1. In a large Dutch oven or stockpot, cook beef and onion over medium heat until meat is no longer pink; drain. Add the water, bouillon cubes, tomatoes, rice and seasonings. Bring to a boil. Reduce heat; simmer, covered, for 1 hour.
2. Add peppers; cook, uncovered, for 10-15 minutes or just until tender. Yield: 16 servings (4 quarts).