Offered to Oxford by James Murray and the Philological Society, the "New English Dictionary" was a grand academic and patriotic undertaking. Lengthy negotiations led to a formal contract. Murray was to edit a work estimated to take 10 years and to cost approximately £9,000. Both figures were wildly optimistic. The Dictionary began to appear in print in 1884, but the first edition was not completed until 1928, 13 years after Murray's death, at a cost of around £375,000. This vast financial burden and its implications landed on Price's successors.