1. Melt butter in a large, deep pot (one that has a lid) over medium heat. Add
onions, and stir to coat with butter. Cover; cook 15 minutes, stirring
occasionally until onions are very soft and begin to turn golden brown.
2. Uncover and increase heat to medium-high. Stir in sugar. Cook, uncovered,
6 to 7 minutes, stirring often. Sprinkle with flour and cook
1 minute longer. Stir in broth, sherry or wine and 1 cup water. Simmer,
uncovered, for 5 minutes.
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