Colombia for the new Republic. Simón Bolívar became the first President of Colombia, and Francisco de Paula Santander was made Vice President. However, the new republic was unstable and three countries emerged from the collapse of Gran Colombia in 1830 (New Granada, Ecuador and Venezuela). Colombia was the first constitutional government in South America, and the Liberal and Conservative parties, founded in 1848 and 1849 respectively, are two of the oldest surviving political parties in the Americas. Slavery was abolished in the country in 1851. Internal political and territorial divisions led to the dissolution of Gran Colombia in 1830. The so-called
Gran Colombia at Angostura) became a new country, the Republic of New Granada. In 1858, New Granada was replaced by the Granadine Confederation. Later in 1863, the Granadine Confederation changed its name officially to the United States of Colombia, and in 1886, adopted its present-day name: the Republic of Colombia. Panama, which voluntarily became part of Gran Colombia in 1821, remained a department of the Republic of Colombia until 1903, when in great part as a consequence of the Thousand Days War of 1899–1902, it became independent under intense American pressure. The United States wanted territorial rights in the future Panama Canal