BUSINESS ABROAD: The Boom in Australia

Gathering in Canberra last week to celebrate their tenth year in office, the leaders of Australia's Liberal Party looked upon their nation's economic progress with warm and prideful eye. Said Prime Minister Robert G. Menzies: "The whole face of the land is being changed. No other country of comparable size or population in the world is so busy building its future." On the same day, a crowd of 1,400 in Sydney watched the opening of a $3,300,000 plywood factory spreading over 14½ acres of onetime swampland; McCulloch Motors Corp. of Los Angeles announced that it would start making outboard...

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