Cream butter in a large mixing bowl; gradually add sugar, beating until light and fluffy. Add eggs, one at a time, beating well after each addition.
Combine flour, soda, and cinnamon. Add to creamed mixture, beating well. Stir in raisins and walnuts.
Drop by teaspoonfuls 2 inches apart onto greased cookie sheets. Bake at 350° for 8 to 10 minutes. Cool slightly on cookie sheets. Remove to wire racks to cool.