Beet and Carrot Loaf

1 cup oil
1 1/2 cups sugar
3 egg yolks
1 cup grated carrots
1 cup grated beets
2 tsp baking powder
1/2 tsp salt
2 cups flour
1 tsp cinnamon
1/2 cup chopped nuts
3 stiffly beaten egg whites

Beat together oil, sugar, and egg yolks; add carrots and beets. Mix dry ingredients together with nuts and blend in. Fold in egg whites. Grease and flour loaf pan (1 large or 2 small). Bake at 350F for one hour. Recipe may be doubled. Freezes very well!