11 MAY 1867, Page 2

A story is current in the United States which, incredible

as it looks, one would think must have some sort of foundation. It is said that Mr. Seward is negotiating for the sale to the Union of all British America from the Pole to 400 lat., and from the Pacific to the Canadas. This would make the Pacific side of the continent American, and Mr. Seward offers as part of the price to surrender the Alabama claims, and, we presume, to provide against the use of American privateers by our European enemies. It is actually said that Lord Stanley is only holding out for Van- couver's Island. If Mr. Seward has made any such offer, we trust Lord Stanley will remember that the owner of the American Pacific seaboard will always be the most formidable enemy India could have.