In her book on The Meaning of Coventry Street Names Margaret Smedley states that the name relates to Sir William Wallace, a Scottish knight and one of Scotland's national heroes, and also quotes related Council Minutes of 24/3/1936 and 4/2/1947.
There is also a claim that the pub was named after the author Edgar Wallace, in line with other local streets such as Dickens, Kipling, Addison, Chesterton, Conrad, Hardy, etc. However, the latter writers are far more 'classical' than Edgar Wallace. So, take your choice!
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