Peel pears, saving stalks. Cut peaches into halves and remove cores. Place pear halves on small dessert plates, hollow side down. In a saucepan, mix both sugars and cornstarch, add water. Cook on medium heat 1 ½ minutes, stirring. Add butter and cognac, mix. Pour syrup over pears. Sprinkle with nuts and maraschino cherries. [4 servings]
This dessert is a great alternative to cookies or brownies.