Thank you for the info. This hatchet does not have a stamp or makers mark.
Absence of a maker's mark does not automatically indicate that a tool is inferior but it does strongly imply that something is 'not up to established maker standard'. Wal-Mart, for instance, can negotiate an order of 100,000 axes with Council Tools by overlooking rigid specs for steel and for finishing in exchange for 1/2 price wholesale goods. Council (or any small enterprise) is not going to turn away profitable (continuous, for sure) work and will happily oblige but (in good conscience) will not stamp their name on those products. And Wal-Mart certainly couldn't care about integrity or durability of these beyond 30 days of a sale.
The Swedes and Germans were desperate for sales in the 1950s-60s and allowed others to market their products. In those situations first class tools were sold cheaply by brokers, and near as I can tell many of the Makers did proudly stamp (cryptically in many cases) their products anyway.