The Hobbit

who are the speakers?to whom are they speaking?what to 'theys refer to in the first and second stanza?why do they have a great love for the treasures?

goblets they carved there for themselves

and harps of gold;where no man delves

there they long,and many song

was sung unheard by men or elves

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Last updated by Aslan
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This is a Dwarven song about old wealth. Obviously this is a Dwarf song. Dwarves love treasure for sure. That's just in their Dwarf DNA. Dwarves tend to be on the greedy side. As they approach Smaug's lair they get more and more obsessed with taking all the treasure.I don't see the word "'theys" though.