Possible Clues:

• Cylindrical fish
• Fishy to see disreputable paper retreating?
• Paper over something fishy here
• Swimmer hoisting sail
• Alligator ___ (underwater menace)
• Civil War veterans' grp.
• That's a fishy way to have a bit of a material turn
• Air-gulping fish
• Bony fish
• Fish that may masquerade as a log