Holiday Fruitcake

1 (9 oz.) pkg. mince meat
2 1/2 c. sifted flour
2 eggs, beaten lightly
2 c. candied fruit
1 1/2 c. water
1 tsp. baking soda
1 can sweetened condensed milk
2 c. chopped walnuts
Break mince meat in pieces; put in pan. Add water, stir over medium heat until lumps are broken. Boil 1 minutes, stir once; cool.
Butter a 9-inch tube pan. Line with waxed paper, butter again.
Sift flour and soda; combine fruit, eggs, mincemeat, milk, and nuts. Fold in dry ingredients; pour in pan. Bake slow (300 degrees) for 2 hours or until center springs back and top is golden. Cool, turn out, and remove waxed paper.