ectypal.net

...we shall have to say that John’s baptism, together with all the Old Testament rites, had real grace connected with it, but only the Old Testament measure and quality of grace. What it had not was the Spirit in the specific Christian conception; for the bestowal of that, and its connection with baptism, are dependent on the Pentecostal outpouring of the Spirit. Consequently the baptism administered in the time between by the disciples of Jesus must be classified with the baptism of John, as a continuation thereof, and not as an anticipation of Christian baptism.