Answer:
Pirates put their booty in it.
A mile from end to end, yet as close to as a friend. A precious commodity, freely given. Seen on the dead and on the living. Found on the rich, poor, short and tall, but shared among children most of all.
A girl was ten on her last birthday, and will be twelve on her next birthday. How is this possible?
Gets rid of bad ones, short and tall. Tightens when used, one size fits all.
Who eats a lot of iron without getting sick?
Why was the belt arrested?