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In
all
their
talk
they
came
perpetually
back
to
one
thing
:
where
was
Smaug
?
They
looked
West
and
there
was
nothing
,
and
East
there
was
nothing
,
and
in
the
South
there
was
no
sign
of
the
dragon
,
but
there
was
a
gathering
of
very
many
birds
.
At
that
they
gazed
and
wondered
;
but
they
were
no
nearer
understanding
it
,
when
the
first
cold
stars
came
out
.
Now
if
you
wish
,
like
the
dwarves
,
to
hear
news
of
Smaug
,
you
must
go
back
again
to
the
evening
when
he
smashed
the
door
and
flew
off
in
rage
,
two
days
before
.
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The
men
of
the
lake-town
Esgaroth
were
mostly
indoors
,
for
the
breeze
was
from
the
black
East
and
chill
,
but
a
few
were
walking
on
the
quays
,
and
watching
,
as
they
were
fond
of
doing
,
the
stars
shine
out
from
the
smooth
patches
of
the
lake
as
they
opened
in
the
sky
.
From
their
town
the
Lonely
Mountain
was
mostly
screened
by
the
low
hills
at
the
far
end
of
the
lake
,
through
a
gap
in
which
the
Running
River
came
down
from
the
North
.
Only
its
high
peak
could
they
see
in
clear
weather
,
and
they
looked
seldom
at
it
,
for
it
was
ominous
and
dreary
even
in
the
light
of
morning
.
Now
it
was
lost
and
gone
,
blotted
in
the
dark
.
Suddenly
it
flickered
back
to
view
;
a
brief
glow
touched
it
and
faded
.
"
Look
!
"
said
one
.
"
The
lights
again
!
Last
night
the
watchmen
saw
them
start
and
fade
from
midnight
until
dawn
.
Something
is
happening
up
there
.
"
"
Perhaps
the
King
under
the
Mountain
is
forging
gold
,
"
said
another
.
"
It
is
long
since
he
went
north
.
It
is
time
the
songs
began
to
prove
themselves
again
.
"
"
Which
king
?
"
said
another
with
a
grim
voice
.
"
As
like
as
not
it
is
the
marauding
fire
of
the
Dragon
,
the
only
king
under
the
Mountain
we
have
ever
known
.
"
"
You
are
always
foreboding
gloomy
things
!
"
said
the
others
.
"
Anything
from
floods
to
poisoned
fish
.
Think
of
something
cheerful
!
"
Then
suddenly
a
great
light
appeared
in
the
low
place
in
the
hills
and
the
northern
end
of
the
lake
turned
golden
.
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"
The
King
beneath
the
Mountain
!
"
they
shouted
.
"
His
wealth
is
like
the
Sun
,
his
silver
like
a
fountain
,
his
rivers
golden
run
!
The
river
is
running
gold
from
the
Mountain
!
"
they
cried
,
and
everywhere
windows
were
opening
and
feet
were
hurrying
.
There
was
once
more
a
tremendous
excitement
and
enthusiasm
.
But
the
grim-voiced
fellow
ran
hotfoot
to
the
Master
.
"
The
dragon
is
coming
or
I
am
a
fool
!
"
he
cried
.
"
Cut
the
bridges
!
To
arms
!
To
arms
!
"
Then
warning
trumpets
were
suddenly
sounded
,
and
echoed
along
the
rocky
shores
.
The
cheering
stopped
and
the
joy
was
turned
to
dread
.
So
it
was
that
the
dragon
did
not
find
them
quite
unprepared
.
Before
long
,
so
great
was
his
speed
,
they
could
see
him
as
a
spark
of
fire
rushing
towards
them
and
growing
ever
huger
and
more
bright
,
and
not
the
most
foolish
doubted
that
the
prophecies
had
gone
rather
wrong
.
Still
they
had
a
little
time
.
Every
vessel
in
the
town
was
filled
with
water
,
every
warrior
was
armed
,
every
arrow
and
dart
was
ready
,
and
the
bridge
to
the
land
was
thrown
down
and
destroyed
,
before
the
roar
of
Smaug
's
terrible
approach
grew
loud
,
and
the
lake
rippled
red
as
fire
beneath
the
awful
beating
of
his
wings
.