Penny Napoleonic Wars prompted the use of base metals in 1797. Despite the decimalization of currencies in the United States and, later, throughout the British Commonwealth, the name remains in informal use. No penny is currently formally subdivided, although farthings (¼ d.), halfpennies, and half cents have previously been minted and the mill (1/10¢) remains in use as a unit of account in some contexts. "Penny" is first attested in a 1394 Scots text, a variant of Old English ', a development of numerous variations including ', ', and '. The etymology of the term "penny" is uncertain, although cognates are
Old Quarter of Colon end of a treacherously marshy islet known as Manzanillo Island. As part of the construction of the Panama Railroad, the island was connected to the Panamanian mainland by a causeway and part of the island was drained to allow the erection of permanent buildings. Old Quarter of Colon The historic "Tacita de Oro" of the Atlantic Coasts. The Old Quarters of Colon are under renovation and reconstruction. The city was founded by Americans in 1850 as the Atlantic terminal of the Panama Railroad, then under construction to meet the gold rush demand for a fast route to California. For a