The Fellowship of the Ring by J.R.R Tolkien (Harper Collins 1991) pp. 243-248
After first Gloín, and then Boromir, have spoken of the reasons why they have come to Rivendell Elrond calls upon first Bilbo and then Frodo to speak of how they came to possess the Ring and of how it was brought to Elrond’s halls. Perhaps it is the childlike stature of the hobbits, halflings as they are named by others, that arouses a certain scepticism in their hearers and so it is Galdor who has come from the Grey Havens to represent Cirdan, his lord, who gives voice to this doubt.
“The Wise may have good reason to believe that the halfling’s trove is indeed the Great Ring of long debate, unlikely though that may seem to those who know less. But may we not hear the proofs?”
And so Elrond calls upon Gandalf, declaring that he will have the place of honour as the last to speak, for “in all this matter he has been the chief”.
We have been in the company, first of Bilbo ever since he first found the Ring deep within the tunnels of the Misty Mountains, and then of Frodo on his journey through the wild pursued by the Nazgûl. At the Fords of Bruinen we heard the cry of the Ringwraiths, “The Ring! The Ring!” as they urged their horses into the foaming waters at the Fords of Bruinen but as Galdor said, the “halfling’s trove” is too big a thing even to accept its identity at the word of Elrond and Gandalf. It is the “peril of the world” whose very existence places all the peoples of the world in the greatest danger whether they know of it or not. This is why Gandalf must offer more than his word and so he begins to tell his part in the story of the Ring.
Gandalf first came to Middle-earth as one of the Istari, seven travellers sent by the Valar “as messengers sent to contest the power of Sauron, and to unite all those who had the will to resist him”. Soon after their arrival a shadow began to fall upon the Greenwood, home to the woodland elves of Thranduil. An evil power had made a stronghold at Dol Guldur in the south of the forest and people began to call the forest, Mirkwood. At first it was thought that the power was one of the Nazgûl but eventually Gandalf went to Dol Guldur and established the truth that the power was Sauron himself who was seeking to gather all the Rings to himself and for news of the One and news of Isildur’s heir. The Istari and the greatest of the Eldar had formed a council in order to resist the Power and on learning that it was Sauron Gandalf urged an assault upon Dol Guldur but Saruman opposed him. Eventually in the year that Bilbo found the One Ring in the Misty Mountains, Smaug the Dragon was slain by Bard of Dale and the Battle of the Five Armies was successfully fought, Saruman finally agreed to an assault upon Sauron. He had learned that Sauron’s servants were searching the Anduin vale near to where Isildur had fallen and he had become alarmed. Sauron retreated from his woodland fortress but only because his work in Mordor was now complete.
At all times Saruman sought to allay the fears of the Council concerning Sauron’s search for the Ring.
“Have I not earnestly studied this matter? Into Anduin the Great [The Ring] fell; and long ago, while Sauron slept, it was rolled down the River to the Sea. There let it lie until the End.”
But Gandalf’s fears were never fully allayed and with the help of Aragorn Gollum was found and at last, in the study at Bag End, Gandalf read the words written upon the Ring.
“One Ring to Rule them all, One Ring to find them, One Ring to bring them all and in the Darkness bind them.”
There is no doubt any longer that Frodo’s ring is indeed the One Ring that Sauron seeks.