New England Clam Chowder

Name: New England Clam Chowder
Cuisine: United States of America
Ingredients: 5 cups bottled clam juice; 1 cup flour; 1 cup onion, finely diced; 10 slices of cooked bacon, chopped; 2 tablespoons of margarine; 8 ounces cooked clams, chopped; 4 medium potatoes, cooked and cut in bite sized chunks; 1/2 cup milk; 1/2 cup light cream; 1 teaspoon salt; freshly ground black pepper