We cut away to Lake-town for Chapter 14 of The Hobbit, as the people of Esgaroth slowly realize that the lights coming from the Lonely Mountain are not the triumphant King Thorin flooding the river with gold, but a very angry dragon. The town worrier turns town warrior and leads the people in a valiant defense, but the cost is high… and everyone looks to the Mountain for compensation. We discuss how Bard the Bowman narrowly escaped death by a stroke of Tolkien’s pen, and try one last time to resolve the question of thrush-language.