Texas Peach Cobbler

1/2 cup margarine
3/4 cups all purpose flour
pinch of salt
2 cups sliced peaches
2 cups sugar ( divided )
2 tsp. baking powder
3/4 cup milk

Melt butter in a 2 quart baking dish. Combine 1 cup  sugar, flour, 
baking powder, and salt. Add milk, and stir until mixed. Pour batter
over butter in baking dish, but do not stir. Combine peaches, and 
remaining sugar, and spoon over batter, but do not stir. 
Bake at 350 degrees for 1 hour.