A small satirical or political temporary jeu d’esprit, which, like the firework of that denomination, sparkles, bounces, stinks, and vanishes.
Definition taken from The 1811 Dictionary of the Vulgar Tongue, originally by Francis Grose.
Squelch * Squint-a-pipesNathan Bailey's 1736 Dictionary of canting and thieving slang
John S. Farmer's collection of canting songs and slang rhymes