Many Waters is a 1931 British romance film directed by Milton Rosmer and starring Lillian Hall-Davis, Arthur Margetson and Elizabeth Allan. The film was shot at the Elstree Studios of British International Pictures. It was based on the 1928 play of the same title by Monckton Hoffe. An elderly couple reminisce about the romantic adventures of their youth. It was the last film of actress Lillian Hall-Davis, a star of the silent era, who committed suicide in 1933.