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What if GB and the US went to war in 1862 and the CSA got independence. Because it won so quickly it keeps all 11 states but the Union Slave States are still gone.

This thread makes the following assumptions

1) The CSA is where the North was in 1850 in industrialization by 1876.
2) The US economic growth rate is slowed down 25% from OTL
3) A colonial war breaks out between GB and France in 1875 that spirals out of control to total war in 1876.
4) The US takes this opportunity to declare war on the CSA.

What happens?
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