To pay up in cash.

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1824.  Every man, save Silvy, vociferously swore that he had ponied up his “quarter.”—Atlantic Magazine, i. 343. (N.E.D.)

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1824.  I’ve heard as how he’d like to have drown’d a man once, ’fore he could make him poney up.The Microscope, Albany, April 3, p. 15/3.

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1855.  He thinks the old gentleman will “poney up,” sooner or later.—D. G. Mitchell, ‘Fudge Doings,’ ii. 172.

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a. 1872.  She reasoned, that, when they saw there was no fire nor smoke on the day in question, they’d pony up with the [borrowed] sugar and saleratus, and the hundred and one other things.—J. M. Bailey, ‘Folks in Danbury,’ p. 102.

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