Apparently this version with 500 letters is the original edition Carpenter and CRT prepared. But Unwins thought it was too long to have a hope of breaking even, so they insisted it be curt down in size. So, in one way, there's nothing "new." Call it the Director's Cut.
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The entire plot of The Lord of the Rings could be said to turn on what Sauron didn’t know, and when he didn’t know it.
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