that this was the very ring that he had found, and as he had won the game, it was already his by right.
But being in a tight place, he said nothing about it, and made Gollum show him the way out, as a reward instead of a present.
This account Bilbo set down in his memoirs, and he seems never to have altered it himself, not even after the Council of Elrond.
Evidently it still appeared in the original Red Book, as it did in several of the copies and abstracts. But many copies contain
the true account (as an alternative), derived no doubt from notes by Frodo or Samwise, both of whom learned the truth, though
they seem to have been unwilling to delete anything actually written by the old hobbit himself.
Gandalf, however, disbelieved Bilbo’s first story, as soon as he heard it, and he continued to be very curious about the ring.
Eventually he got the true tale out of Bilbo after much questioning, which for a while strained their friendship; but the
wizard seemed to think the truth important. Though he did not say so to Bilbo, he also thought it important, and disturbing,
to find that the good hobbit had not told the truth from the first: quite contrary to his habit. The idea of a ‘present’ was
not mere hobbitlike invention, all the same. It was suggested to Bilbo, as he confessed, by Gollum’s talk that he overheard;
for Gollum did, in fact, call the ring his ‘birthday-present’, many times. That also Gandalf thought strange and suspicious;
but he did not discover the truth in this point for many more years, as will be seen in this book.
Of Bilbo’s later adventures little more need be said here. With the help of the ring he escaped from the orc-guards at the
gate and rejoined his companions. He used the ring many times on his quest, chiefly for the help of his friends; but he kept
it secret from them as long as he could. After his return to his home he never spoke of it again to anyone, save Gandalf and
Frodo; and no one else in the Shire knew of its existence, or so he believed. Only to Frodo did he show the account of his
Journey that he was writing.
His sword, Sting, Bilbo hung over his fireplace, and his coat of marvellous mail, the gift of the Dwarves from the Dragon-hoard,
he lent to a museum, to the Michel Delving Mathom-house in fact. But he kept in a drawer at Bag End the old cloak and hood
that he had worn on his travels; and the ring, secured by a fine chain, remained in his pocket.
He returned to his home at Bag End on June the 22nd in his fifty-second year (S.R. 1342), and nothing very notable occurred
in the Shire until Mr. Baggins began the preparations for the celebrationof his hundred-and-eleventh birthday (S.R. 1401). At this point this History begins.
NOTE ON THE SHIRE RECORDS
At the end of the Third Age the part played by the Hobbits in the great events that led to the inclusion of the Shire in the
Reunited Kingdom awakened among them a more widespread interest in their own history; and many of their traditions, up to
that time still mainly oral, were collected and written down. The greater families were also concerned with events in the
Kingdom at large, and many of their members studied its ancient histories and legends. By the end of the first century of
the Fourth Age there were already to be found in the Shire several libraries that contained many historical books and records.
The largest of these collections were probably at Undertowers, at Great Smials, and at Brandy Hall. This account of the end
of the Third Age is drawn mainly from the Red Book of Westmarch. That most important source for the history of the War of
the Ring was so called because it was long preserved at Undertowers, the home of the Fairbairns, Wardens of the Westmarch. * It was in origin Bilbo’s private diary, which he took with him to Rivendell. Frodo brought it back to the Shire, together
with many loose leaves of notes, and during S.R. 1420–1 he nearly filled its