Verse 1  - INCREDULITY

1 - And can it be, that I should gain

2 - An Interest in the Saviour's Blood!

3 - Died He for Me?—who caused his Pain

4 - For Me ?—who Him to Death pursued

 5 - Amazing Love! how can it be

6 - That Thou, my god shouldst die for Me?

Some Bible References line by line

Line 1 - Ephesians 1  7+14 (Assurance)

Line 2 - Luke 22 : 20 (God’s new covenant)
Col. 1 : 20 (peace)
1 John 1 : 7 (cleanse from sin)
Eph 2 : 16 (reconciled to God by Cross)

Line 3 - Galatians 2 : 20 (gave his life for me)
Col 2 : 14 (record of our debts)
1 Pet 2  24 (our sins)

Line 4 - Acts 9 : 4-5 (whom you persecuted)

Line 5 - 1 Jn 3 : 1 (Gods love – called us his children)
Jn 3 :16 God loved the world so much that....

I read this verse with a great big question mark at the end of line 2. 

As an Oxford graduate, Anglican clergyman, missionary, (and coming from a theologically conscious home) Charles was familiar with the concept of Christ dying on the Cross to redeem humanity. There are question marks in lines 3, 4 and 6 - Me? Me? Me?. The biblical truth which Charles Wesley recognised intellectually, but found difficult in accepting emotionally, was that God had sent his son into the world to die on a cross for his, Charles’, redemption - and not just a blanket offering for humanity at large. But he had to seek it out and accept it for himself. Friday May 19^th 1738 – “I looked for him all night with prayers, and sighs, and unceasing desires. Nevertheless God would not suffer  me to doubt the truth of his promises.”

Having discovered the reality of this Biblical truth two days later, on Whitsunday,  he could say “I now found myself at peace with God, and rejoiced in hope of loving Christ.” On the Monday he said, “Today I saw him chiefly as my King and found him in his power” and on Tuesday, “I waked under the protection of Christ and gave myself up, soul and body, to him.” 

On reflection, the overwhelming thought was of the nature of the love underlying God’s actions – “Amazing love!” spelt out in more detail in “Love divine, all love excelling” (HP 267).