1948 London Olympics

This summer's London Olympics has a $16 billion price tag, lavish new venues, and a revitalized East

End. Compare that with London's 1948 "Austerity Games"--which featured bombed-out buildings, rubble, and a shoestring budget. -- By Andrew Dubbins, Yahoo! Sports

Brundage

The Olympic flag is hoisted by quartermaster Richardson C. Bang, left, on the liner America in New York City, July 14, 1948. The ship is sailing for London, England, with 260 athletes and 44 coaches of the United States Olympic teams for the Summer Olympic Games. Capt. John W. Anderson of the America, center, and Avery Brundage, second from right, President of the U.S. Olympic Committee, assist in the proceedings. Note the five interlocked rings are vertical on the white flag. (AP Photo)

Olympics

In this photo taken Tuesday, March 27, 2012, a copy of a programme collected by London 1948 British Olympian Dorothy Tyler is seen during an interview with The Associated Press at her home in South Croydon, south London. Athletes bought their own uniforms, and some their own food. They stayed in private homes, schools and military barracks. If eggs appeared on the training menu, it was a cause for celebration. When London hosted the Olympics in 1948, organizers did it on the cheap, and they made no apologies about it. (AP Photo/Sang Tan)

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Olympic torch bearer lights the "Liohnos", sacred vase, in which the flame will be preserved, in the Public Square, Corfu, July 18, 1948, and wil then be taken to the British frigate HMS Whitesand Bay to be transported to Bari, Italy. The flame is due at Wembley Stadium, in London, for the opening ceremony of the XIV Summer Olympic Games on July 29. (AP Photo)

Olymics

The Olympic torch from Olympia, Greece, passed through Milan, Italy on July 23, 1948, on the way to London, United Kingdom, for the opening of the XIV Olympiad. In this image, a lieutenant of the Italian army, torch in hand, is crossing Milan's famous Piazza Del Duomo. The cathedral is seen in the background. (AP Photo)

Olymics

Olympic athletes mass in the infield of Wembley Stadium in London, July 29, 1948, for the opening day ceremonies of the 1948 Olympiad. Members of the Portugal team parade around the track, foreground, before taking their places in the infield. (AP Photo)

1948 Olympics Opening Ceremony

Jul 1948: The Olympic Torch is presented at the 1948 Summer Olympic Games at Wembley Stadium in London, England. Mandatory Credit: Allsport/Allsport

Olymics

Members of the Canadian Olympic team march past the stand at Wembley Stadium in London, July 29, 1948, during opening ceremonies for the Summer Olympics. (AP Photo)

Olymics

Ralph Craig, center, of Albany, N.Y., who won the 100- and 200-meter dashes in the 1912 Olympic games in Stockholm, and is a member of the U.S. Olympic Yachting team in the 1948 games, bears the American flag in the parade of the nations at the opening of the Olympic games in London's Wembley Stadium, July 29, 1948. (AP Photo)

3

Mel Patton, left, anchor man of the U.S. men's 4 x 100-meter relay team, crosses the finish line well ahead of Britain's Jack Archer, during the Summer Olympics at Wembley Stadium, in London Aug. 7, 1948. Olympic judges disqualified the U.S. team on the grounds that their first exchange of the baton was not made within the 20-meter zone, but reversed their decision three days later giving the U.S. the gold medal and Britain the silver.(AP Photo)

USA Win the Eights at Henley-On-Thames

The U.S. Summer Olympic rowing team (extreme far left) is seen winning their sixth successive victory in the eighths at Henley-On-Thames August 9, 1948 in 5 minutes, 56.7 seconds. The Americans were represented by a California University crew. Britain, represented by a Cambridge University crew were second and a Norwegian crew third. The U.S. is seen leading from Great Britain and Norway (right). Summer Olympic Games, London, England 1948. (AP Photo/stf)

4

A tackle by centre half Eric Lee of Great Britain, right, on centre forward Appel of Holland, during the Olympic Games Football competition at Highbury Stadium London, July 31, 1948. Great Britain won the match 4-3 after extra time. (AP Photo)

Reg Harris

Reg Harris, British world amateur sprint cyclist champion, seen on his racing machine, on the Olympic cycling tracks at Herne Hill Velodrome in London, United Kingdom, on August 4, 1948. Harris was later dropped from the British Olympic team by the organizing committee of the national cyclists' union for refusing to train at the Olympic quarters. He complained of conditions at the camp and returned to his home in Manchester. He stated that he had been invited to attend a meeting of the national cyclists' union committee to explain his case at night. (AP Photo/John Rider-Rider)

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Competitors in the men's Olympic Games 3,000-metres Steeplechase Final, at Wembley Stadium, London, Aug. 5, 1948, jump over the water jump. From left to right; Erik Elmsater of Sweden, number 355; Thore Sjoestrand of Sweden, number 357, centre rear; M. Chesneau of France, number 347; Alex Guyodo of France, number 348. (AP Photo)

Joseph de Pietro

US athlete Joseph "Joe" de Pietro, lifts 105 kilogram to win the gold medal at the Bantamweight weightlifting competition of the Summer Olympic Games on August 9, 1948 at Empress Hall in London, United Kingdom. (AP Photo)

