Butter large oblong pan. Trim crusts from 6 slices of bread, then cut into cubes and line bottom of cake pan. Grate 1 pound Velveeta cheese over the bread.
Beat 8 eggs with 2 teaspoons salt, 2 teaspoons dry mustard, and 4 cups of milk. Pour over bread. Sprinkle with paprika and let stand in refrigerator overnight.
Next day, bake covered at 350 degrees for 10 minutes; lower heat to 250 degrees and bake another 20 minutes. Watch closely to make sure it doesn't burn. You can also add sausage, chopped ham or crumbled bacon.