Sweet Crescent Rolls (Or Breadsticks)

1. Place water, milk, egg, 1/3 cup butter, sugar, salt, flour and yeast in the pan of the bread machine in the order recommended by the manufacturer. Select Dough/Knead and First Rise Cycle; press Start (mine says Dough Cycle and I take the dough out after 1 hour).
2. When the cycle finishes, turn the dough out onto a lightly floured surface. Divide the dough in half. Roll each half into a 12-inch circle, spread the remaining 1/4 cup softened butter over the entire round. Cut each circle into 8 wedges. Roll wedges starting at wide end; roll gently but tightly. Place point side down on an ungreased cookie sheet. Cover with a clean kitchen towel and put in a warm place; let rise 1 hour. Meanwhile, preheat oven to 400 degrees F (200 degrees C).
3. Bake in the preheated oven for 10 to 15 minutes, until golden (feel free to brush with more butter!).