Note the axe with bundle of sticks around it...
Fasces (laurum de fascibus)
A bundle of rods (often accompanied by an axe, which symbolized power over life-and-death) carried by Roman officials as a symbol of authority. Under the Republic, the consul or praetor when starting on an expedition took his vows on the Capitoline Hill; if acclaimed imperator by his troops he decked his fasces with laurel, and on his return deposited the wreath upon the Capitoline Hill in the place where he had made the vows as a symbol of his successful fulfillment of them.
also....
(fs´z) (KEY) [Lat.,=bundles], ancient Roman symbol of the regal and later the magisterial authority. The fasces were cylindrical bundles of wooden rods, tied tightly together, from which an axe projected; they were borne by guards, called lictors, before praetors, consuls, proconsuls, dictators, and emperors. The fasces, which symbolize unity as well as power, have often been used as emblems, e.g., on the arms of the French republic and on American coins. Italian Fascism derived its name and its emblem from the fasces
.

Fasces (laurum de fascibus)
A bundle of rods (often accompanied by an axe, which symbolized power over life-and-death) carried by Roman officials as a symbol of authority. Under the Republic, the consul or praetor when starting on an expedition took his vows on the Capitoline Hill; if acclaimed imperator by his troops he decked his fasces with laurel, and on his return deposited the wreath upon the Capitoline Hill in the place where he had made the vows as a symbol of his successful fulfillment of them.
also....
(fs´z) (KEY) [Lat.,=bundles], ancient Roman symbol of the regal and later the magisterial authority. The fasces were cylindrical bundles of wooden rods, tied tightly together, from which an axe projected; they were borne by guards, called lictors, before praetors, consuls, proconsuls, dictators, and emperors. The fasces, which symbolize unity as well as power, have often been used as emblems, e.g., on the arms of the French republic and on American coins. Italian Fascism derived its name and its emblem from the fasces
.