How vast the treasure we possess!
How rich thy bounty, King of grace!
This world is ours, and worlds to come;
Earth is our lodge, and heav'n our home.
All things are ours: the gifts of God;
The purchase of a Savior's blood;
While the good Spirit shows us how
To use, and to improve them too.
If peace and plenty crown my days,
They help me, Lord, to speak thy praise;
If bread of sorrows be my food,
Those sorrows work my lasting good.
I would not change my blest estate
For all the world calls good or great;
And while my faith can keep her hold,
I envy not the sinner's gold.
Father, I wait thy daily will;
Thou shalt divide my portion still;
Grant me on earth what seems thee best,
Till death and heav'n reveal the rest.
The Psalms and Hymns of Isaac Watts
How vast the treasure we possess. J. Watts. [All things in Christ.] This hymn, as in Bickersteth's Christian Psalmody, enlarged edition, 1841, the Baptist Psalms & Hymns, 1858, and others, in 5 stanzas of 4 lines, is a cento from two hymns appended to Watts's Sermons, 1721-4, the first beginning, "How vast the treasure we possess"; and the second, "My soul, survey thy happiness." In the cento, stanza i. is from the first, and stanzas ii.-v. are from the second of these two hymns.
--John Julian, Dictionary of Hymnology (1907)