The original by poet Southey goes:
What Folks Are Made Of
«What are little boys made of
Snips and snails & puppy dogs tails
And such are little boys made of.
What are young women made of
Sugar and spice and all things nice»
I guess all the others that doesn't fit into those 2 categories are just boring beings made of bones, flesh and blood ╮( ̄▽ ̄)╭
Snips are a type of eels.
In modern versions, you have one as you said with Snakes, and also one about little girls being made of sweets, flowers and sparkles.
So everytime I read this manga it makes me laugh. The poem goes snakes and snails and puppydog tails that's what little boys are made of.