Look here 1921 New York Times news story of Women's Christian Temperance Union denouncing Put and Takes by name.
Game: TEETOTUM -- (Detail from Brueghel's Painting) . By far, the most common rule is for all the players to add one chip to the pot if "O", "All Put," etc. Also included are many put and takes that I do not own, pictures taken from e Bay listings. Look here, here and here, from a site about Spanish language put and takes.
You can improve/restore the spinning ability of tops.
The commands on the six sides are usually in words. The commands are usually: take all, all put, take two, put one, take one, and put two.
The top would pass to the next player after each spin. For example, "Put All" could mean that the spinner matches the pot! 6-sided tops, like the one at the left, are much more common than 8-sided ones.
They also provide information on the letters (P, N, D, etc.) and initials (NG, ZS, TA, etc.) found on many, especially old, Put & Takes, teetotums, etc: Wikipedia Teetotum article . If it landed "0" or Put All or All Put, he would have to match the pot (the rule given in John Scarne's "Scarne on Dice.") or lose all his chips or each player would have to contribute to the pot, depending on the rules.