Sentence:  The American people are largely under the influence of animal magnetism. Whether they are drawn to the levée of a Tom Thumb or to a <WSD>hobnob</WSD> with the Russians, the safety-valves of their joyous feelings are sure to be opened when the Stars and Stripes flaunt over their churches, public buildings, and private dwellings. 
Meaning of the word marked with <WSD> tags:  An informal chat.