Our President in 1905 was::

The Right Hon. The Earl of Lytton

He proposed the Toast to Sir Walter at our 12th Annual Dinner on Saturday 16th December 1905 in The Royal Hotel, Edinburgh. 

Read the text of his address here

Victor Alexander George Robert Bulwer-Lytton, 2nd Earl of Lytton, KG, GCSI, GCIE, PC, DL (9 August 1876 – 25 October 1947), styled Viscount Knebworth from 1880 to 1891, was a British politician and colonial administrator. He served as Governor of Bengal between 1922 and 1927 and was briefly Acting Viceroy of India in 1926. He headed the Lytton Commission for the League of Nations, in 1931-32, producing the Lytton Report which condemned Japanese aggression against China in Manchuria.

He was born in Simla in British India on 9 August 1876, during the time when his father was Viceroy of India. Lytton was the fourth, but eldest surviving, son of Robert Bulwer-Lytton, 1st Earl of Lytton and Edith Villiers, daughter of Edward Ernest Villiers and granddaughter of George Villiers. His six siblings were Edward Rowland John Bulwer-Lytton (who died young), Lady Elizabeth Edith "Betty" Bulwer-Lytton (wife of Gerald Balfour, 2nd Earl of Balfour, the brother of the future Prime Minister Arthur Balfour), Lady Constance Bulwer-Lytton (a prominent suffragette), Henry Meredith Edward Bulwer-Lytton (who died young), Lady Emily Bulwer-Lytton (who married architect Edwin Lutyens), and Neville Bulwer-Lytton, 3rd Earl of Lytton.

He was educated at Eton and Trinity College, Cambridge, where he was secretary of the University Pitt Club. In 1905 he was President of the Edinburgh Sir Walter Scott Club and gave the Toast to Sir Walter at the club's annual dinner.

Image and Text Source: Wikipedia