The two great covenants that we call the Old and New Testaments, which are associated with the points in history known as Sinai and Calvary, are the two great mountain peaks of history, of revelation, and of the one true faith. These are the two focal points of this study—subject, of course, to the one supreme fact that the long-promised Messiah, as already come, stands at the center of all history, as well as of biblical revelation.
The divinely ordained covenants of which we read in Holy Scripture must be seen as significant landmarks in the history of the human race; their true place and function in the whole panorama of spiritual redemption must be more clearly understood. The covenants must be seen as the basis of a framework of redemptive revelation into which every vital detail of Scripture will neatly fit.
In these great covenants we are, in short, confronted with transactions and implications of tremendous importance for the church and for the world.
This study, begun during another, earlier period of economic depression, concerns the more practical and historical aspects of the covenants and their bearing upon the closely related subject of Messianic prophecy and its fulfillment. The position taken is that a peaceful and prosperous future for this sin-cursed world cannot be realized until there is a clearer understanding of the covenants and a more consistent application of covenant truth in the everyday life of the Christian and the church.