This essay presents a historical review of the poetic production in Venezuela in the 30's and 40's. It reviews the role that "Viernes," a poetic group, had in developing the modern literary movements in Venezuelan literature. The impact that several members of the group had while in and then later after their departure from the group is examined. Equally, the poetic influences inherited by the group, both national and international, are discussed. Finally, the essay deals with the dissolution of the group and its impact in the literature of Venezuela and Latin America after World War II.