To stave things off as Penelope did. The word was apparently coined by Mr. Benton.

1

1841.  Diplomacy was still drawing out its lengthened thread—still weaving its long and dilatory web—still Penelopizing.—Mr. Thomas H. Benton of Missouri, U.S. Senate, June 14: Congressional Globe, p. 43, App.

2

1853.  There is nothing for it but to penelopize, pull to pieces, and stitch away again.—J. L. Motley in O. W. Holmes, ‘Life’ (1878), p. 72. (N.E.D.)

3