Preheat oven to 350~. Grease and flour a tube pan. Cream butter until fluffy. Beat in sugar until light. Beat in one egg at a time. Sift dry ingredients together and add to creamed mix alternately with orange juice. Add grated rind. Pour into prepared pan. Bake for 1 hour or until tested done. Remove from oven to rack. Glaze: While cake is baking, make glaze by heating butter and sugar until sugar is dissolved. Add bourbon. Leave cake in pan and pour glaze over hot cake. Leave in pan until thoroughly cooled. Freezes well.