[1948 - John Wayne, Gig Young, Duke Kahanamoku - Colorized - 106 minutes] Captain Ralls (Wayne) goes after sacred pearls on a tropical island where he falls for a sultry native woman. Locked in bitter rivalry for the woman and the pearls, with the owner of his ship The Red Witch, Ralls purposefully sinks the ship which is carrying millions in gold. Later he makes a daring attempt to salvage it and fights a giant octupus at the bottom of the sea. Also native dancing and a luau scene.