GANDALF:His treachery runs deeper than you know. By foul craft Saruman has crossed Orcs with goblin-men. He's breeding an army in the caverns of Isengard. An army which can move in sunlight, and cover great distance at speed. Saruman is coming for the Ring.
ELROND: This evil cannot be concealed by the power of the Elves. We do not have the strength to fight both Mordor and Isengard!
GANDALF: The Ring cannot stay here.
ELROND: This peril belongs to all Middle-earth. They must decide now how to end it. The time of the Elves is over. My people are leaving these shores. Who will you look to when we've gone? The Dwarves? They hide in their mountains seeking riches. They care nothing for the troubles of others.
GANDALF:It is in Men that we must place our hope.
ELROND: Men? Men are weak. The race of Men is failing. The blood of Numenor is all but spent. Its pride and dignity forgotten. It is because of Men the Ring survives. I was there, Gandalf. I was there three thousand years ago... And Isildur took the Ring. I was there the day the strength of men failed.
ELROND: It should have ended that day, but evil was allowed to endure. Isildur kept the Ring. The line of kings is broken. There's no strength left in the world of Men. They're scattered, divided, leaderless.
GANDALF: There is one who could unite them. One who could reclaim the throne of Gondor.
ELROND: He turned from that path a long time ago. He has chosen exile.
BOROMIR: The shards of Narsil. The blade that cut the Ring from Sauron's hand. It's still sharp. But no more than a broken heirloom.