Preheat oven to 300, lightly grease two 9x5 inch loaf pans. In a large bowl stir together oil, applesauce, eggs, sugar and vanilla. In a separate bowl, sift together flour, cinnamon, baking soda and salt. Gradually, stir flour mixture into wet ingredients, mixing until just combined. Fold in apples and walnuts. Pour batter into prepared pans. Bake in preheated oven for 70 minutes.
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