Australia: The Hustlers

Australia's policy of excluding Asians, which has long irritated its up over neighbors, does not extend to Asian currency. With Australian exports to Asia up by 300% since 1959, money is flowing down under where immigration cannot. During the first ten months of fiscal 1963, reported the Australian government, the value of Aussie goods exported to Asia rose to $855 million, exceeding 1962's record-breaking total of $778 million. So far in 1964, Japan for the first time has displaced Britain as Australia's No. 1 customer, and Red China is buying more than 53% of Australia's wheat exports.

The surge in exports...

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