Le Faisceau
The Faisceau had borrowed its name from the Italian Fasci and the National Fascist Party (PNF), and also adopted their paramilitary style - with uniforms, staged ceremonies and parades; it also expressed admiration for Benito Mussolini.Valois — a former anarcho-syndicalist who had converted to Orléanism and joined the Action Française (leaving the group after the World War I) — and the industrialists who financed the party, such as 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.For Valois, it arguably meant a form of producerism, with an economy to be run by the producers (everyone 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, made worse by the commercial failure of Le Nouveau Siècle following the Action Française's attacks.It worked hard to recruit people from the left, with some success: notably, Marcel Delagrange, former French Communist Party (PCF) mayor of Périgueux, and the anarcho-syndicalist (and future Vichy Régime minister) Hubert Lagardelle.