happy elves

[Legolas]

I know that about Elrond but they should say something about that in the Hobbit.By the way thanks.Even though Ive read lotr several times..sigh.

Another point is that times were different when Bilbo was travelling, pretty much everyone thought that the ring was gone for good.

Tolkien couldn't have said something about it in The Hobbit. He had not yet written Lord of the Rings; subsequently he had no idea of Elrond's participation in the matters, nor did he know the One Ring was powerful at the time. Just a ring that made one invisible. Also, most of the people of Middle-earth had no idea about the One Ring - that it existed, that Sauron forged it, or that it was evil.