| Show NEW REPUBLIC OF PANAMA some facts and figures about that country the commerce of panama amounts to about 3 per annum its population Is about and its area Is 31 quare square miles or nearly equal to that of the state ot of indiana tl 9 principal ports are panama on the pacific coast and colon on the atlantic side and these ports are vis cited annually by more than 1000 1 ves sels which land over 1000 tons of merchandise and nearly passengers chiefly for transfer over the Pai panama jama k railway pryse ory seven miles in length connecting the pa port of panama with the atlan tic port of colon colon or aspinwall Aspin as it la is sometimes called has a population of about 3 persons the city of pan ama has a population of about 25 it was founded in 1519 burned in 1671 and rebuilt in while colon Is of much more recent date having been founded in 1855 the population which as already indicated amounts in number to about Is composed of various elements spanish indian negro and a limited number of persons from the european countries and the united states especially those engaged in commerce and transportation and the operation of the panama railway A considerable number of the tion Is composed of persons brought to the isthmus as laborers for the con st ruction of the canal and of their de ants panama is connected with san francisco by a keelly weel ly steamer sched ule operated by the pacific mail mall steamship company and with val paraiso by a weekly steamer schedule operated by the pacific steam tion company and south american steamship company two passenger and two freight trains leave panama dally daily for colon and colon dally daily for panama the time for passenger trains over the forty seven miles of railway Is three hours from panama there Is one cable line orth to american ports and one to the south the actual time con fumed in communicating with the united states and receiving an an ewer Is stated by the consul to be usually about four hours there are also cable lines from colon to the united states and europe the money of the country la Is silver the rate of exchange having averaged during the past year about 1 per cent |
