the grandeur's) several powers"?

Context:

These laws, taken in the largest sense, being
Growth with reproduction; Inheritance which is almost implied by
reproduction; Variability from the indirect and direct action of the
conditions of life, and from use and disuse; a Ratio of Increase so
high as to lead to a Struggle for Life, and as a consequence to
Natural Selection, entailing Divergence of Character and the
Extinction of less improved forms. Thus, from the war of nature,
from famine and death, the most exalted object which we are
capable of conceiving, namely, the production of the higher
animals, directly follows. There is grandeur in this view of life,
with its several powers, having been originally breathed by the
Creator into a few forms or into one; and that, whilst this planet
has gone circling on according to the fixed law of gravity, from so
simple a beginning endless forms most beautiful and most
wonderful have been, and are being evolved.