Definition of "squamigerous"

Can it be possible that silver is to be trodden down by the feet and claws of gold-bugs, flattened by the Kanchulla of money-devils or swallowed by the squamigerous hydra of Wall Street?

1897 May 13, “Run Here, Somebody”, in The Montgomery Advertiser, volume LXVII (old series) / XXXII (new series), number 291, Montgomery, Ala.: The Advertiser Co., page 4, column 2