Chop pecans into small pieces. Pour into a bowl. Add the coconut. Crush the vanilla
wafers in a blender and add them to the above and mix well.
Cream the softened margarine
and sugar. Add eggs, one at a time, to the margarine and sugar, beating well. Fold
the dry ingredients into the egg mixture and add the milk. Pour the cake batter
into a well-greased tube pan.
Bake for one hour.
Remove from tube pan when cool.
Slice and serve topped with whipped cream or vanilla ice cream.