Just wanted to mention this by MJS:
Law Versus Life
Not law, but grace; not I, but Christ. The principle of law applied to the believer dooms him to Romans 7, while the law of the Spirit of life in Christ Jesus delivers him to Romans 8.
Identification with Christ includes the position of death for the old nature, and the position of life for the new nature. It is the work of the Holy Spirit to block self and its sinful works, and to foster the new life and its fruit.
Spiritual growth does not involve effort on the part of the Christian, for the indwelling Spirit transmits the life of the Lord Jesus from source to servant. Neither is there struggle connected with the daily deliverance from the tyranny of self, for the Spirit transmits the finished work of the Cross to that sinful element.
Where these death-dealing and life giving identification truths are unknown to the believer, he finds no alternative but to try to keep the law as a rule of life. This erroneous expedient consists of applying the principle of law for the control of conduct-its prohibitions for self, its commands for life. But the Scriptures teach us that the Holy Spirit, the Spirit of life in Christ Jesus, ministers Christ to us, not law. For the law was given by Moses, but grace and truth came by Jesus Christ (John 1:17).
2-11. PROFIT
"Heirs of God and fellow heirs with Christ--sharing His inheritance with Him; only we must share His suffering if we are to share His glory" (Romans 8:17, Amp.).
The term "profit and loss" is reversed in the Christian life to "loss and profit." The principle never varies: our losses are all in the realm of the old, never the new. Every loss in the life of self brings greater gain and profit in the new--our life in Christ. And, conversely, every gain for the self-life is loss for our growth and His glory. "But what things were gain to me, those I counted loss for Christ" (Philippians 3:7).
"It is not the design of God to deprive His children of happiness, but only to pour the cup of bitterness into that happiness which the believer has in anything outside of Christ." -F.F.
"Everything that tries us, that is a check upon us, that causes exercise of heart, and makes us sensible of weakness in ourselves, is of the nature of chastisement (child-training). It may come in the way of difficulties in the path of faith; or in the shape of such trials and sorrows as are common to all men--loss of property, loss of health, or bereavement; or it may be as the governmental consequences of sin; but in one way or other all have it. It is 'for our profit, that we might be partakers of His holiness' (Hebrews 12:10). That is, it serves to break down that which is not of God in us, that the life of the Lord Jesus might be made manifest." -C.A.C.
"When He hath tried me, I shall come forth as gold" (Job 23:10).
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2-12. THE CROSS FOR SELF
"I have been crucified with Christ" (Galatians 2:20, ASV).
The Cross is the height of paradox; it is at once God's greatest agony, and His eternal glory. For the growing believer it means daily crucifixion, and at the same time freedom from the penalty and the power of sin and self. "But may it never be mine to boast of anything but the Cross of our Lord Jesus Christ, by which the world has been crucified to me and I to the world!" (Galatians 6:14, Wms.).
"We need to enter deeply into the truth that Christ the Beloved Son of the Father could not return to the glory of Heaven until He had first given Himself over to death. As this great principle opens up to us, it will help us to understand how in our life, and in our fellowship with the Lord Jesus, it is impossible for us to share the fullness of His life until we have first in very deed surrendered ourselves every day as having died to sin and the world."
"Many believers appear to think that when once they have claimed Christ's death in the fellowship of the Cross, and have counted themselves crucified with Him, they may now consider it as past and done with. They do not as yet understand that it is in the crucified Christ, and in the fellowship of His death, that they are to abide daily and unceasingly. The fellowship of the Cross is to be the life of a daily walk--His taking the form of a servant, His humbling Himself and becoming obedient unto death, even the death of the Cross; this mind that was in the Lord Jesus is to be the disposition that marks our daily life."
"Have this mind [attitude] in you, which was also in Christ Jesus" (Philippians 2:5, ASV).

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