Bilbo: �Oh, what business is it of yours what I do with my own things!!�
Gandalf: �I think you've had that ring quite long enough.�
Bilbo: �You want if for yourself!�
(Gandalf rises up, and becomes very angry. He suddenly looks very tall)
Gandalf: �BILBO BAGGINS! DO NOT TAKE ME FOR SOME CONJUROR OF CHEAP TRICKS! I AM NOT TRYING TO ROB YOU!!�
(Becomes normal again. Bilbo starts crying)
Gandalf: �I'm trying to help you.�
(He kneels down, and places his hand on Bilbo�s shoulder)
Gandalf: �All your long years, we've been friends. Trust me, as you once did.�
Bilbo: �You're right. The ring must go to Frodo. It�s late, the road is long. Yes, it is time.�
(Bilbo walks to the door)
Gandalf: �Bilbo. The ring is still in your pocket.�
Bilbo: �Oh, yes.�
(Bilbo drops the Ring on to the floor, steps out and turns around to look at Gandalf)
Bilbo: �I've thought of an ending for my book: -And he lived happily ever after, for the end of his days."
Gandalf: �And I'm sure you will, my dear friend.�
Gandlf: �Goodbye, dear Bilbo.�
Bilbo: �Goodbye Gandalf. (sings) The road goes ever on and on...�
Gandalf: � 'Till our next meeting.�
(Gandalf walks back into the house. He leans over the ring, and reaches out the touch it. The Eye of Sauron flashes.)
Voice of Bilbo: �It's mine. My own. My precious�
Gandalf: �Riddles in the dark...�
(Frodo comes in)
Frodo: �Bilbo! Bilbo?
(picks up the ring).
Gandalf: �A precious...�
Frodo: �He's gone, hasn't he?�
Frodo: �He talked so long about leaving. I didn't think he'd really do it. Gandalf?�
(Frodo shows Gandalf the ring in his palm)
Gandalf: �Bilbo's ring. He's gone to stay with the elves. He's left you Bag End.�
(Gandalf gives an envelope to Frodo to put the ring into it, and seals the envelope with a red stamp.)
Gandalf: �Along with all his possesions. The ring is yours now. Put it somewhere out of sight�
(Gandalf is leaving)
Frodo: �Where are you going?�
Gandalf: �There are some things that I must see to.�
Frodo: �What things?�
Gandalf: �Questions. Questions that need answering.�
Frodo: �You've only just arrived. I don't understand.�
Gandalf: �Neither do I. Keep it secret! Keep it safe!
(He leaves, and shuts the door behind him)
(At the dungeons of Barad-dur)
Gollum: �Shire! Baggins!�
(The Nazgul ride through the gates of Minas Morgul. The scene switches to Gandalf, who rides to Minas Tirith through the outskirts of Mount Doom. )
Gandalf: (reads from an ancient scroll) �The year 3434, of the second age. Here follows the account of Isildur, high king of Gondor, and the finding of the ring of power. It has come to me, the one ring, which shall be an heirloom of my kingdom. All that will follow in my bloodline shall be bound to its fate, for I will risk no hurt to the ring. It is precious to me, though I buy it with a great pain. The markings upon the band begin to fade. The writing that at first was as clear as red flame, has all but disappeared, a secret now that only fire can tell.�
(At the Shire again)
Black Rider: �Shire. Baggins?�
Hobbit: �There�s no Bagginses here. They're up in Hobbiton. That way.�
(The wraith rides to Hobbiton, where Frodo is coming home from a party.)
Frodo: �Good night Sam.�
Sam: �Good night Frodo.�
(Frodo enters and notes that the window is open.)
Gandalf: �Is it secret!? Is it safe!?�
(Frodo searches the envelope with the Ring from a box. Gandalf grabs it from him and throws it into the fireplace.)
Frodo: �What are you doing?!�
(Gandalf takes the Ring out from the fire with tongs.)
Gandalf: �Hold out your hand, Frodo. It's quite cool.�
Gandalf: �What can you see? Can you see anything?�
Frodo: (examines the ring) �Nothing. There's nothing.�
Frodo: �Wait ... there are markings. It's some form of elvish. I can't read it.�
Gandalf: �There are few who can. The language is that of Mordor. Which I will not utter here.�
Frodo: �Mordor?!�
Gandalf: �In the common tongue, it says 'One Ring to Rule them all, One Ring to find them. One Ring to bring them all, and in the darkness bind them.' �
(Gandalf sits at the table, smoking, while Frodo makes tea)
Gandalf: �This is the One Ring, forged by the Dark Lord Sauron, in the fires of Mount Doom, taken by Isildur from the hand of Sauron himself.�
Frodo: �Bilbo found it. In Gollum's cave.�
Gandalf: �Yes. For 60 years the ring lay quiet in Bilbo's keeping, prolonging his life, delaying old age. But no no longer, Frodo. Evil is stirring in Mordor. The ring has awoken. It's heard it's master's call.�
Frodo: �But he was destroyed. Sauron was destroyed.�
The Ring: �Isildur�
Gandalf: �No, Frodo. The spirit of Sauron endured. His life force is bound to the ring, and the ring survived. Sauron has returned. His orcs have multiplied, his fortress of Barad-Dur is rebuilt in the land of Mordor. Sauron needs only this ring to cover all the lands of a second darkness. He is seeking it. Seeking it, all his thought is bent on it. The ring yearns above all else to return to the hand of its master. They are one. The Ring, and the Dark Lord. Frodo. He must never find it.�
Frodo: �Alright. We put it away. We keep it hidden. We never speak of it again. No one knows it's here, do they? Do they, Gandalf?�
Gandalf: �There is one other that knew that Bilbo had the ring. I looked everywhere for the creature Gollum. But the enemy found him first. I don't know how long they tortured him. But amidst the endless screams and the inane babble, they discerned two words.�
Gollum: �Shire!! Baggins!!�
Frodo: �Shire!? Baggins?! But that would lead them here!�
(The Ringwraiths are seen with a hobbit who holds out a lantern.)
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