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I can't find the quote from one of you, who mentioned Smith's occupation as mere ironmonger. Did Tolkien perhaps choose his occupation because of the possible pun of himself being a 'word-smith?' Reading the descriptions of Smith's faerie-blessed works in that light, it seems that Tolkien may be saying that his own craft of word-smithy was enriched by Faerie. And this could be taken in the sense of his philology as well as being a writer of stories.
To expand upon Guinevere's evidence that the Village Hall and Kitchen and Master Cook are a play on the village church and parson, the reversal of gift draws attention to itself. Gift given without merit, as described in SoWM, is known as grace. It seems to me that Tolkien's description of the King and Queen of Faerie as essentially benevolent cuts across the grain of the tradition of Faerie as well, and in this he seems to follow George MacDonald instead of the larger tradition. Faerie seems to partake of spirituality in some sense. And thus SoWM has in some ways the feel of a parable, not unlike George MacDonald's work.
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