2 tablespoons butter
1 pound beef stew meat
6 cups chicken broth
4 cups water
1 1/2 cups sweet vermouth
2 cups new potatoes
2 large carrots, quartered
4 cloves garlic
2 teaspoons chopped fresh tarragon
1 bay leaf
1/2 cup Worcestershire sauce
1 tablespoon white sugar
1 tablespoon honey
1/4 teaspoon salt
1/4 teaspoon pepper