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Wilmer & Smith's European Times, which appears to be one of the few English papers favorable to the Yankees, expresses the opinion that if the North does not conquer the South in the next ninety days, the European Powers will have to step in, and, for the sake of humanity, both in Europe and America, put an end to the present struggle. We place no reliance upon the aid of the European Powers. We can achieve our own independence, and will do it, no thanks to any of them. As to the conquest of the South in ninety days, that is a beautiful idea. If it could be effected, it would also be a conquest of the Yankees themselves, and of everything in America in which Europe is interested.--The great staples will be destroyed before they can pass into the possession of our enemies. We have strength enough, at all events, to accomplish this object, and it will be done.