Mr. Seward to Mr. Clay.
Sir: Your despatch of the 19th ultimo (No. 5) has been received. In reply, I have to inform you that the Russian and American telegraph project of Mr. P. McD. Collins, to which it relates, is under consideration.
I am, sir, your obedient servant,
Cassius M. Clay, Esq., &c., &c., &c.