1 pkg. marshmallows (big)
1 lb. caramel
1 (14 oz.) can Eagle Brand milk
1/4 c. butter
Rice Krispies (box)

In a double boiler, combine milk, caramel and butter. Cook over water until caramel is melted; mix well. Insert a toothpick in a marshmallow; roll in caramel mixture. Drain excess caramel mixture off of marshmallows. Then roll in Rice Krispies. Pat the Rice Krispies well.