This font looks familiar. It's obviously modified and (unfortunately) cut off at the bottom. Any takers?

If there is such a font as Delphian Solid, this is it. The letterforms match Delphian Open, as far as I can tell.
OK. Here is Grace replicated in Delphian Open, which I converted to outlines and either removed the white parts or moved the black parts together. I also manipulated the outline of the R to pull the tail down and outward a bit. I used a white square to block out the left leg of the A and it even created the same gap between the R and A. If "Squooshing" includes stretching, that's what was needed here (maybe you could do that as vertical "squooshing", but I actually widened the characters). If exactness was needed I would have played much longer, but I think I showed how this was probably done. 
Captured from web.archive.org on 1 Dec 2007. view this capture