He [Bilbo] fought the real battle in the tunnel alone, before he ever saw the vast danger that lay in wait.

Not all that have fallen are vanquished.

he was for long my only audience... Only from him did I ever get the idea that my ‘stuff’ could be more than a private hobby. But for his interest and unceasing eagerness for more I should never have brought The L. of the R. to a conclusion.

So, though there was still some store of weapons in the Shire, these were used mostly as trophies, hanging above hearths or on walls, or gathered into the museum at Michel Delving. The Mathom-house it was called; for anything that Hobbits had no immediate use for, but were unwilling to throw away, they called a mathom. Their dwellings were apt to become rather crowded with mathoms, and many of the presents that passed from hand to hand were of that sort.

The dwarves of course are quite obviously, couldn't you say that in many ways they remind you of the Jews? Their words are Semitic obviously, constructed to be Semitic. Hobbits are just rustic English people, made small in size because it reflects (in general) the small reach of their imagination - not the small reach of their courage or latent power.

Then Morgoth stretching out his long arm towards Dor-lomin cursed Hurin and Morwen and their offspring, saying: 'Behold! The shadow of my thought shall lie upon them wherever they go, and my hate shall pursue them to the ends of the world.

Elrond raised his eyes and looked at him, and Frodo felt his heart pierced by the sudden keenness of the glance. 'If I understand aright all that I have heard,' he said, 'I think that this task is appointed for you, Frodo; and that if you do not find a way, no one will.