Spanish Rice

Ingredients

• 1 1/2 c. long grain rice (raw)
• 1/2 c. butter or margarine
• 1 1/2 c. tomato juice
• 1 1/2 c. water
• 1 onion, chopped
• 1 green pepper, chopped
• 1 1/2 tsp. salt
• 1 lb. ham or sausage, fried and drained