This is the Wallace Monument which was completed in 1869. It commemorates Sir William Wallace, the 13th century Scottish .
Sir William Wallace was a Scottish knight and landowner who became one of the main leaders during the Wars of Scottish Independence.
Along with Andrew Moray, Wallace defeated an English army at the Battle of Stirling Bridge in 1297, and was Guardian of Scotland, serving until his defeat at the Battle of Falkirk. In 1305, Wallace was captured in Robroyston near Glasgow and handed over to King Edward I of England, who had him hanged, drawn, and quartered for high treason and crimes against English civilians.
Since his death, Wallace has obtained an iconic status far beyond his homeland. He is the protagonist of the 15th century epic poem The Acts and Deeds of Sir William Wallace, Knight of Elderslie, by Blind Harry. Wallace is also the subject of literary works by Sir Walter Scott and Jane Porter and the Academy Award winning epic film, Braveheart.