1 stick butter
1 cup packed brown sugar
1/3 cup cream
2 cups confectioner's sugar
1 tsp vanilla
1. Using and electric mixer, cream together butter, shortening, sugar until light and fluffy. Add eggs 1 at a time.
2. Sift together dry ingredients, twice. Add dry mixture to creamed mixture, alternating with the milk. Add vanilla. Bake in a greased floured tube pan at 325 for 1 hour and 15 minutes, or until cake tests for doneness. Serve with caramel icing.
3. Make Caramel Icing: in a saucepan, melt 1/2 cup butter; stir in 1 cup packed brown sugar, 1/3 cup cream. Remove from heat and stir until smooth. Return to heat and bring to boil for 1 minute. Let the mixture cool. Beat in 2 cups confectioners sugar, 1 teaspoon vanilla.