In heavy saucepan, mix molasses (or honey, if desired), cream, and sugar. Bring to boil. Cook to 260 degrees F. at sea level, or hard-ball stage. Remove from heat and pour onto buttered cookie sheet. Cool till lukewarm and can be handled comfortably. Take a small piece of taffy at a time and stretch and fold, stretch and fold, till taffy turns light and pliable. Form into twisted ropes and cut into pieces with scissors. Wrap each piece of candy in wax paper or plastic wrap. Makes 1 1/2 pounds of candy.