Crescent Walnut Cookie

1 cup of butter
1/3 cup sugar
2 tsp. water
2 tsp. vanilla
2 cups sifted all purpose flour
1 cup chipped pecans

Cream butter and sugar:  add water and vanilla;  mix well.

Add flour and walnuts or pecans: chill 3 to 4 hours.  Shape in balls or crescents.

Bake on ungreased cooky sheet in slow oven (325) degrees about 20 minutes. 

Cool slightly: roll in confectioners sugar.

Makes 3 dozen