The Collaborative International Dictionary of English v.0.48:
Milk \Milk\ (m[i^]lk), v. t. [imp. & p. p. Milked (m[i^]lkt);
p. pr. & vb. n. Milking.]
[1913 Webster]
1. To draw or press milk from the breasts or udder of, by the
hand or mouth; to withdraw the milk of. "Milking the
kine." --Gay.
[1913 Webster]
I have given suck, and know
How tender 't is to love the babe that milks me.
--Shak.
[1913 Webster]
2. To draw from the breasts or udder; to extract, as milk;
as, to milk wholesome milk from healthy cows.
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3. To draw anything from, as if by milking; to compel to
yield profit or advantage; to plunder. --Tyndale.
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They [the lawyers] milk an unfortunate estate as
regularly as a dairyman does his stock. --London
Spectator.
[1913 Webster]
To milk the street, to squeeze the smaller operators in
stocks and extract a profit from them, by alternately
raising and depressing prices within a short range; --
said of the large dealers. [Cant]
To milk a telegram, to use for one's own advantage the
contents of a telegram belonging to another person. [Cant]
[1913 Webster]