"The power and authority of the higher, or Melchizedek Priesthood, is to hold the keys of all the spiritual blessings of the church—"
We are told in Hebrews, in the New Testament that Christ was a High Priest after the Order of Melchizedek, and the Presiding High Priest. He gave that same priesthood to his apostles, with the authority to preside. After the church fell away, that Authority was lost. In our modern era, Peter, James, and John, now resurrected, glorified beings, appeared to Joseph Smith and Oliver Cowdery, and restored the Melchizedek Priesthood to the earth, and the authority to minister as the Savior did. The long night of apostasy was over.
What a blessing it is to have the power and authority of the Savior on this earth, so that we, and all the peoples of the earth, and all who have or ever will live upon it, may be blessed. It stretches from before the beginning of time into the eternities and beyond, and has the power to touch and change the hearts of the children of men, one by one and heart by heart, and endure with them forever.
May we be grateful for the many blessings, too numerous to count, that have come to this earth since that time.
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Scripture in Doctrine and Covenants 107:18 https://www.lds.org/scriptures/dc-testament/dc/107.18