1 1/2 c Vegetable oil
1 1/2 c Sugar
1/2 c Packed brown sugar
3 Eggs
3 c Flour
2 ts Ground cinnamon
1/2 ts Ground nutmeg
1 ts Baking soda
1/2 ts Salt
3 1/2 c Diced peeled apples
1 c Chopped walnuts
2 ts Vanilla extract
Caramel icing:
1/2 c Packed brown sugar
1/3 c Light cream
1/4 c Butter or margarine
1 ds Salt
1 c Confectioner's sugar
Chopped walnuts; optional

1. In a mixing bowl, combine oil and sugars. Add eggs, one at a time,
   beating well after each addition. Combine dry ingredients; add to batter and stir well.
2. Fold in apples, walnuts and vanilla. Pour into a greased and floured 10″ tube pan. Bake at 325 degrees for 1 1/2 hours or until cake tests done.
3. Cool in pan 10 minutes; remove to a wire rack to cool completely.
4. In the top of a double boiler over simmering water, heat brown sugar, cream, butter and salt until sugar is dissolved.
5. Cool to room temperature. Beat in confectioner's sugar until smooth; drizzle over cake. Sprinkle with nuts if desired.