No institution played a more important role in the development of Modernism than the literary magazine. These modest periodicals were published on both sides of the Atlantic. In England, Eliot founded the Criterion (later called The New Criterion) in 1922. The first issue featured Eliots celebrated poem The Waste Land. In the United States, the premier literary magazine was The Dial. During the 1920s, it published the work of Eliot, W. B. Yeats, Ezra Pound, and D. H. Lawrence. Another important journal, The Egoist, serialized A Portrait of the Artist as a Young Man, James Joyces first major work, in 1914 to 1915.
These literary magazines were grandchildren of eighteenth century
periodicals such as Joseph Addisons The Spectator. Instead of focusing on manners and social observations, however Modernist periodicals dedicated themselves to promoting new trends in art. The profound impact of Eliots work would perhaps not have been as great if it had no found a home in such journals.