1 lb. bacon
2 cans whole water chestnuts
1/2 c. chili sauce
1/2 c. brown sugar
1/2 c. mayonnaise

Wrap chestnuts in bacon. Insert toothpick to hold together. Bake 10 minutes. Drain grease. Mix sauce, brown sugar and mayonnaise. Pour over chestnuts. Bake 20 more minutes at 350 degrees.