A file of correspondence and memoranda concerning the use of the Cairo propaganda fund to make payments to two agents who were being unofficially operated by British diplomats in Egypt. The documents record the displeasure of the Foreign Office at this irregular arrangement, and a discussion of whether it should be brought to an end, with the value of the information they produced being weighed against the risks of continuing to employ them. The file also contains financial correspondence covering the transfer of money to the propaganda fund, and the annual expenditure from it.