Ingredients:
           1 1/2 cups butter - softened
           1 (8 oz) Cream Cheese - softened
           3 cups sugar
           6 large eggs
           1 1/2 t vanilla
           3 cups flour
           1/8 t salt

Beat butter and cream cheese at medium speed for 2 minutes or until creamy. Gradually add sugar, beating 5 to 7 minutes.

Add eggs, one at a time, beating just till yellow disappears. Add vanilla, mixing well.

Combine flour and salt; gradually add to butter mixture, beating at low speed just till blended after each addition.
Pour batter into a greased & floured 10" tube pan. 

Fill a 2 cup oven-proof measureing cup with water; place in oven with tube pan.

Bake at 300 for 1 hour & 30 minutes or till toothpick comes out clean. Cool in pany on wire rack 10 to 15 minutes;
remove for pan and cool completely on wire rack.