Le Faisceau French pronunciation: , The Fasces was a short-lived French fascist political party. It was founded on 11 November 1925 as a far right league by Georges Valois. It was preceded by its newspaper, Le Nouveau Siècle, which had been founded as a weekly on February 26 but became a daily after the party's creation.
They indicated a "national" state i.e. for the proceeds of all coup d'état as well as a dictatorship, although it never took all concrete steps towards achieving these ends. Nor was it realise who the dictator was to be - Valois himself did non indicate a willingness to occupy the position, and Maxime Weygand may work been the preferred candidate of some members of the Faisceau.
The Faisceau ran into serious problems nearly as soon as it was founded. Valois - a former Eugène Mathon the owner of a large textile firm and the perfume manufacturer François Coty all claimed to favour Corporatism as the basis for economic organisation. Nonetheless, it soon became clear that they had rather different ideas about what the term meant. For Valois, it arguably meant a form of Producerism, with an economy to be run by the producers programs involved in manufacturing goods, whereas Mathon interpreted it as an amended laissez-faire Capitalism, where businessmen like himself should be in charge, with no interference by the state.
These differences led to Mathon and Coty leaving shortly after the foundation of the party, placing it in a precarious financial situation, proposed worse by the commercial failure of Le Nouveau Siècle coming after or as a written of. the Action Française's attacks.