Through many years of controversy with our late associates, the Northern States, we have vainly endeavored to secure tranquillity, and to obtain respect for the rights to which we were entitled.
I know quite a bit about it. I do suggest trying a no fear Shakespeare b/c it translates all of it to modern english. <u>https://www.sparknotes.com/nofear/shakespeare/romeojuliet/</u>
In Thorin's argument, Thorin promise to give Bard one fourteenth share of the hoard in silver and gold. He was talking about to Smaug's treasure. So the agreement was the Thorin gives Bard 1/4 of the treasure. At the same time, he refused since he thinks that he owes nothing humans only because the gold belonged to the humans first.
I hope I've help!