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2 tablespoons butter or margarine, melted

1 (2-pound) can sliced peaches with juice

1/2 teaspoon ground cinnamon

1/4 teaspoon ground nutmeg

1 tablespoon cornstarch

1/2 cup water

1 cup milk

1 cup granulated sugar

1 cup all-purpose flour

2 teaspoons baking powder

1/4 teaspoon salt

1/2 cup butter or margarine

1 tablespoon granulated sugar

1/2 teaspoon ground cinnamon

1. Combine 2 tablespoons melted butter or margarine, spices, and sliced peaches with juice. Stir cornstarch and water together; mix into peach mixture.
2. In another bowl, mix together milk, sugar, flour, baking powder, and salt; mixture will be thin.
3. Melt 1/2 cup butter or margarine in 13 x 9 x 2-inch pan.
4. Pour batter over melted butter.
5. Spoon peaches over batter.
6. Mix together the sugar and cinnamon and sprinkle over top.
7. Bake at 350*F (175*C) for 45 minutes to 1 hour, or until golden brown.

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