1 lb. bacon
2 cans whole water chestnuts
1 c. ketchup
1 c. sugar
Dash soy sauce
Dash Worcestershire sauce

Cut bacon in half. Wrap water chestnuts with half a strip of bacon each. Hold together with toothpick. Broil 10-15 minutes or until bacon is done. Turn when halfway done.

Stir remaining ingredients on stove until it comes to a boil. Add horseradish to taste. Serve warm.