It is dedicated to Humphry Millet Grylls, a businessman who had kept a local tin mine, Wheal Vor, open through a period of recession, safeguarding 1,200 jobs.

On 18th February Grylls and Read relinquished the Gundries' shares in Wheal Vor, without first offering them publicly for sale, and without obtaining the agreement of the creditors or of the shareholders, in itself conduct of doubtful legality.

He ordered them to refund a large sum to the bankrupts' estates for the value of the shares of which they had become possessed, and which, 'by one of those changes which occur in mines', had become a valuable property.

[1] While the public disgrace of Grylls having been discharged from his position of assignee was still fairly fresh in everyone's minds, and with almost indecent haste, a collection was made for him in the summer of 1830.

People in Helston and neighbourhood were invited to subscribe to a fund, with a maximum individual contribution of five shillings, to show their appreciation of his efforts in keeping Wheal Vor at work.

Over two thousand people made donations, and at the end of September a dinner was given in Grylls' honour at the Star Inn, Helston, under the presidency of Charles Newsom Beater, purser and manager of several mines in Gwinear and Breage.