Dr. Strachan estimated the expense of the necessary buildings to be £18,000, "made up of £4,000 for each of the two Grammar Schools including residence for the Head Masters, and £10,000 in addition to James McGill's bequest of £10,000, an excellent site and house extremely commodious for the Principal or one of the Professors." The annual expense of the Grammar Schools was estimated at £2,000, "made up of £300 a year to each of the Head Masters, £200 a year to each of two second Head Masters, £100 a year to each of four Under Masters, and £300 to each school for servants, repairs, library, premiums, etc." It was added that "this will render them desirable, and together with a moderate fee, payable by each scholar to his respective Teacher, will make them an object to men of talent!" The total annual expense of the University was estimated at £4,000, made up as follows: "The Principal to be also a Professor, £750; the Senior Professor, £500; three Professors, £400 each; the Professor of Surgery and Anatomy, and the Professor of Civil and Public Law, £200 each; in addition each Professor is to enjoy a moderate fee from the students attending his lectures; for the purchase of books for the Library, £300; for the purchase of Philosophical and Chemical apparatus, £250; for the purchase of Plants for the Botanic Garden, £100; Librarian's salary, £100; Gardener's salary, £100; Servants and Contingencies, £300." It was explained that smaller salaries were given to the Professors of Surgery and Law because "they will be Professional men not expected to reside in the College or to be exclusively confined to its duties, but attending at the same time to their private practice." Three reasons were given by Dr. Strachan for preferring Montreal to Quebec as the place for the establishment of the University: "its more central position; its greater suitability for a Botanic Garden; and the large sum of money and a most beautiful estate already given for the express purpose." In conclusion, Dr. Strachan wrote: "Thus it appears that for an appropriation of £18,000, and six thousand pounds per annum, an establishment may be formed of incalculable importance to the Province, in a religious, moral and political light. The Legislature might in a few years be relieved from the burden by procuring from the Crown the Jesuits' Estates to be given for the support of the Institution, and by grants of lands capable of becoming productive. The allowance for Philosophical and Chemical apparatus will in a few years become too great; the surplus may then assist the library."