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THE General Manager of the
In 1891 he was appointed Manager of the Scottish Amicable Life Assurance Society. Under his charge, in the first year, the new business exceeded £400,000, and in the third year £500,000 sterling. In the latter year, 1894, Dr. Charles Gairdner retired from the general management of the Union Bank, and Mr. Blyth was invited to become his successor. He entered upon his new duties on 1st January following. The bank, founded in 1830, has a paid-up capital of £1,000,000, a reserve fund of £876,000, and deposits exceeding £12,000,000.
In 1893 Mr. Blyth was elected a Fellow of the Faculty of Actuaries in Scotland, and President of the Insurance and Actuarial Society of Glasgow. During the first year of his presidentship he lectured on "The Tendency towards Equalization in the Rate of Interest," and during the second year on "The Distribution of Risk." Both papers were afterwards printed. He also published a pamphlet on "War Scares and Commerce." In 1905 Mr. Blyth attended the American Bankers' Association in Washington, D.C., and read a paper on the "Scottish System of Banking."
Apart from professional matters he takes much interest in the promotion of thrift among the
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