These are from Loy's Sermons
on the Epistles., emphasis added:
"…This righteousness
of God as revealed in the Gospel is acquired for all men, so
that no weary and heavy laden soul need now despair. “He died
for us, that they which live should not henceforth live unto
themselves, but unto Him which died for them and rose again.”
2 Cor. 5:15. In Him should all the nations of the earth be
blessed; so that there is no foundation for the Jewish notion
that the blessing of Abraham should come only upon the Jews as
the chosen people. The chosen people are the
believers, as the apostle assures us “that they
which be of faith are blessed with faithful Abraham.” Gal.
3:9. And this holds equally against the error that God has
made an absolute election of certain persons who shall be
saved, whilst no provision has been made for the salvation of
the rest. All election is in Christ, and in Him all who
believe are saved. It is the eternal counsel of God
that salvation shall be by faith, and the elect are those
who believe." Matthias Loy, President of Cap Seminary, Long Ago