In large bowl, blend oil and sugars on low until well
mixed. Add vanilla.
Beat in eggs, one at a time, blending well after each
addition. Stir
together dry ingredients and add to egg mixture until
well blended. Stir
in walnuts and carrots by hand. Pour batter into well
greased and floured
10" tube pan or fluted pan. Bake at 350F for 50-60
minutes. Cool in pan,
then top with powdered sugar or frosting of your choice.