Hobbits - Rural English.
Elves - Home Counties English.
Dwarves - Highland Scots.
Rohan - Celts.
Gondor - Northern English.
Mordor - World War I Germans.
Orcs - Foreign Savage Types Of Undetermined Ethnicity Threatening Our Glorious British Empire.
Uruk Hai - Saracens.
Theoden Cured - Anglo-Ireland.
Theoden Cursed - Ireland 1921 Onwards.
Eowyn - Northern Ireland 1921 Onwards.
Wormtongue - Catholicism.
Saruman - The Pope.
Gandalf - Church of England.
Aragorn - Alfred The Great.
Arwen - English Female Purity.
Galadriel - Queen Elizabeth I.
Nazgul - 1930's Nazis.
Nazgul Dragons - Luftwaffe.
Eagles - Americans Arriving Too Late.