Bilbo´s treachery

[Ivriniel]

Originally Posted by Zigûr

I think the situation is a good example of how in The Hobbit Professor Tolkien juxtaposes the "modern" and "heroic" modes, with Bilbo being, or at least trying to present himself as, a businesslike character with an arguably "pragmatic" approach while the Dwarves exist in a heroic/romantic framework, caring about their treasure and driven by fairly unswerving loyalty to their king, even when his decisions seem irrational or potentially dishonorable.

We never find out what measure of Bilbo's treachery was motivated by the then hold the ring exerted over Bilbo

We don't know whether or not he would have conceived the plot to place the dwarves on the back foot had there been no ring