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"Sovereign Grace: Its Source, Its Nature and Its Effects" by Dwight Lyman Moody is a profound exploration of the concept of grace as presented in Christian theology. Moody emphasizes that grace is an unmerited favor from God, a gift that cannot be earned through human efforts or works. The text delves into the nature of grace, illustrating its source as the heart of God and its manifestation through Jesus Christ. Moody argues that salvation is a free gift, accessible to all who believe, regardless of their past sins or current status. He contrasts the self-righteousness of the Pharisees with the humility of the publican, highlighting that a contrite heart is essential for receiving God's grace. Moody also addresses common misconceptions about grace, particularly the belief that it can be earned through good works. He clarifies that while good works are a natural outcome of receiving grace, they are not a prerequisite for salvation. The text includes various biblical examples, such as the stories of the Syro-Phoenician woman and the centurion, to demonstrate how grace operates in the lives of those who approach God with humility and faith. Furthermore, Moody discusses the transformative power of grace, which not only forgives sins but also empowers believers to live a life of service and devotion. He encourages readers to trust in God's grace rather than relying on their own efforts, and to accept the gift of salvation with a humble and open heart. Through anecdotes and scriptural references, Moody illustrates the boundless and inclusive nature of divine grace, inviting all to partake in its blessings.