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The Herald on England and Spain.

The New York Herald utterly refuses to accept the London Times' disclaimer of ill will on the part of England to the Union. It threatens that as sure as the South is subjugated, the army of five hundred thousand will have a foreign war, and says: ‘"For the outrage offered in the Queen's proclamation, the United States will possess itself of Canada, and for the invasion of St. Domingo, has Catholic Majesty will certainly have to pay with the price of Cuba." ’ What a terrible Herald! These Northern thrusts, going to Europe with the ms steamer whish conniving the intelligence of the terrific rout of the 21st, will help the Northern cause mightily abroad!

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