Sugar Browned Potatoes

3 lb. new potatoes

1/2 cup margarine

1/2 cups sugar

1 tsp salt

Heat salted water in large pot (1 tsp salt to 1 cup water) to boiling. Add potatoes and heat to boiling. Reduce heat to simmer. Cover and cook 20-25 minutes. Cook and stir margarine, sugar, and salt in large skillet over medium heat until mixture starts to turn golden brown. Remove from heat and cool slightly. Stir in water until blended. Drain water from potatoes. Add potatoes to skillet. cook over low heat, turning potatoes to coat with sugar mixture. Serve.