Text on the axe? [resuelto]

I was just curious and wondered what text is at the top of the axe. I can see that the bottom text reads “petain”, but I can only make out something like “parc” at the top. Anyone know?

 It says on that page 

S PACIS 

Iustis spes pacis in armis 

[Iustis] spes pacis [in armis] 

spe-s paci-s 

 Around the circular handle is the abbreviated SPES PACIS lettering, 

and from the front only S PACI visible, with the rest round the back. 

 [Something like that] 

 Translation 

 I own a token [jeton] with that lettering on 

N#57187 [made around 1647] 

Hello

The expression "Iustis spes pacis in armis" is a (perhaps less belligerent) paraphrase of the classic Roman expression: "si vis pacem, para bellum" ("if you want peace, prepare for war") written by the Roman writer and (military?) thinker Publius Flavius Vegetius in the 4th century AD.

A phrase that - unfortunately - has become very relevant again in recent times!

Regards