Thy grace no man can say.
How much I owe to Thee.
Of love, all loves above.
Whoe'er that love could win?
That He for us should die.
O Father God, we owe Thee all!
All that we are and have!
'Tis all that we can give.
I would personally recommend this hymn be sung to the alternate tune to better match the feeling of the writer (i. e. , the tune of hymn, #600).
I feel the writer here had a fundamental yet often overlooked realization (one I find very lacking among us younger ones today) which is that we owe our lives to the dying love of the Lord and of the love our Father had toward us.
The words of our Lord to the sinful woman caught in adultery come to mind: "... her sins, which are many, are forgiven, for she loved much; but he who is forgiven little, loves little" (Luke 7:47). I sense the words of this hymn can only have come from one who truly knew what it was to be forgiven. It dawned on me one day just how much our God has given to us, the sinful, prodigal children that today we should be called the sons of God. This hymn brought to me a deep repentance with tears and a heart full of love and gratitude toward our God and Father. And though seemingly so basic, I could not help but feel the freshness of my rekindled love for the Father. How short my realization had been all those years! "O Father God, we owe Thee all!"