1 Timothy 1:1: "Paul, an apostle of Christ Jesus by command of God our Savior and of Christ Jesus our hope"
Colossians 2:13-15: "13 And you, who were dead in your trespasses and the uncircumcision of your flesh, God made alive together with him, having forgiven us all our trespasses, 14 by cancelling the record of debt that stood against us with its legal demands. This he set aside, nailing it to the cross. 15 He disarmed the rulers and authorities and put them to open shame, by triumphing over them in him."
Psalm 146:5-10: "5 Blessed is he whose help is the God of Jacob, whose hope is in the LORD his God, 6 who made heaven and earth, the sea, and all that is in them, who keeps faith forever; 7 who executes justice for the oppressed, who gives food to the hungry.
"The LORD sets the prisoners free; 8 the LORD opens the eyes of the blind. The LORD lifts up those who are bowed down; the LORD loves the righteous. 9 The LORD watches over the sojourners; he upholds the widow and the fatherless, but the way of the wicked he brings to ruin. 10 The LORD will reign forever, your God, O Zion, to all generations. Praise the LORD!"
John 8:12: "Again Jesus spoke to them, saying, 'I am the light of the world. Whoever follows me will not walk in darkness, but will have the light of life.'"
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The hymn's title phrase ("Hope of the world"), which occurs at the beginning of each verse, seems to come from both 1 Timothy 1:1 and Psalm 146:5. There are other references to Psalm 146 through the hymn. The description "who gives food to the hungry" in verse 7 appears in the hymn's second verse as "Bringing to hungry souls the bread of life" (which also incorporates John 6:35, 48, where Jesus calls Himself "the bread of life"); "the LORD watches over the sojourners" in verse 9 appears in the hymn's third verse as "Showing to wand'ring souls the path of light" (which also incorporates John 8:12); and "the LORD will reign forever" in verse 10 comes at the end of the hymn's last (fifth) verse: "Thou art our Lord! Thou dost forever reign!"
The passage from Colossians 2 appears in the first half of the fourth verse ("Hope of the world, who by Thy cross didst save us / From death and dark despair, from sin and guilt") and in the first half of the fifth verse ("Hope of the world, O Christ, o'er death victorious, / Who by this sign didst conquer grief and pain").