2 3/4 cups all-purpose flour
1 3/4 cups granulated sugar
1 teaspoon baking powder
1/2 teaspoon salt
3 eggs, beaten
1/3 cup peanut butter
1/4 cup water
1 1/4 cups roasted peanuts, unsalted

Preheat oven to 350 degrees F.

In a large mixing bowl combine the flour, sugar, baking powder, and salt.

In a separate bowl, lightly beat together the eggs, peanut butter and water. Add to flour mixture and mix just until ingredients are incorporated. A little more water, a teaspoon at a time, can be added if mixture is too dry to make a smooth dough. Stir in peanuts.

Divide the dough into two portions, and form each into a log approximately 3 inches in diameter. Place the logs on the cookie sheet about 3 to 4 inches apart and flatten them slightly with the palm of your hand. Bake in preheated oven until light brown, about 40 minutes. Take out of the oven.

Turn the oven down to 300 degrees F. Let logs cool for 10 minutes, then cut into 3/4-inch thick bars. Place bars, cut side down, back on the cookie sheet and bake until crisp, about 20 minutes.