2 cups white sugar
1/2 cup vinegar
1 tablespoon Worcestershire sauce
1/3 cup distilled white vinegar
1 (3.5 ounce) can sweetened pineapple juice
1/4 teaspoon ground nutmeg
2 teaspoons dried basil
1 (2.25 ounce) can sliced black olives
In a medium saucepan, mix sugar, vinegar, Worcestershire sauce, distilled white vinegar, and pineapple juice. Bring to a slow boil. Remove from heat. Set aside to cool.
In a small saucepan, mix sweetened pineapple juice, nutmeg, basil, black olives and salt. Bring to a slow boil. Remove from heat. Stir in pineapple preserves and pineapple slices. Serve hot or cold.