West of the city, connected with it by railway, and formerly called La Boca), the port of Panama and the actual terminus of the canal, is in the Canal Zone and is a port under the jurisdiction of the United States, the commercial future of Panama is dependent upon American tariffs and the degree to which Panama and Balboa may be identified.
Not long after the death of Columbus, and when the Portuguese traders, working from the west, had hardly reached the confines of the Malay Archipelago, the Spaniard Vasco Nunez de Balboa crossed America at its narrowest part and discovered the great ocean to the west of it (1513).
In 1513, Vasco Nunez de Balboa crossed the isthmus of Darien and saw the South Sea (Pacific).
He accompanied Balboa (whom he afterwards helped to bring to the block) in the discovery of the Pacific; and under Pedrarias d'Avila he received a repartimento, and became a cattle-farmer at Panama.
At Balboa there are three wharves, one 985 ft.
The principal cities' in Panama are: Colon (q.v.), at the Caribbean end of the canal; Panama (q.v.), at the Pacific end of the canal, and near it, in the Canal Zone, the cities of Balboa and Ancon; Bocas del Toro (pop. about 4000), capital of the province of the same.
There are various pleasure resorts in the mountains, and among seaside resorts are Santa Monica, Ocean Park, Venice, Playa del Rey, Hermosa, Redondo, Terminal Island, Long Beach, Alamitos Bay, Huntington Beach, Newport, Balboa and Corona del Mar.