Time flew to mid May.
During this period, an earth shattering event occurred.
On May 14, 1948, just before the end of Britain's mandate, the State of Israel formally declared its establishment.
On May 15, 1948, in the early hours, Egypt, Iraq, Jordan, Syria, and Lebanon simultaneously declared war on Israel and launched an attack.
The first Arab Israeli War broke out.
Giannini received the news shortly after 3 a.m. When he got the call from his subordinate and heard that a war had officially broken out in the Middle East, he was startled.
"Hardy was right after all. If that's the case, Hardy might have bet correctly. If Johnson gets re-elected, we might have to reconsider Hardy's position within the consortium."
...