The Blood of Christ was our Ransom - that Paid the Debt of Sin
To grasp the concept that we all have a dept caused by sin, which payment with blood is required is a step most will not comprehend or want to think about, because it is an awful thing to look into the burning fire of hell. Edward Denett writes the following to young Christians in order that they might understand the fullness of what the Lord Jesus Christ did at Calvary, remembered by many at Easter, and by a few each Lord's Day morning.
One of the chief aspects presented to us in the Scriptures is, that the blood of Christ was our ransom. This is expressed most clearly in several passages in the Word of God:
'Forasmuch as ye know,' says Peter, 'that ye were not redeemed with corruptible things, as silver and gold . . . but with the precious blood of Christ, as of a lamb without blemish and without spot' (1 Peter 1: 18, 19).
Again, 'In whom we have redemption through His blood' (Eph. 1: 7). The redeemed also sing, 'Thou hast redeemed us to God by Thy blood,' etc. Rev. 5: 9).
The Lord Himself expresses the same truth when He says,
'The Son of Man came not to be ministered unto, but to minister, and to give His life a ransom for many' (Matt. 20: 28).
Now, the meaning of 'ransom' is a price paid for redemption; of 'redemption,' to buy back or out of a state of captivity or bondage. If, therefore, the blood of Christ was our ransom, it involves several things.
(1) We were in bondage or captivity; or there had been no opportunity for a ransom, no scope for redemption. And this is precisely what the Scriptures declare. 'Ye were,' says the Apostle Paul, 'the servants of sin' (Rom. 6: 17). We also read in the Epistle to the Hebrews of those 'who through fear of death were all their lifetime subject to bondage' (Heb. 2: 15). Hence it is that Egypt (for the children of Israel were there in bondage) is always typical of our natural state and condition. As, therefore, we look to the past, we have ever to exclaim with Ezra, when humbling himself before God on account of the sins of His people, 'We were bondmen.' Such was the condition of every believer; and is the condition of every one who does not believe in the Lord Jesus Christ. 'Know ye not,' says the Apostle, writing to the saints at Rome, 'that to whom ye yield yourselves servants to obey, his servants ye are to whom ye obey; whether of sin unto death, or of obedience unto righteousness?' (Rom. 6: 16). Every unconverted one is therefore in bondage; 'for by one man sin entered into the world, and death by sin; and so death passed upon all men, for that all have sinned' (Romans 5: 12); and hence, too, the power of death — God's just judgment against sin — is wielded by Satan over every unbeliever.
(2) The blood of Christ was the price, or ransom, paid for our deliverance or redemption from this state of bondage and captivity. (See the passages already cited, especially 1 Peter 1: 18, 19; Matthew 20: 28.) For He died in our stead, 'the just for the unjust, that He might bring us to God' (1 Peter 4: 18). Thereby He met and satisfied all the claims which a Holy God had against us: He accepted the whole of our responsibilities: 'He bare our sins in His own body on the tree' (1 Peter 2: 24): in a word, He paid the whole of our debt, and the price was His own blood. And thus His blood-shedding — the offering up of His own life for us — availed both to vindicate the holiness of God, yea, to glorify Him even about our sins, and to secure for us eternal redemption. Well, therefore, might it be termed precious blood! So precious as to exceed all finite estimate. It is precious according to the infinite judgment of God; and yet nothing less would have availed. Had there been collected all the wealth, the gems, and costly stones, all the diamonds of Africa and Brazil — all these riches would have been as dust before God. For 'they that trust themselves in their wealth, and boast themselves in the multitude of their riches, none of them can by any means redeem his brother, nor give to God a ransom for him (for the redemption of their soul is precious, and it ceaseth for ever): that he should still live for ever, and not see corruption' (Ps. 49: 6-9). God only could provide the ransom. He gave it in the gift of His Son; and the ransom was paid in the blood-shedding on the Cross. Blessed be His name!
(3) Believers are, therefore, redeemed. They are now, not shall be, redeemed — brought back out of the house of their bondage unto God. How it thus strengthens our souls to look back upon our redemption as a completed thing! and as we are told that the means of our redemption was the blood of Christ, how it fills our hearts with gratitude and love!