"And so life in the Shire goes on very much as it has this past Age. Full of its own comings and goings, with change coming slowly, if it comes at all. For things are made to endure in the Shire, passing from one generation to the next. There’s always been a Baggins living here, under the hill, in Bag End. And there always will be."
I read somewhere that this character had a really long and hard to pronounce name, but John Cleese couldn’t say it so he just said Tim instead and they ran with it.