I can't help but wonder if this is a hoax. Considering the fact that I know someone who once proposed a similar hoax for fun (but didn't do it), it seems to me that, like Underhill says, there's nothing new mentioned. Now, if I were going to initiate a believable hoax, I wouldn't overdo it by using Balrog wing evidence or such for the contents, so it could sound like this summary. As a matter of fact, what with photo manipulation being so easy and looking so professional these days, I wouldn't even believe that this letter actually exists even if a picture was shown.
Mind you, there may be letters out there, waiting to be discovered, but is this actually one of them? We've seen "Hitler's diary" and other documents "discovered", only to be exposed as forgeries. How reliable is this source? And even if it is trustworthy, it can be deceived by a dishonest person...
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'Mercy!' cried Gandalf. 'If the giving of information is to be the cure of your inquisitiveness, I shall spend all the rest of my days in answering you. What more do you want to know?' 'The whole history of Middle-earth.. .'
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