At Balboa there are three wharves, one 985 ft.
Thus he came at length to stand on the verge of the Indian Ocean; " gazing upon it," a writer has said, " with as much delight as Balboa, when he crossed the Isthmus of Darien from the Atlantic to the Pacific."
One of the crew of Enciso's ship, Vasco Nunez de Balboa, the future discoverer of the Pacific Ocean, induced his commander to form a settlement on the other side of the Gulf of Darien.
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.
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.
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).
It was purchased by De Lesseps's Compagnie Universelle de Canal Interoceanique de Panama for $25,500,000; and, with the other holdings of the French company, 68,869 shares (more than 97% of the total) passed to the 1 Christobal, the port of Colon, and Balboa, the port of Panama, lie within the canal zone and are under the jurisdiction of the United States.
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.
In June 1904, under the terms of an agreement with the American Secretary of War, Panama adopted the gold standard with the balboa, equivalent to an American gold dollar, as the unit; and promised to keep in a bank in the United States a deposit of American money equal to 15% of its issue of fractional silver currency, which is limited to four and a half million balboas.
An insurrection against Enciso in December 1510 put in command Vasco Nunez de Balboa, who had accompanied Rodrigo de Bastidas in the voyage of 1501.
Less directly, other sides of his activity may be considered as fulfilled by the Portuguese penetration of inland Africa, especially of Abyssinia, the land of the "Prester John" for whom Dom Henry sought, and even by the finding of a western route to Asia through the discoveries of Columbus, Balboa and Magellan.
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.
In 1513, Vasco Nunez de Balboa crossed the isthmus of Darien and saw the South Sea (Pacific).
As Balboa (3 m.