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England and France on the Southern Question. The leading journals of England and France are beginning to indicate unmistakably that their respective countries have not the most remote idea of dispensing with Southern cotton. The London Herald of the 5th of February, anticipating the official news which we have just received from Washington, says: "The United States so long as they cohered, felt strong enough to stand aloof from the public law of Europe; but the secession movement, besides opening up a door for the treaty of Paris being revised, and made, without exception, the law of nations, is likely to raise questions of international right, in which we shall have the deepest interest. The United States Government was originally founded upon certain delegated powers by a community of sovereign States, who have still exercised their independent sovereignty, and it is held by the seconding States that the delegated powers may now be withdrawn. If we must assent to this