Today, we've received some info on how the Racial Skills work.
Elf
Agility of the Woods
Improved Agility.
Adds 15 to Agility
Fading of the Firstborn
Reduced Fate.
Subtracts 8 from Fate.
Sorrow of the Firstborn - Reduced Morale and Out of Combat Morale Regeneration - Elves feel things more deeply than the other races, and are more subject to sorrow.
Subtracts 20.0 from Max Morale
Subtracts 1.0 from Morale Regeneration in non-Combat.
Suffer No Illness - Improved resistance to Disease and Poison - Elves do not suffer illness.
Adds 1.0% to Disease Resistance
Adds 1.0% to Poison Resistance
Man
Diminishing of Mankind - Decreased Will - Men have weaker wills than the other races.
Subtracts 8 from Will.
Easily Inspired - Increased Morale Restoration - Men can be roused to action faster than the other races (heals heal for more on Men).
The Race of Man, when pressed, respond well to impassioned speeches that raise morale.
Gift of Men - Improved Fate - Men have the greatest destiny of all the Free Peoples.
Adds 15 to Fate
Strong Men - Improved Strength.
Adds 15 to Might.
Dwarf
Lost Dwarf-Kingdoms - Reduced Fate - The Dwarves' time in Middle-earth is fading.
Subtracts 8 from Fate
Stocky - Reduced Agility - Dwarves are naturally less agile than the other races.
Subtracts 8 from Agility
Sturdiness - Increased Might and Vitality, improved Common damage mitigation - Dwarves are a sturdy race.
Adds 15 to Might
Adds 10 to Vitality
Adds 1.0% to Common Mitigation
Unwearying in Battle - Bonus to In-Combat morale and power regeneration, penalty to out-of-combat morale and power regen.
Adds 0.5 to Morale Regeneration in Combat
Adds 0.5 to Power Regeneration in Combat
Hobbit
Four Square Meals - Improved Eating - Hobbits get a bonus to food usage.
Adds 1.0 to Morale Regeneration in non-Combat
Hobbit Courage - Improved Fear Resistance - The slow-kindled courage of the Hobbit race.
dds 1.0% to Fear Resistance
Hobbit Toughness - Improved Vitality - Hobbits are remarkably tough.
Adds 15 to Vitality
Rapid Recovery - Improved out-of-combat Morale Regeneration - Hobbits recover from trying times faster than other races.
Adds 1.0 to Morale Regeneration in non-Combat
Resist Corruption - Improved Shadow Mitigation - Hobbits have a great resistance to temptation.
Adds 1.0% to Shadow Mitigation
Small Size - Reduced Might - Hobbits lack the physical strength of other races.
Subtracts 8 from Might
