native of Stornoway, Hebrides. Alonzo
Barton Hepburn (b. 1847), descendant of Patrick Hepburn who came from
Scotland in 1736, President of the Chase National Bank, a
distinguished New York banker, has written much on financial subjects.
Thomas William Lamont (b. 1870), whose forefather came from
Argyllshire, is a member of the firm of J.P. Morgan & Co., and
prominent in international finance. Walter Edwin Frew, President of
the Corn Exchange Bank, New York, and President of the New York
Clearing House is of Scottish parentage. He was a pioneer of the
branch banking system in New York. James Berwick Forgan, born in St.
Andrews, in 1852, President of the First National Bank of Chicago, is
a pillar of finance. Andrew Glassell (1827-1901), descendant of a
Dumfriesshire emigrant of 1756, was a prominent lawyer and banker in
Los Angeles. James Alexander Linen (b. 1840), President of the First
National Bank of Scranton, was of Scottish parentage. George Rutledge
Gibson (b. 1853), of Scottish descent, has written largely on
questions of foreign finance. John Hall McClement (b. 1862), railroad
and financial expert, is of Scottish parentage. Duncan MacInnes, born
at Inveresk, near Edinburgh, has been Chief Accountant of the City of
New York for many years, and is one of the best equipped men in
municipal finance in America. Robert Graham Dun (1826-1900),
mercantile credit expert, was grandson of Rev. James Dun, minister in
Glasgow, who emigrated to Virginia, c. 1815.

Robert Burns Beath (1839-1914), President of the United Firemens'
Insurance Company of Philadelphia, and author of the "History of the
Grand Army of the Republic" (1888), was of Scots parentage. William C.
Alexander (1806-74), President of the Equitable Life Insurance
Company, was second son of Dr. Archibald Alexander of Princeton. His
son James Waddell Alexander (1839-1915), was also President of the
same Company. John Augustine McCall (1849-1906), President of the New
York Life Insurance Company, was of Ulster Scot descent.

Men of Scottish birth or Scottish descent have had a prominent place
in the development of the railroads of the United States from their
inception to the present day. It was a Scot, Peter Fleming, Surveyor
of the upper part of New York city, who laid out the grades for the
first railroad in the state. John Inslee (or Insley) Blair (1802-99),
founder of the Lackawanna Coal and Iron Company (1846), financier and
founder of the Delaware and Lac