at he may yield。 Already war is gathering on his eastern borders。 If we make no answer； the Enemy may move Men of his rule to assail King Brand； and Dáin also。'
'You have done well to e；' said Elrond。 'You will hear today all that you need in order to understand the purposes of the Enemy。 There is naught that you can do； other than to resist； with hope or without it。 But you do not stand alone。 You will learn that your trouble is but part of the trouble of all the western world。 The Ring！ What shall we do with the Ring； the least of rings； the trifle that Sauron fancies？ That is the doom that we must deem。
'That is the purpose for which you are called hither。 Called； I say。 though I have not called you to me； strangers from distant lands。 You have e and are here met； in this very nick of time； by chance as it may seem。 Yet it is not so。 Believe rather that it is so ordered that we； who sit here； and none others； must now find counsel for the peril of the world。
'Now； therefore； things shall be openly spoken that have been hidden from all but a few until this day。 And first； so that all may understand what is the peril； the Tale of the Ring shall be told from the beginning even to this present。 And I will begin that tale； though others shall end it。'
Then all listened while Elrond in his clear voice spoke of Sauron and the Rings of Power； and their fing in the Second Age of the world long ago。 A part of his tale was known to some there； but the full tale to none； and many eyes were turned t Elrond in fear and wonder as he told of the Elvensmiths of Eregion and their friendship with Moria； and their eagerness for knowledge； by which Sauron ensnared them。 For in that time he was not yet evil to behold； and they received his aid and grew mighty in craft； whereas he learned all their secrets； and betrayed them； and fed secretly in the Mountain of Fire the One Ring to be their master。 But Celebrimbor was aware of him； and hid the Three which he had made； and there was war； and the land was laid waste； and the gate of Moria was shut。
Then through all the years that followed he traced the Ring； but since that history is elsewhere recounted； even as Elrond himself set it down in his books of lore； it is not here recalled。 For it is a long tale； full of deeds great and terrible； and briefly though Elrond spoke； the sun rode up the sky； and the morning was passing ere he ceased。
Of Númenor he spoke； its glory and its fall； and the return of the Kings of Men to Middleearth out of the deeps of the Sea； borne upon the wings of storm。 Then Elendil the Tall and his mighty sons； Isildur and Anárion； became great lords； and the Northrealm they made in Arnor； and the Southrealm in Gondor above the mouths of Anduin。 But Sauron of Mordor assailed them； and they made the Last Alliance of Elves and Men； and the hosts of Gilgalad and Elendil were mustered in Arnor。
Thereupon Elrond paused a while and sighed。 'I remember well the splendour of their banners；' he said。 'It recalled to me the glory of the Elder Days and the hosts of Beleriand； so many great princes and captains were assembled。 And yet not so many； nor so fair； as when Thangorodrim was broken； and the Elves deemed that evil was ended for ever； and it was not so。'
'You remember？' said Frodo； speaking his thought aloud in his astonishment。 'But I thought；' he stammered as Elrond turned towards him； 'I thought that the fall of Gilgalad was a long age ago。'
'So it was indeed；' answered Elrond gravely。 'But my memory reaches back even to the Elder Days。 E。rendil was my sire； who was born in Gondolin before its fall； and my mother was Elwing； daughter of Dior； son of Lúthien of Doriath。 I have seen three ages in the West of the world； and many defeats； and many fruitless victories。
'I was the herald of Gilgalad and marched with his host。 I was at the Battle of Dagorlad before the Black Gate of Mordor； where we had the mastery： for the Spear of Gilgalad and the Sword of Elendil； Aiglos and Narsil； none could withstand。 I beheld the last bat on the slopes of Orodruin； where Gilgalad died； and Elendil fell； and Narsil broke beneath him； but Sauron himself was overthrown； and Isildur cut the Ring from his hand with the hilt shard of his father's sword； and took it for his own。'
At this the stranger； Boromir； broke in。 'So that is what became of the Ring！' he cried。 'If ever such a tale was told in the South； it has long been fotten。 I have heard of the Great Ring of him that we do not name； but we believed that it perished from the world in the ruin of his first realm。 Isildur took it！ That is tidings indeed。'
'Alas！ yes；' said Elrond。 'Isildur took it； as should not have been。 It should have been cast then into Orodruin's fire nigh at hand where it was made。 But few marked what Isildur did。 He alone stood by his father in that last mortal contest； and by Gilgalad only Círdan stood； and I。 But Isildur would not listen to our counsel。
' 〃This I will have as were gild for my father； and my brother；〃 he said； and therefore whether we would or no； he took it to treasure it。 But soon he was betrayed by it to his death； and so it is named in the North Isildur's Bane。 Yet death maybe was better than what else might have befallen him。
'Only to the North did these tidings e； and only to a few。 Small wonder it is that you have not heard them； Boromir。 From the ruin of the Gladden Fields； where Isildur perished； three men only came ever back over the mountains after long wandering。 One of these was Ohtar； the esquire of Isildur； who bore the shards of the sword of Elendil； and he brought them to Valandil； the heir of Isildur； who being but a child had remained here in Rivendell。 But Narsil was broken and its light extinguished； and it has not yet been fed again。
'Fruitless did I call the victory of the Last Alliance？ Not wholly so； yet it did not achieve its end。 Sauron was diminished； but not destroyed。 His Ring was lost but not unmade。 The Dark Tower was broken； but its foundations were not removed； for they were made with the power of the Ring； and while it remains they will endure。 Many Elves and many mighty Men； and many of their friends。 had perished in the war。 Anárion was slain； and Isildur was slain； and Gilgalad and Elendil were no more。 Never again shall there be any such league of Elves and Men； for Men multiply and the Firstborn decrease； and the two kindreds are estranged。 And ever since that day the race of Númenor has decayed； and the span of their years has lessened。
'In the North after the war and the slaughter of the Gladden Fields the Men of Westernesse were diminished； and their city of Annúminas beside Lake Evendim fell into ruin； and the heirs of Valandil removed and dwelt at Fornost on the high North Downs； and that now too is desolate。 Men call it Deadmen's Dike； and they fear to tread there。 For the folk of Arnor dwindled； and their foes devoured them； and their lordship passed； leaving only green mounds in the grassy hills。
'In the South the realm of Gondor long endured； and for a while its splendour grew； recalling somewhat of the might of Númenor； ere it fell。 High towers that people built； and strong places。 and havens of ma