Step 1: FOR BISCUITS: sift together flour, salt, and baking powder. Cut in shortening. Stir in milk. Knead together.
Step 2: Roll out, on lightly floured board, into a rectangle about 5x12 inch 1/4 inch high.
Step 3: Cut into six 12 inch strips. Twist to make a figure 8; place on baking sheet.
Step 4: Bake for 10 minutes in a 450 degree Fahrenheit oven.
Step 5: FOR OLIVE SAUCE: mix butter and flour together.
Step 6: Heat milk to scalding. Add butter mixture. Add olives and parsley, stirring constantly (you can add chipped beef now or not). Stir until thick; you may need more milk if too thick.
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