Long ago, in the early years of the Second Age, the great Elven-smiths forged rings of power. Nine for mortal men, seven for the Dwarf lords, three for the tall Elf Kings. But then, the dark lord learned the craft of ring making and made the Master Ring, the one ring to rule them all. With the One Ring, Middle-Earth was his, and he could not be overcome. As the last alliance of men and Elves fell beneath his power, he did not notice the heroic shadow who slipped in. It was Prince Isildur, of the mighty Kings from across the sea, who took the ring. But because he did not destroy it, the spirit of the dark lord lived on, and began to take shape and grow again. But the ring had a will of its own, and a way of slipping from one hand to be found by another, so that it might at last get back to its master. And there, the ring lay at the bottom of the great river Anduin for thousands of years. During those years, the dark lord captured the nine rings that were made for men and turned their owners into the Ringwraiths. Terrible shadows, under his great Shadow, who roamed the world...searching for the One Ring. In time, the Ring was found. Two friends were fishing in the great river one day.
He used the Ring for thieving, and to find out secrets. His own people began to despise the wretched creature and to call him Gollum. Tortured and driven by the ring, he hid in dark caves...and a deep mountain. But the ring slipped off Gollum's finger, too. And so it was that Bilbo found it during his travels with the Dwarves.
[last lines] The forces of darkness were driven forever from the face of Middle-Earth by the valiant friends of Frodo. As their gallant battle ended, so, too, ends the first great tale of The Lord of the Rings.
Sméagol: Because it's my birthday, my love. And I wants it!
Déagol: I have already given you more than I could afford. I found this, and I'm going to keep it!
Sméagol: Oh?! Are you, indeed...MY LOVE!!
[Sméagol grabs Déagol by the neck with his bare hands and strangles him to death. He then takes the Ring and keeps it for himself]
Frodo: [wakes up to someone knocking at his door] All right, all right. Just a minute. [answers the door] Gandalf!
Gandalf: [bows] Greetings, Frodo.
Frodo: Gandalf, it's really you! Oh, its been so long.
Gandalf: Seventeen years, since Bilbo left. You look the same as ever, Frodo.
Frodo: You look older, Gandalf.
Gandalf: I've been on a long journey.
Frodo: It's the ring, isn't it? Bilbo's funny magic ring? You always use to look like that when you talked about it.
Gandalf: Bilbo's funny ring? Makes you invisible? Give it to me, Frodo.
Frodo: Give you the ring?
Gandalf: For a moment only. [Frodo hands Gandalf the Ring] Can you see any markings on it?
Frodo: There are none. Its quite a plain ring, really.
Gandalf: Well then, look. [tosses the Ring in the fireplace; Frodo panics] Wait. Do you desire it so much already?
Frodo: No, but...but why ruin it?
Gandalf: Because it is altogether evil. It will corrupt and destroy anyone who wears it until he passes into the world of shadows under the power of Sauron, the Dark Lord of Mordor.
Frodo: Not Bilbo!
Gandalf: [points at Frodo] You are the one who has the Ring now.
[Gandalf hands the Ring back to Frodo]
Frodo: It's... it's not even warm.
Gandalf: No. Not even a dragon's fire can harm that Ring. Ash Nazg Durbatuluk. Ash Nazg Gimbatul. One Ring to rule them all. One Ring to find them. One Ring to bring them all and in the darkness bind them!
Frodo: I wish it need not happen in my time.
Gandalf: So do I. The enemy still lacks one thing to give him strength and knowledge; to break all resistance and cover all the lands in darkness. He lacks the One Ring.
Frodo: But, but maybe he doesn't know that it was found.
Gandalf: He knows, Frodo. Gollum left his cave to follow the Ring himself and the Dark Lord caught him in Mordor. The Dark Lord knows what ring it was that Gollum found and how he lost it again. And he has heard of hobbits at last and of the Shire. And he even has a name to think about. The name of Baggins.
Frodo: Because of Gollum. Oh, Gandalf, what am I to do? What a pity that Bilbo didn't kill that vile creature when he had the chance!
Gandalf: Yes, it was pity. Pity and mercy. And now, Frodo, the decision lies with you. What will you do with the One Ring?
Frodo: I'll give it to you, Gandalf! You're wise and powerful. What, will you not...
Gandalf: No! Do not tempt me. I would wish to turn it to good and it cannot be used so. Meaning to be kind, I would become as terrible as the Dark Lord himself; do not tempt me! I shall have such need of strength so soon.
Frodo: Then, I suppose, I must take the Ring and guard it and I hope to go away somewhere alone. They won't...they won't bother the Shire if the Ring isn't here.
Gandalf: My dear Frodo, I'm afraid you are right. You'll have to go and leave the name of Baggins behind you. That name is no longer safe. Your new traveling name shall be... Mr. Underhill.
