Mix powdered sugar, margarine, vanilla, almond extract and egg. 
Stir in remaining ingredients except granulated sugar.  Cover and
refrigerate at least 2 hours.

Heat oven to 375  Grease cookie sheet lightly.  Divide dough in
half.  Roll each half ¬ inch thick on lightly floured surface.  Cut
into desired shapes with 2- to 2«-inch cookie cutter.  Bake 7 to 8
minutes or until edges are light brown; cool.

*If using self-rising flour, omit baking soda and cream of tartar.