In a large bowl beat until light and fluffy:
3/4 cup sugar
1 cup softened butter or margarine
2 tsp vanilla
2 tsp rum extract
In separate bowl mix:
3 cups flour
1 tsp nutmeg
Stir flour mixture into the butter mixture and mix well.
Cover with plastic wrap and refrigerate for 1 hour.
Divide dough into 6 pieces. On lightly floured surface, shape each piece into a long rope 1/2" in diameter. Cut into 3" lengths. Bake on ungreased cookie sheets at 350 for 12-15 minutes or until lightly golden brown. Remove from cookies sheets and cool completely.
In small bowl, combine:
2 cups powdered sugar
3 Tbls softened butter or margarine
3/4 tsp rum extract
1/2 tsp vanilla
2-3 Tbls milk
Blend until smooth. Spread on top of cookies. Sprinkle with nutmeg.
Store in a tightly covered container.
Makes 4 dozen