Suez Crisis led to a withdrawal. U.S. President Dwight D. Eisenhower had strongly warned Britain not to invade; he threatened serious damage to the British financial system by selling the US government's pound sterling bonds. Historians conclude the crisis "signified the end of Great Britain's role as one of the world's major powers". The Suez Canal was closed from October 1956 until March 1957. Israel fulfilled some of its objectives, such as attaining freedom of navigation through the Straits of Tiran, which Egypt had blocked to Israeli shipping since 1950. As a result of the conflict, the United Nations created the UNEF
The Crisis to sell subscriptions to the magazine, "The Crisis". In its first year, the journal had a monthly circulation of 1,000. Ten years later, by 1918, it had more than 100,000 readers. It also grew in size, beginning at 20 pages and rising to as many as 68 pages; and in price, beginning at 10 cents per issue and later increasing to 15 cents. "The Crisis" would go on to become incredibly influential during the 1910s and 1920s and would take a large role in the Harlem Renaissance literature movement. While the magazine was originally intended to be much more of