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Preheat oven to 350°F.
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Beat eggs until very light and fluffy. Add sugar gradually while beating.
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Sift together flour, spices and baking powder. Fold this into the egg mixture gently, so as not to deflate eggs.
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In a small saucepan, heat butter and water over low heat until butter has melted. Once butter melts, bring to a boil and add while still boiling hot to the batter (first mixture). Combine thoroughly.
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Butter a 7 3/4 inch tube pan and sprinkle evenly with the bread crumbs. Pour cake batter into pan.
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Bake in preheated 350°F oven 45-50 minutes or until cake tests done.
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Serve unfrosted or dusted with icing sugar.