Just an interesting note: I believe that Goodwin used the expression "atonement by faith." I think that's a helpful way to understand atonement, since it is not until faith that we are covered in the righteousness of Christ. Thoughts?
Yes; good point. It is called a propitiation through faith in His blood. For Goodwin, the covenant with Christ provided that the instrumentality of faith would be merited by the righteousness of Christ. So the atonement could not have an universal reference.