We sing the praise of Him Who died. T. Kelly. [Passiontide.] Appeared in Hymns by Thomas Kelly, not before Published, Dublin, 1815, No. 52, in 5 stanzas of 4 lines, and headed, "God forbid that I should glory save in the Cross: Gal. vi. 14." Here stanza v. reads:—
"The balm of life; the cure of woe;
The measure and the pledge of love:
'Tis all that sinners want below;
'Tis all that angels know above."
In later editions of Kelly's Hymns this stanza is altered by Kelly to:—
”The balm of life, the cure of woe,
The measure and the pledge of love;
The sinner's refuge here below,
The angel's theme in heaven above.”
This authorised text is that usually found in modern collections. InHymns Ancient & Modern, 1861, an additional stanza was given by the Compilers. The use of this hymn in all English-speaking countries is extensive. It has also been translated into several languages. The Rev. L. C. Biggs's rendering into Latin of the Hymns Ancient & Modern text in his annotated edition of Hymns Ancient & Modern, 1867, begins "Laudes canamus mortui." Lord Selborne [Sir R. Palmer] said at the York Church Congress, 1866 that this hymn "is distinguished by a calm subdued power, rising gradually from a rather low to a very high key [quotes, and continues], I doubt whether Montgomery ever wrote anything quite equal to this." In several collections this hymn begins with stanza ii., "Inscribed upon the Cross we see." An adaptation of the original text for use at Holy Communion is given in the Memoir of S. Medley, by his daughter, published in Liverpool in 1833. It begins with the same first line, and was probably made by Medley.
--John Julian, Dictionary of Hymnology (1907)