During the whole trilogy of LotR, the dread surrounding The Ring is unbearable, and Frodo's mind is heavily trouble only by having it on a chain around his neck. In The Hobbit, Bilbo puts on The Ring numerous times and carries it a long way, but feels no dread at all. I know that when Tolkien wrote The Hobbit, he meant it as a simple child story, and the story became darker and heavier only in LotR, and so the heavy dread wasn't planned when The Hobbit was written, but I was wondering if there was a lore, fictional reason for the contrast between the dread cloud surrounding The Ring in The Hobbit and in LotR...
Anyone knows if a reason was given, or has thoughts about a reason for this?