Scholars have puzzled over the precise meaning of the New Covenant, earlier announced by Jeremiah (Jer. 31:31–34). Probably the simplest explanation is that in dying on the cross, God made possible a covenant of grace for those who would trust the Lord. This covenant of grace was the basis for the salvation of every individual, from the time of Adam to the last person who is saved. It has been preeminently illustrated in the present age when God saves the church by grace and the Lord’s Supper commemorates
Page 188