Sift dry ingredients into large mixer bowl. Quickly add remaining liquid ingredients. Mix on medium speed only until dry ingredients are moistened. Bake in two greased 9x5x3 pans in preheated 350 oven for one hour. Let cool 5 minutes. Remove from pans and cool on wire rack. Optional: While warm, brush with butter and sprinkle with cinnamon-sugar mixture. Note: This recipe originally called for 1 cup oil instead of the applesauce. You can make almost any baking recipe lower fat by substituting applesauce for the fat (oil or butter).