Read the excerpt from The Fellowship of the Ring.Bilbo Baggins called it a party, but it was really a variety of entertainments rolled into one. Practically everybody living near was invited. A very few were overlooked by accident, but as they turned up all the same, that did not matter. Many people from other parts of the Shire were also asked; and there were even a few from outside the borders. Bilbo met the guests (and additions) at the new white gate in person. He gave away presents to all and sundry—the latter were those who went out again by a back way and came in again by the gate.
Bilbo invites nearly everyone nearby, welcomes unexpected guests, and gives presents to all who attend. These details show that the party is generous and hospitable, so Bilbo is portrayed as welcoming. “Frugal” means careful about spending, which does not fit his gift-giving.
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