1 1/2 c. brown sugar, packed
1 tsp. cinnamon
1 1/2 c. water
5 c. French bread cubes
1 1/2 c. raisins
1 1/2 c. peanuts
1 c. diced sharp cheddar cheese

Combine sugar, cinnamon and water. Boil gently until sugars dissolved. Pour hot syrup over bread cubes and toss lightly. Add raisins, peanuts and cheese. Toss until blended. Spoon into 2 1/2 quart greased casserole. Bake at 375 degrees for 15 minutes. Serve warm with whipped cream, if desired.