Income from the forest
1: This chapter is more or less about giving context to the characters, Bilbo celebrates his eleventh birthday with a party with all the hobbits of hobbinton. Bilbo was adopted by his cousin Frodo, a very mysterious and very rich person, Frodo decided that Bilbo was the heir to all his things.
2: Gandalf arrives and tells Frodo that they are in danger because of the ring that Frodo gave Bilbo, the ring was made by a person called Sauron, he wants that ring to rule the world and become super powerful. Sauron learns from Gollum that the ring is in the hands of a hobbit, Sauron's henchmen go to the shire to look for it. Gandalf also says that the one who has the ring ages very slowly for that reason Frodo looks very young for his age. For this...