Galadriel: This is the Mirror of Galadriel. It shows things that were, and things that are, and things that yet may be. Do you wish to look?
Sam: I'd not mind a glimpse of what's going at home. It seems a terrible long time I've been away.
Galadriel: Come then. You shall look and see what you may.
[as soon as Sam looks into the Mirror, he panics]
Sam: I gotta go home! They've dug up that chop row and thrown my poor old gaffer out in the street! I've gotta go home!
Galadriel: The Mirror shows many things, Sam, and not all have yet come to pass. Some never come to be unless those that behold the vision turn aside from their path to prevent them. Do you wish to leave Frodo now and go home?
Frodo: [looks into the Mirror] Gandalf! No... No, it must be Aruman. [reaches his hand onto the Mirror]
Galadriel: Do not touch the water! [Frodo pulls his hand back] He's looking for you. But he cannot find you, not here, not yet. The door is closed. [shows her ring to Frodo, which shimmers a soft light]
Frodo: "Three rings for the Elven kings under the sky."
Galadriel: Yes. We hid those three from him, and he has never touched them. If your quest fails, then nothing can stand against him and we are defenseless. Yet, if you succeed, if the One Ring is destroyed, all we've built with the three will fade. Time will come here, and Lothlórien will fade. You are the footstep of doom to us, Frodo.
Frodo: Lady Galadriel, I will give you the one ring if you ask for it. It's too great a matter for me.
Galadriel: [laughs] And I came to test your heart. You will give me the Great Ring freely, and in place of the Dark Lord, you will set up a queen! And I shall not be evil, but beautiful and terrible as the morning and the night, stronger than the foundations of the Earth! All shall love me under despair! I pass the test. I shall diminish and go into the west and remain Galadriel, and you must depart in the morning.
Gandalf: I have come for your aid, Saruman the White, in troubled times. The Nine are abroad, darkness approaches; the Black Riders!
Saruman: [walks away] Is that all the news you have for me, then?
Gandalf: Is that not enough? Sauron is moving at last!
Saruman: We can deal with Sauron ourselves, Gandalf. You and I, one way or another.
Gandalf: What talk is this? What are you saying, Saruman?
Saruman: It is time for us to choose. A new age is upon us; a new power is rising. Nothing that men, or elves, or wizards can do will avail against it. Its enemies are utterly doomed. But its friends aren't.
Gandalf: You are saying that we should join with Mordor? With him?
Saruman: Does that displease you? Where is the Ring, Gandalf!? Why do the Black Riders search for it in the Shire? Have you hidden it there? Would you rather see the Dark Lord have it... or Saruman of Many Colors! [locks Gandalf in a magic force field]
Gandalf: Neither of you will have it.
Saruman: There is a third choice. [Wormtongue appears and hands Saruman his staff] It is to remain here until you tell me where the Ring may be found.
Gandalf: Saurman, if you do this, if you delay me here, Sauron will surely get it then.
Saruman: And he will know his good servents... and his enemies. [laughs]
Frodo: With me?! But how do you...? [looks at Sam] Sam?! But you gave your word!
Sam: They already knew so much, Mr. Frodo.
Merry: Sam didn't tell us about the ring, Frodo. I saw Bilbo use it once, before he went away...to hide from the Sackville-Bagginses. And after that, Pippin and I kept on the lookout and we followed you, and we asked questions everywhere.
Pippin: And we even wormed a few things out of Gandalf.
Frodo: And you spied on me, and Sam helped you.
Merry: And we spied on you.
Sam: But we meant no wrong to you, Mr. Frodo! Don't you remember what Mr. Gandalf said? Take someone who's you can trust, he said.
Frodo: It doesn't seem that I can trust anyone.
Merry: That all depends on what you want. You can trust us to stick to you through thick and thin to the bitter end. But you cannot trust us to let you face trouble alone, and go off without a word. We're your friends, Frodo.
Frodo: Bless you, you deceitful scoundrels!
Aragorn: [finds Boromir dying] Boromir!
Boromir: I tried to take the Ring from Frodo. I am sorry. I have failed. Aragorn... Aragron. Go to Minas Tirith. Save my people. Aragorn...
Aragorn: I will go. I promise you.
Boromir: The halflings... Orcs took them. I think... they are not dead.
Frodo: We’re there, Sam. Another day, maybe two. When the light comes tomorrow, you’ll see how near the mountains are.
Sam: Well, it’s a good thing, Mr. Frodo, because we’re running awful low on food. I reckon we got enough left to see us to this Mount Doom, after that, I don’t know.
Frodo: Oh, Sam. Samwise Gamgee, my dearest hobbit, friend of friends. After that? If the ring goes into the fire and we’re at hand? After that, dear Sam? I wouldn’t worry. Just to get there. Just to get there. Oh, the ring is so heavy now, Sam.