One important thing I forgot to mention earlier.... if you run the 50hz motor at 60hz, then the pump will run approximately 20% faster. For centrifigual pump with 20% speed increase, the flow should go up proportional to speed (approx 20% increase), the differential pressure should go up prop to speed-squared (approx 40% increase), and the power (current) should go up approx prop to speed-cubed (approx 60% increase). So a pump which might pump fine for a given fluid system resistance at 50hz might easily overload it's motor at 60hz. In that case the normal overload protection should trip the motor.
As to the choice of whether you want to select a slightly higher voltage than nominal (460v on 400v terminal configuration) or a slightly lower voltage than nominal (208volt on 220v terminal configuration)... I would pick the higher-than-nominal voltage (460v supply) since this tends to offset (compensate for )several of the effects of the increased frequency:
#1 - Increased frequency reduces available torque at a given speed, but increased voltage increases available torque. So picking the higher voltage (as compared to nominal) lessens the probability that you will have problems meeting load torque during starting or running.
#2 - Increased frequency increases speed which increases power demand as discussed above. However, higher voltage (as compared to nominal) will enable you deliver that higher power with less current and less I^2*R losses.
I'm assuming that the unit has the same nameplate horsepower rating regardless of which taps you select.