1/2 c. butter, softened
1/2 c. shortening
1/3 c. sugar
2 tsp. vanilla
2 tsp. water
2 1/4 c. all-purpose flour
1/2 c. finely chopped walnuts
Powdered sugar for coating

Mix butter, shortening, sugar, vanilla and water in a large bowl. Stir in flour and nuts. Cover and refrigerate 1 hour.

Heat oven to 325 degrees. Shape dough by slightly rounded teaspoonfuls into crescent shapes. Place about 1 inch apart on ungreased cookie sheet. Bake 13-15 minutes or until set but not brown. Cool 1 minute; remove from cookie sheet. Cool completely. Roll in powdered sugar. Makes 4 dozen cookies.