"It is true too say the Basset's were not liked at this time"
This is as I suspected. In John Bohstedt book: 'Politics of Provision' he maintains that Francis Basset boasted that he had put a stop to the Redruth Food Riots by hanging the leader.
Not the sort of man I would want to shell out my hard-earned cash to commemorate. However this is what one author said of him:
"His monumental inscription truthfully records that he was an elegant scholar, the patron of merit, and a munificent contributor to charitable institutions throughout the empire, and that he proved himself the friend of his country and of mankind"
(http://www.thepeerage.com/e259.htm)
This seems at variance with your assertion & my hunch. However I feel I might be treading on local sensibilites by asserting that he was less than an angel. Am I?
By the way Bohstedt says the Riots continued....can I ask for your source for the above quote?