This recipe is actually from the cookbook "Vegetarian Planet" by Didi Emmons. I know because I gave the recipe to Didi. It's my grandmother's recipe. As many other commenters note, this is a molasses-rich, sweet bread. It is wonderful toasted with butter or jam. If you don't like molasses, don't make this recipe.
The original recipe from my grandmother was slightly different from the recipe above. It used 3/4 cup molasses, 1/2 cup sugar, and shortening rather than oil. It makes a sweeter and richer bread.
This is my absolute favorite bread to bake. When I make it these days I use the original amount of molasses and shortening instead of oil. Use a light molasses (like Grandmas) for a lighter bread. A medium molasses (e.g. Br'er Rabbit) makes a mellow, rich bread. A dark molasses (e.g. - organic blackstrap) makes a dark dangerous and yummy bread with a delicious tang. This is a very forgiving recipe - try adding a cup of cornmeal with the oatmeal and reducing the flour a bit, or making it with two cups of whole wheat instead of white flour. I think you'll love it no matter what you do!
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This recipe is actually from the cookbook "Vegetarian Planet" by Didi Emmons. I know because I...