Cincinnati Chili

Ingredients
2 tbsp. oil 
2 1/2 lbs. Ground Beef 
1 Quart Coldwater 
1-6 oz Tomato Paste 
2 large Onion (diced) 
1 1/2 tbsp. Vinegar 
1 tsp. L & P Worcestershire Sauce 
1 clove Garlic (crushed) 
2 tbsp. Chili Powder 
5 Bay Leaves 
2 tsp. Cinnamon 
1 tsp. Allspice 
2 tsp. Cayenne Pepper 
1 1/2 tbsp Unsweetened Cocoa 
Salt & Pepper to taste 

Directions

In a heavy guage pot - heat oil, add beef until brown, add onions and water and bring to a boil. 
Reduce to a simmer and add tomato paste and all other ingredients and let simmer 1 1/2 - 2 hours. 
Adjust with salt & pepper to taste. 
Remove Bay Leaves before serving.