Bilbo Baggins: I have… I have never used a sword in my life. Gandalf: And I hope you never have to. But if you do, remember this: true courage is about knowing not when to take a life, but when to spare one.
“PIPPIN: I didn’t think it would end this way.
GANDALF: End? No, the journey doesn’t end here. Death is just another path, one that we all must take. The grey rain-curtain of this world rolls back, and all turns to silver glass, and then you see it.
PIPPIN: What? Gandalf? See what?
GANDALF: White shores, and beyond, a far green country under a swift sunrise.
PIPPIN: Well, that isn’t so bad.
GANDALF: No. No, it isn’t.”
Bilbo: Well, no. [frowning]
Bilbo: …and yes. Now it comes to it, I don’t feel like parting with it. It’s mine, I found it. It came to me!
Gandalf: There’s no need to get angry.
Bilbo: Well, if I’m angry, it’s your fault.
[to himself] Bilbo: …it’s mine… my own… my precious…
Gandalf: Precious? It’s been called that before, but not by you.
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 it for yourself!
Gandalf: BILBO BAGGINS! Do not take me for some conjuror of cheap tricks! I am not trying to rob you. I’m trying to help you.
Frodo: It’s a pity Bilbo didn’t kill him when he had the chance.
Gandalf: Pity? It was pity that stayed Bilbo’s hand. Many that live deserve death. Some that die deserve life. Can you give it to them, Frodo? Do not be too eager to deal out death in judgment. Even the very wise cannot see all ends. My heart tells me that Gollum has some part to play yet, for good or ill before this is over. The pity of Bilbo may rule the fate of many.