Why are the dwarves happy?
Answers 1Add Yours
When they get to laketown, they find that the Master of this region is familiar with the prophecy that foretells the reclamation of Smaug's horde of stolen treasure. Accordingly, Thorin is heralded and celebrated as a hero, for he is the descendant of Thror, King under the Mountain. The dwarves celebrate with the townspeople for several days.