Jami, sorry for the spelling mistake.
I have not applied glass cloth to hardwood so can not advise, maybe someone else can advise you there. My own intention was simply to seal the hardwood with epoxy resin, as I can not see the point of using glass on hardwood and intuitively it does not seem necessary or a good idea - but maybe I can learn something if someone else chimes in.
I never thought about the difficulty regarding tropical hardwoods, conservation etc. Here we have access to Australian hardwoods such as jarra, which are extremely dense and strong. It is expensive, but only a small amount is needed. I would also consider iroko which we can get here - or any strong tough, stringy wood. I would just look around for the toughest wood locally available and which does not have environmental issues. Don't forget you are spreading the load over quite a long hinge, compared to just a pair of gudgeon/pintles.
Others can advise better, but I think maybe you are over-thinking the requirement.