Statue that is stuffed with paper item (5)
I believe the answer is:
image
'statue' is the definition.
(I've seen this before)
'that is stuffed with paper item' is the wordplay.
'that is' becomes 'ie' (short for Latin 'id est', 'that is').
'stuffed with' indicates putting letters inside (some letters get stuffed inside).
'paper item' becomes 'mag' (I am not sure about this - if you are sure you should believe this answer much more).
'ie' going around 'mag' is 'IMAGE'.
Can you help me to learn more?
(Other definitions for image that I've seen before include "Simile, metaphor" , "Figure (of speech?)" , "Copy" , "Purplish pigment; pool" , "Iconic representation" .)