Sailor's treaty (4)
I believe the answer is:
salt
This clue is a double definition.
'sailor's' is the first definition.
(salt is a kind of sailor)
'treaty' is the second definition.
(I know that SALT is a treaty)
(Other definitions for salt that I've seen before include "Sea dog" , "Preservative" , "Common substance" , "Crystalline substance used to season food" , "Seasoned sailor" .)