Yule-tide was warm and merry there (там /они/ тепло и весело /провели/ святки; Yule-tide — /арх. / Рождество, святки); and men came from far and wide (и люди пришли издалека и отовсюду; far and wide — широко, повсюду) to feast at Beorn’s bidding (чтобы пировать по приглашению Беорна; bidding — приглашение, призыв). The goblins of the Misty Mountains were now few and terrified (гоблинов Мглистых Гор теперь было мало и они были испуганы; to terrify — ужасать, запугивать), and hidden in the deepest holes they could find (и прятались: «и /были/ запрятаны» в самых глубоких норах, которые они только могли найти; to hide (hid, hidden) ); and the Wargs had vanished from the woods (да и Варги исчезли из лесов), so that men went abroad without fear (так что люди стали ездить /за границу/ без страха). Beorn indeed became a great chief afterwards (после этого Беорн действительно стал важным вождем) in those regions (в тех краях) and ruled a wide land (и управлял широкой землей; to rule — управлять, править; господствовать, властвовать) between the mountains and the wood (/что лежала/ между горами и лесом); and it is said that for many generations (и говорят, что многие поколения) the men of his line had the power of taking bear’s shape (мужчины его рода обладали силой принимать обличие медведя; line — линия; зд. происхождение, родословная, генеалогия), and some were grim men and bad (и некоторые были жестокими и плохими людьми), but most were in heart like Beorn (но большинство в сердце походили на Беорна), if less in size and strength (если и были меньше по размерам и слабее по силе). In their day the last goblins were hunted from the Misty Mountains (в их дни последние гоблины были изгнаны из Мглистых Гор) and a new peace came over the edge of the Wild (и новый мир наступил в Диком Краю).
hardship [ˈhɑ: dʃɪp] region [ˈri: dʒ (ǝ) n] generation [ˌdʒenǝˈreɪʃ (ǝ) n]
Then the elves turned towards the Forest, and Bilbo started on his long road home.
He had many hardships and adventures before he got back. The Wild was still the Wild, and there were many other things in it in those days besides goblins; but he was well guided and well guarded — the wizard was with him, and Beorn for much of the way — and he was never in great danger again. Anyway by mid-winter Gandalf and Bilbo had come all the way back, along both edges of the Forest, to the doors of Beorn’s house; and there for a while they both stayed. Yule-tide was warm and merry there; and men came from far and wide to feast at Beorn’s bidding. The goblins of the Misty Mountains were now few and terrified, and hidden in the deepest holes they could find; and the Wargs had vanished from the woods, so that men went abroad without fear. Beorn indeed became a great chief afterwards in those regions and ruled a wide land between the mountains and the wood; and it is said that for many generations the men of his line had the power of taking bear’s shape, and some were grim men and bad, but most were in heart like Beorn, if less in size and strength. In their day the last goblins were hunted from the Misty Mountains and a new peace came over the edge of the Wild.