Creamed Chipped Beef

1/4 cup butter
1/4 cup flour
1 dash pepper
2 cups milk
2 1/2 ounces dried beef, sliced

In medium saucepan, melt butter. Blend in flour and pepper. Stir in milk. Cook over medium heat until mixture boils and thickens, stirring constantly. Reduce heat. Tear beef into shreds; add to cream sauce and heat through. Serve over toast or mashed potatoes. Enjoy!