Be LotR be an allegory fer fightin' Communism?

[Lindolirian]

Welcome to the Downs, our most swashbuckling specter! In reply to your original question, I think Tolkien can answer it for himself:

I cordially dislike allegory in all its manifestations, and always have done since I grew old and wary enough to detect its presence.

So the Prof didn't write LotR to symbolize or be and allegory for anything, but you still have the freedom to see it how you like. Many others seem to have had close to the same ideas as you. See here.
I do have to agree with Formendacil on his point: You're writing voice is rather "piratey", and I don't know if that's how you really talk, but I do know that I don't write how I talk. Anyway, I think it'd be tedious to add in all those apostophes everywhere. O well, whatever suits you best!