Our President in 1924 was::

The Right Hon. The Earl of Birkenhead

He proposed the Toast to Sir Walter at our 25th Annual Dinner on Friday 5th December 1924 in The North British Station Hotel, Edinburgh. 

Read the text of his address here

Frederick Edwin Smith, 1st Earl of Birkenhead GCSI PC DL (12 July 1872 – 30 September 1930), known as F. E. Smith, was a British Conservative politician and barrister who attained high office in the early 20th century, in particular as Lord High Chancellor of Great Britain. He was a skilled orator, noted for his staunch opposition to Irish nationalism, his wit, pugnacious views, and hard living and drinking. He is perhaps best remembered today as Winston Churchill's greatest personal and political friend until Birkenhead's death aged 58 from pneumonia caused by cirrhosis of the liver.

Text Source: Wikipedia