In this high-seas adventure, a woman creates a great rift between old friends: an experienced older diver, and his younger protege. They become enemies when a gold-digger marries the latter. She soon leaves him in favor of a wealthy yachtsman. She is aboard his boat when an accident occurs. The two divers must salvage the costly boat before it sinks.

Chorus girl Barbara Pell (Nancy Carroll) inherits a school for boys, and uses her position to sabotage the football career of the boy who jilted her.

Alcoholic playboy Wallace MacDonald (as Bruce Armstrong) would like to sober up and become more responsible, after a drinking accident causes him to cripple little brother Pat Moore (as Jimmy Armstrong). Still, the lure of liquor makes him to sneak drinks at home, and go out partying with carefree showgirl Clara Bow (as Marilyn Merrill). He's promised Ms. Bow he'll quit drinking and gambling. Further complicating Mr. MacDonald's life are the bad checks he's been accumulating. Nasty Stuart Holmes (as Tom Canfield) and Tom Santschi (as "Big Joe" Snead) force MacDonald to join their diamond smuggling racket, in lieu of payment.

In czarist Russia, a princess falls for a dashing bandit leader, but their romance proves a stormy one.

When Texas Grant rides into town people think the supposedly dead Jim Rawlins has returned. After a confrontation with Utah Becker, Grant learns Jim's wife, Helen, is about to lose her ranch to Becker, so he decides to stay and pose as Rawlins in an effort to help her.

A mad doctor is determined to take revenge on the family he believes is responsible for his daughter's death.