Improved cocktail

2 oz spirit
1 tsp maraschino liqueur
1 tsp syrup
1/2 tsp absinthe
2 dashes bitters

Stir; strain; cocktail glass or OF with rocks; orange or lemon twist.

Fancy cocktail

2 oz spirit
1/2 oz curacao
1 tsp syrup
2 dashes bitters

Stir; strain; cocktail glass; orange twist.

Old Fashioned

2 oz spirit
1 oz syrup
1-4 dashes bitters

Stir on ice.  Optionally garnish with a citrus twist & peel and/or a marasca cherry.

For more information, see The Libation Bearers.