The King of England's speech at the prorogation of Parliament, contains nothing remarkable, worth the attention of America, except compliments to the two Houses upon their magnanimity and perseverance in the pursuits of this just and necessary war, which he says, has put it in his power to make such efforts, that he dares hope, with the aid of Divine Providence, to disconcert the violent and unjust designs of his enemies, and induce them to listen to equitable and honorable terms of peace. These efforts have already been followed by success both by sea and land, and the happy and important turn, which affairs have lately taken in North America, makes me conceive the best founded hopes of the return of the affection and loyalty of my subjects of the Colonies, and of their happy reunion with their mother country. There is one more sentence, which deserves attention. "Exert yourselves to inculcate this important truth, that rebellious insurrections to resist or reform the laws, cannot fail to terminate in the destruction of those who have made the attempt, or by the subversion of our happy and free constitution." Americans will make their own reflections on this speech. It is very certain, that it has not the air nor the spirit of peace. _Madrid, the 27th of June._ "We expect to learn in a few days, the formation of the combined fleet in the Bay of Cadiz. The following is the state of the Spanish vessels which are now there, ready to go out under the command of Lieutenant General Don Louis de Cordova; La Tres Sainte Trinite, of one hundred and twenty guns; the Foudre and S. Ferdinand of eighty; the Sainte Isabelle, the Ange Gardien, the Serieux, the Atlas, the St Pierre Apotre, the Orient, the St Raphael, the St Joachim, the St Damase, the St Isidore, the St Eugene, and the St Laurent of seventy; the Mino of fiftysix; the frigates, the Ste Lucie of thirtysix, the Ste Rufine of twentyeight, the Ste Barbe, and the Assomption of twentysix; the chebecs, the Majorquais, and the Murcien of thirtysix; the St Sebastian of twentyfour, and the corvette, the Ste Catharine of eighteen. To these vessels must be added the squadron of Ferrol, which entered on the 23d of May in the Bay of Cadiz, under the command of Don Athanasio Baranda, and composed of the vessels, the Conception of ninety; the St Charles and the St Vincent of eighty; the Ferme, the Galice, the St Paschal, and the Brilliant of seventy; the Septentrion of sixtyfour; the frigates, El Carmen and the Perpetua of thirtysix; as well as the corvette, the Ste Helene of twentytwo guns; making thus a total of twentyfour ships of the line, six frigates, four chebecs, and two cutters."