Hello, teachers.
Would you help me understand a sentence in the following quote?

Agent and bailiff leaned back in the tonneau of their motor-car, half an hour later, with immense cigars in their mouths and a pleasant, rippling warmth in their veins. They had the sense of having drifted into fairyland. Their philosophy, however, met the situation.
"It's a fair miracle," Mr. Lees declared.
"A modern romance," Mr. Johnson, who read novels, murmured.
(The Great Impersonation, by E. Phillips Oppenheim)

I can't make head or tail of "their philosophy, however, met the situation" part. What does "philosophy" here mean, and what does "met" mean in this context? I appreciate your help very much.