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.
J. R. R. TolkienThe romantic chivalric tradition takes, or at any rate has in the past taken, the young man's eye off women as they are, as companions in shipwreck not guiding stars.
J. R. R. TolkienI wonder if people will ever say, 'Let's hear about Frodo and the Ring.' And they'll say 'Yes, that's one of my favorite stories. Frodo was really courageous, wasn't he, Dad?' 'Yes, my boy, the most famousest of hobbits. And that's saying a lot.'
J. R. R. Tolkien