To fly the kite is to “raise the wind,” or obtain money on
bills, whether good or bad. It is a Stock Exchange phrase, and means as
a kite flutters in the air by reason of its lightness, and is a mere
toy, so these bills fly about, but are light and worthless. (See Stock Exchange Slang .)
Source: Dictionary of Phrase and Fable, E. Cobham Brewer, 1894
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