1948 Summer Olympics 1908, forty years earlier. The Olympics would again return to London 64 years later in 2012, making London the first city to have hosted the games three times, and the only such city until Paris and Los Angeles host their third games in 2024 and 2028, respectively. The 1948 Olympic Games were the first of two summer Olympic Games held under the IOC presidency of Sigfrid Edström. The event came to be known as the Austerity Games, because of the difficult economic climate and rationing imposed in the aftermath of World War II. No new venues were built for the
Olympic Games ceremony Committee makes a speech. The IOC President then makes a speech before closing the Olympics by saying:"And now, in accordance with tradition, I declare the Games of the [ordinal number of Summer Olympics] Olympiad/[ordinal number of Winter Olympics] Olympic Winter Games closed; and call upon the youth of the world to assemble four years from now in [name of next host city] to celebrate the Games of the [subsequent ordinal number of Summer Olympics] Olympiad/[subsequent ordinal number of Winter Olympics] Olympic Winter Games". Finally, the Olympic flame is extinguished, marking the end of the Games. Olympic Games ceremony Olympic Games