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e strike a more decided blow than we have yet given. The assumption of positive neutrality for so many months deprives them of a pretext to interfere until something more is done — until a new phase is presented by the situation of the contest. Seward is artful enough to keep his foreign relations in a well guarded condition. He will apologize to the great powers for every outrage of subalterns rather than fight until he has succeeded in subjugating the South, which he is sufficiently deludedhem the raw material they so much need to give their people occupation. It is true, they are to be undeceived both by the destruction of cotton in the South and the failure to plant a crop this year. But when they are undeceived in this respect Seward will be again ready with another trick in political legerdemain for their diversion. They have lost the pretext for breaking up the block ade of our ports — they have almost deprived themselves of all reason to interpose on any ground. Yet thei