Bishop Cosin proceeds to argue thus: “Can
anything more clear be said? Either the ointment is
transubstantiated by consecration into the spirit and grace of Christ,
or the bread and wine are not transubstantiated by consecration into
the Body and Blood of Christ. Therefore as the ointment retains
still its substance, and yet is not called a mere or common ointment,
but the Chrism or grace of Christ: so the bread and wine
remaining so, as to their substance, yet are not said to be only bread
and wine common and ordinary, but also the Body and Blood of
Christ.”