The simplest way to make natural cough syrup is to boil your herb (or herbs) of choice in water. The resulting liquid is now an herbal tea which can be strained and taken on its own. If you want to make a syrup, however, you'll need to let the strained tea cool just a bit and then add honey to the mixture. The amount of honey you add will vary depending on the amount of tea you have, but the resulting mixture should be thick enough to coat the throat.
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Bee Balm was often used by the Native Americans to treat intestinal problems, colic and flatulence. Tea made from this plant was used to induce sweating and break fevers. Bee balm is often used to treat the common cold and sore throat as well. The leaves of this plant are a good source of essential oil that contains thymol. Thymol is an antibiotic and often used as an ingredient in mouthwash.