GANDALF:So you mean to go through with your plan, then?
BILBO:Yes, yes, it's all in hand. All the arrangements are made.
GANDALF:Frodo suspects something.
BILBO:'Course he does. He's a Baggins! Not some blockheaded Bracegirdle from Hardbottle.
GANDALF:You will tell him, won't you.
GANDALF:He's very fond of you.
BILBO:I know. He'd probably come with me if I asked him. I think in his heart, Frodo's still in love with the Shire. The woods, the fields. Little rivers. I'm old, Gandalf. I know I don't look it, but I'm beginning to feel it in my heart. I feel thin. Sort of stretched, like butter, scraped over too much bread. I need a holiday. A very long holiday. And I don't expect I shall return. In fact, I mean not to.
THE HOBBIT CROWD: Speech, Bilbo! Speech!
BILBO:My dear Bagginses and Boffins! Tooks and Brandybucks! Grubbs! Chubbs! Hornblowers! Bolgers! Bracegirdles! And Proudfoots!
BILBO:Today is my one hundred and eleventh birthday! Alas. Eleventy one years is far too short a time to live amongst such excellent, and admirable Hobbits. I don't know half of you half as well as I should like, and I like less than half of you half as well as you deserve. I er ... I have things to do. I've put this off for far too long. regret to announce this is the end. I'm going now. I bid you all a very fond farewell. Goodbye.
GANDALF:I suppose you think that was terribly clever.
BILBO:Come on Gandalf. Did you see their faces?
GANDALF:There are many magic rings in this world, Bilbo Baggins, and none of them should be used lightly!
BILBO:It was just a bit of fun... Oh, you're probably right, as usual... You will keep an eye on Frodo, won't you?
GANDALF:Two eyes, as often as I can spare them.