Source: My Little Pony Spring Special, Spring 1986
Comments: Yes, in her hand. Also, this is a rare story in which Majesty doesn’t take instant, lethal revenge||, which leaves the mind free to invent its own special brew of nightmare fuel.||
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That caught me up, too, at first, but look again at the Goblin’s spell: he transfers the green from his coat onto Baby Glory’s face. As for where the red came from, it’s magic.
My head says something like what happens to the terrorists at the end of Look to Windward but with more spiders.