The Council of Elrond

Frodo: I will take the ring. 

Elrond: What does everything here think? Should Frodo be the ringbearer?

Gandalf: You know how the whole world is a song?

Elrond: Yeah

Gandalf: Halfling rhymes with ring. 

Elrond: Well that’s good enough for me. Frodo, you’re the ringbearer.