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In 1859 he won his most important competition, that for the Wallace Monument in Stirling, which was completed in 1869. This went Â£5000 over budget which resulted in the bankruptcy of the contractor and Rochead never receiving his fee.
Frenchman Edouard de Laboulaye first proposed the idea of a monument for the United States in 1865. Ten years later sculptor Frederic Auguste Bartholdi was commissioned to design a sculpture with 1876 in mind for completion, to commemorate the centennial of the American Declaration of Independence. The Statue was named âLiberty Enlightening the Worldâ and was a joint effort between America and France.