also see many rich Americans who don’t donate enough to charity because they want all their money to themselves. Literary elements: (Arkenstone=peace) Bilbo changes from the leader to a unwanted asset because the armies approach. He thinks that this behavior over the treasure is completely foolish and he doesn’t want to put up with it anymore. He is aware of that peace would be the most effective outcome for his friends. Bilbo then takes the Arkenstone to their enemies only to betray the dwarves. He