The one ring to rule them all.Galadriel
Elrond: I led Isildur deep into the fires of Mount Doom, the one place it could be destroyed... Isildur kept the Ring. It should have ended that day, but evil was allowed to endure. 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.
Elrond: Gandalf, the enemy is moving. Sauron's forces are massing in the east, his eye is fixed on Rivendell. And Saruman, you tell me, has betrayed us. Our list of allies grows thin.
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 that can move in sunlight and cover a 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 withstand both Mordor and Isengard. Gandalf, the Ring cannot stay here. This evil belongs to all of 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 toil away in caverns, seeking riches. They care nothing for the troubles of others.
Gandalf: It is in Men that we must place our hope.
Elrond: His strength returns.
Gandalf: That wound will never fully heal. He will carry it the rest of his life.
Elrond: And yet, to have come so far, still bearing the Ring, the hobbit has shown extraordinary resilience to its evil.
Gandalf: It is a burden he should never have had to bear. We can ask no more of Frodo.
Gandalf: They are one; the ring and the Dark Lord. Frodo, he must never find it.
Frodo: [gets up to hide the ring] All right. We'll put it away. We'll keep it hidden, we'll never speak of it again. No one knows it's here, do they?
[Gandalf doesn't answer]
Frodo: Do they, Gandalf?
Elrond: Nine companions. So be it. You shall be the fellowship of the ring.
Pippin: Great! Where are we going?
Aragorn: If by my life or death I can protect you, I will. You have my sword...
Legolas: ...and you have my bow...
Gimli: ...and my axe.
Boromir: You carry the fate of us all, little one. If this is indeed the will of the Council, then Gondor will see it done.
I made a promise, Mr Frodo. A promise. "Don't you leave him Samwise Gamgee." And I don't mean to. I don't mean to.Sam
[holding the ring after Frodo loses it] It is a strange fate that we should suffer so much fear and doubt over so small a thing. Such a little thing.Boromir
Frodo: What do you want?
Aragorn: A little more caution from you, that is no trinket you carry.
Frodo: I carry nothing.
Aragorn: Indeed. I can avoid being seen if I wish, but to disappear entirely, that is a rare gift.
Aragorn: Are you frightened?
Aragorn: Not nearly frightened enough. I know what hunts you.
I shall count the sheep among my favored sheep and shall you the protection of all the angels in heaven.Il Duce