This, this is a distraction, but an enjoyable one. I was asked in the comments what I thought about this product of the US mint from 1916 to 1945, specifically the reverse.
The image of fasces with and without axes has a LONG tradition in the official sanctioned art of the United States certainly going back to portraits of Washington. Houdon portrays Washington as a sort of second Cinncinnatus:
and the representation became highly influential, see esp. Ward’s Washington:
These are without axes. The Civil War memorials tend to juxtapose axed and axeless fasces in near proximity. Lincoln in his temple rests his hand on axeless fasces, but the tripods flanking the steps sit atop axed fasces:
I read the dime as a ‘Liberty must be Defended’ ideology inspired by the memorialization of the War between the states and the new experiences of the Great War.
Many of the drafters of the constitution thought of the US as a (even the) new Republic. We’ve been left with a very Roman legacy. Each generation, in its own way, must come to terms with what that symbolic language means in a new age.
Update 8/24/13: The more I think about the more I want to emphasize the olive branch in relation to the fasces, this seems to me as very similar to the caduceus as a symbol of peace juxtaposed against the fasces on republican coins. Peace and Law and Order beget Liberty? Augustus rather dramatically connected the idea of Liberty and Peace on this issue:
The obverse legend resolves: “Imperator Caesar, Son of a God, Consul for the Fourth Time, Defender of Liberty”.