“Then what is Durin’s Day?” asked Elrond.

“The first day of the dwarves’ New Year,” said Thorin, “when the last moon of autumn and the sun are in the sky together.”

Then Elrond gave the map back to Thorin; and then they went down to the water to see the elves dance and sing.

The next morning they rode away, with their hearts ready for more adventure. Now they knew the road that they had to follow over the Misty Mountains to the land beyond.

The way was long and dangerous. Once there was a terrible thunderstorm, and the dwarves found a dry cave to spend there some time.

It seemed not too large and mysterious. At one end there was room for the ponies. Oin and Gloin wanted to light a fire at the door to dry their clothes, but Gandalf didn’t let them do it. So they put their wet things on the floor, and took dry ones out of their bags; then they made their blankets comfortable, got out their pipes and blew smoke rings. They talked and talked, and forgot about the storm, and discussed what each would do with his share of the treasure; and so they fell asleep one by one. But Bilbo could not go to sleep for a long while; and when he fell asleep, he had very nasty dreams. Suddenly he woke up and saw that a crack had opened at the back of the cave, and was already a wide passage. He was just in time to see the ponies’ tails disappearing into it. Of course he gave a very loud scream.

Out jumped the goblins, great ugly-looking goblins, lots of goblins. There were six to each dwarf, at least, and two even for Bilbo; and they were all grabbed and carried through the crack. But not Gandalf. Bilbo’s scream had wakened him up at once, and when goblins came to grab him, there was a terrible flash like lightning in the cave, and several of them fell dead.

The crack closed, and Bilbo and the dwarves were on the wrong side of it! Where was Gandalf? It was very dark. The passages there were crossed in all directions, but the goblins knew their way. The goblins were very rude, and laughed in their horrible voices.

Now there came a red light before them. The goblins took out whips and whipped the dwarves and Bilbo and forced them to run. Soon they came into a big cavern. There was a great red fire in the middle, and there were torches along the walls, and it was full of goblins. They all laughed and clapped their hands, when they saw the dwarves and little Bilbo. The ponies were already there; and all the packages were broken open.

That was the last time they saw their little ponies, because goblins eat horses and ponies and donkeys, and they are always hungry. Now the goblins chained the prisoners’ hands and linked them all together in a line and dragged them to the far end of the cavern.

There in the shadows on a large flat stone sat a tremendous goblin with a huge head, and armed goblins were standing round him.

“Who are these miserable persons?” said the Great Goblin.

“Dwarves and this!” said one of the drivers, pulling at Bilbo’s chain so that he fell forward onto his knees.

“We found them in our Front Porch.”

“What did you do there?!” said the Great Goblin turning to Thorin. “What can you say?”

“Thorin the dwarf at your service!” he replied – it was just a polite nothing.[27] “We sheltered from a storm in a cave that seemed unused.”

“But what were you doing up in the mountains at all, and where were you coming from, and where were you going to? Tell me the truth, or I will prepare something really uncomfortable for you!”

“We are on a journey to visit our distant relatives who live on the East side of these mountains,” said Thorin.