balboa
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BALBOA
COLONY
DARIEN
GOVERNOR
ITHMUS
MEXICO
PACIFIC
PANAMA
SPAIN
| P | A | N | A | M | A | A | L | G |
| D | D | M | N | R | C | L | O | P |
| B | A | L | B | O | A | V | A | N |
| X | R | V | T | C | E | C | U | I |
| Y | I | U | W | R | I | L | A | A |
| E | E | A | N | F | X | X | L | P |
| Z | N | O | I | T | H | M | U | S |
| F | R | C | O | L | O | N | Y | W |
| O | C | I | X | E | M | L | D | L |
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