What is the racial composition of a hobbit?

What colour are hobbits, do you suppose? When I read J.R.R. Tolkien’s book, as a child, I gathered that they were very short, hirsute, quite swarthy and fairly stupid — so probably Portuguese, or at a pinch Galician. They didn’t seem to be, from the descriptions of their behaviour and living arrangements, quite — you know — white. Nearly white, maybe, but not quite. Proper white people, I thought, are taller than hobbits, less hysterical and tend not to live underground. But this was back in the days before I had heard of John Bercow. Also, proper white people had electricity, cars and supermarkets. One’s views change markedly over the years. Back then, I assumed that hobbits were Latins, or perhaps even Romanian, a Slavic-Latin mélange. There is something grim and Slavic about a hobbit, in my opinion, and it is easy to imagine Middle Earth as being a bit like Moldova.