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NEWS OF THE WEEK.

THERE is no fresh news to report as regards Armenia, except that the Porte has not yet yielded, and that Lord Salisbury's warning has not proved so immediately effective as was hoped. There are two explanations of the Sultan's stubbornness. One is that he will run any risk rather than give up his Armenian policy,—a policy which it is difficult to distinguish from one of extermination ; the other is that one or both of the Powers who are apparently acting with us, are in secret encouraging the Turks to stand firm. Which is the true explanation we cannot attempt to decide.

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