Instructions: In a mixing bvowl, cream butter, sugar and vanilla. Add egg. Combine flour, baking powder, baking soda and salt; add to creamed mixture and mix well. Fold in chocolate chips and nuts. Drop by teaspoonfuls 2 inches apart onto greased baking sheets. Bake at 350 F. for 10-12 minutes or until golden. Cool on wire rack. For glaze, melt the caramels and cream in a saucepan over Low heat, stirring until smooth. Drizzle over cooled cookies.

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