Preheat the oven to 325 degrees F.

In a small bowl, soak the dried cherries in the rum.

In a large bowl, combine the flour, sugar, baking soda, baking powder, salt, cinnamon, nutmeg and cloves.

In another large bowl, lightly beat the two eggs. Add the applesauce, pumpkin, and water and make sure the mixture is fully combined.

Add the dry ingredients slowly to the wet ingredients, making sure everything is thoroughly mixed.

Add the apples, dried cherries (and rum, should you so wish) and fold into the mixture.

Pour the mixture into a greased loaf pan (I was able to get two loaves out of this).

Bake for 1 ½ to 1 ¾ hours, until a toothpick comes out clean.

Cool for about 10-15 minutes in the pan and then remove to a wire rack to cool thoroughly.

Enjoy!