Cut corn from cob.
Cut red peppers into strips.
Pack corn loosely into hot jars, leaving 1-inch head space.
Place 3 or 4 strips of red pepper in jars of corn.
Add 1/2 teaspoon basil to each jar.
Cover with boiling water, leaving 1 -inch head space.
Remove air bubbles.
Process 55 minutes at 10 pounds pressure.