1Peel potatoes and cut into small chunks. Place potatoes in a medium size pot full of water, boil until tender, about 15 min. Drain. In lg skillet, melt butter. Add onion, saute for 5 min, or until softened. Add milk, ham, cream of mushroom soup and potatoes. Cook over medium-low heat for 20 mins, stirring occasionally. Add corn, salt and both peppers. Bring to a boil. Reduce heat and simmer for 20 mins.