Combine remaining ingredients, blending well. Pour batter over nuts.
Bake at 325 degrees for 1 hr. or until done. Cool.
Invert onto cake plate. Poke holes in cake with a toothpick.(I use a wooden skewer).
In saucepan combine glaze ingredients except for rum. Boil 5 minutes stirring frequently. Add rum to glaze last and pour over cooled cake.
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