The Elvenking Quotes in The Hobbit
From that treasure Bard sent much gold to the Master of Lake-town; and he rewarded his followers and friends freely. To the Elvenking he gave the emeralds of Girion, such jewels as he most loved, which Dain had restored to him. To Bilbo he said:
"This treasure is as much yours as it is mine; though old agreements cannot stand, since so many have a claim in its winning and defense. Yet even though you were willing to lay aside all your claim, I should wish that the words of Thorin, of which he repented, should not prove true: that we should give you little. I would reward you most richly of all."
"Very kind of you," said Bilbo. "But really it is a relief to me. How on earth should I have got all that treasure home without war and murder all along the way, I don't know. And I don't know what I should have done with it when I got home. I am sure it is better in your hands."