I have posted up another quote from Walther of a paragraph just above this one. If you want you can read that before this one. I wanted this separately because of emphasis to stress the distinction between the Gospel in its wide and narrow sense.
"There is a similar usage as regards the term Gospel; sometimes it is used in a wide, then again in a narrow meaning. The narrow meaning is its proper sense; in its wide meaning it is used merely by way of synecdoche, signifying anything that Jesus preached, including even His very poignant preaching of the Law, as, for instance, the Sermon on the Mount and His reproving of wicked men. Besides the term Gospel is used in contradistinction to the Old Testament, which often signifies only the teaching of the Law." - C.F.W. Walther, The Proper Distinction between Law and Gospel
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