old name for "Z," 1738, a variant of zed. The guess that it representes S-hard wants evidence.
Entries linking to izzard
zed n.
"the name of the letter Z in the alphabet," c. 1400, probably from Old French zede, from Late Latin zeta, from Greek zēta, from Hebrew zayin, letter name, literally "weapon;" so called in reference to the shape of this letter in ancient Hebrew. U.S. pronunciation zee is first attested 1670s. Other dialectal names for the letter are izzard, ezod, uzzard, and zod.