I believe Tolkien thought of it more as an allegory of the human race, saying:
Quote:
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.I’ve always been impressed that we’re here surviving because of the indomitable courage of quite small people against impossible odds: jungles, volcanoes, wild beasts... they struggle on, almost blindly in a way" (Interview by Dennis Gerrolt; it was first broadcast in January 1971 on BBC Radio 4 program "Now Read On…").
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But I'm nog sure since you are referring to the letters. Maybe you are looking for another answer...