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State Senator Kemble made a speech opposing any enlargement of the NY&H’s capital. When the news of impending scarcity hit Wall Street, the price of Harlem stock rose. At the top of the market, Kemble’s broker sold short. Kemble then pushed a bill through the legislature enlarging Harlem’s capital, and the price plummeted. As these were early days, and such behavior was still considered inappropriate, Kemble was expelled from the Senate.
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Edwin G. Burrows (Gotham: A History of New York City to 1898)