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
Separation of Panama from Colombia from Colombia and establishment of an independent republic. When the United States sought to take over the canal project, the government of Colombia proved difficult to work with, and with the cooperation of French financier Philippe-Jean Bunau-Varilla, Panama simultaneously declared independence from Colombia and negotiated a treaty granting the U.S. the right to construct the canal. The United States was the first country to recognize the independence of the nascent republic, sending the U.S. Navy to prevent Colombia from retaking the territory during the first days of the new Republic. In exchange for its role in defending the Republic, and