Why one fourteenth of profit was harder to calculate than Thorin’s contract suggests
Bilbo Baggins begins his adventure with something wonderfully ordinary for a story involving trolls, goblins, giant spiders, and a dragon: a business arrangement. The note left for him at Bag End promises payment “up to and not exceeding one fourteenth of total profits (if any),” alongside travelling expenses and, rather ominously, funeral expenses if necessary. … Read more