Olymics

This overhead view of the 200-meter dash finish line shows how American Mel Patton (71) of Southern Calif., nosed out teammate H. Norwood "Barney" Ewell (70) of Lancaster, Pa., by a half-stride in the Summer Olympics, August 3, 1948. Left to right are: Leslie Laing (50) of Jamaica, Cliff Bourland (91) of Los Angeles, Ewell, Lloyd LaBeach (57) of Panama, who finished third, Patton, and Herb McKenley (90) of Jamaica. Both Patton and Ewell were clocked in 21.1 secs. for the event in Wembley Stadium, London.(AP Photo)

Olymics

FILE - This July 27, 1948 file photo shows Sammy Lee, member of the United States Olympic Diving Team, diving from the top of the diving tower during training at the Empire Pool in Wembley, London, England. Lee remembers the London 1948 Olympics vividly: the food rationing, the bombed-out buildings, the rubble. London was hosting the Olympics amid severe austerity conditions in the aftermath of World War II. The 2012 Olympics will showcase a much different London and a much different event from the 1948 "Austerity Games" held on a shoestring budget: This will be a $16 billion extravaganza featuring multimillionaire professionals, shiny new purpose-built venues and a revitalized East End. Britain's biggest peacetime project also comes with a massive security operation. (AP Photo/File)

Olymics

Australia's Jack Winters jumps in the men's Olympic Games High Jump competition, at Wembley Stadium, London, July 30, 1948. He qualified for the next round of the competition. (AP Photo)

Olymics

America's "Llanoria", right, and Britain's "Johan", second right, at the start of the Olympic Games 6-metre yacht race, at Torbay, England, Aug. 3, 1948. (AP Photo)

Olymics

An Italian representative protests from the side of the track over the elimination of France's Louis Chevalier, left, from heat two of the men's 10,000-metres Olympic Games Walk at Wembley Stadium, London, Aug. 3, 1948, after officials had requested his retirement. Several competitors were removed for infringement of the rules of walking. (AP Photo)

Olga Gyarmati

Olga Gyarmati of Hungary, seen here at the qualifying trial, won the final of the women's long jump Olympic Summer Games event with 5.695 meters (18 ft eight and one inches) at Wembley Stadium, London, United Kingdom on August 4, 1948. (AP Photo)

Olymics

This Aug. 4, 1948 file photo shows Fanny Blankers-Koen, of Netherlands, crossing the finish line of the 80-meter hurdle final of the 1948 Olympic Games at Wembley Stadium in London. Blankers-Koen, who was one of the biggest stars of the 1948 London Olympics, was originally left off a new map of the London Underground dedicated to past Olympians, prompting criticism from her homeland. But on Wednesday, April 4, 2012, the track star known as the "Flying Housewife" was added to the list for future prints. (AP Photo/File)

Olymics

Italy's Aldo Ghira, centre with ball, scores during the men's Olympic Games Water Polo competition against Holland, at the Empire Pool, Wembley, London, Aug. 7, 1948. Italy won the match 4-2 and won the Olympic title. (AP Photo)

Olymics

Series of pictures from the official Olympic Games film shows the hand-over between Barney Ewell to Lorenzo Wright in the men's Olympic Games 4 x 100metres Relay Final, at Wembley Stadium, London, Aug. 7, 1948. After studying the film the International Amateur Athletics Federation jury overturned the disqualification and awarded the gold medal to the USA. (AP Photo)

Olymics

Bob Mathias, right, is shown during the Olympic decathlon in London, Aug. 7, 1948. At left is Oto Rebula of Yugoslavia and at center is Orn Clausen of Iceland. (AP Photo)

Olymics

The crew of Denmark's boat receive their Olympic Games Coxed Four Rowing bronze medals, at a landing stage, at Henley-on-Thames, England, Aug. 9, 1948. Olympic President Johannes Sigfrid Edstroem is seen presenting the medals. All others are unidentified. (AP Photo)

Olympics

Captain of the United States basketball team J.B.Renick, number 55, left jumping, scores in the Olympic Games match against Switzerland, at Harringay Arena, London, July 30, 1948. From left to right; Renick; Wallace C. Jones, USA; Marc Bossy, Switzerland; unidentified player. America won the match by 86 points to 21. (AP Photo)

OSTERMEYER

Micheline Ostermeyer of France winds up to throw the discus during the XIV Summer Olympic Games in the women's discus meet at Wembly Stadium in London, England on July 31, 1948. (AP Photo)

Olympics

Bob Mathias, Tulare High School, Tulare, Calif., clears the bar in the high jump event of the final Olympic decathlon tryouts in Bloomfield, N.J., June 26, 1948. The west coast sensation was third with 3,833 points at the completion of half of the decathlon's ten events. (AP Photo/John Lindsay)

Olympics

Norway's Erling Kaas seen jumping during the men's Olympic Games Pole Vault Final, at Wembley Stadium, London, Aug. 2, 1948. Kaas finished fourth. (AP Photo)

Olympics

First day of the Olympic Games sailing races, shows yachts from France preparing to put to sea, in Torquay Harbour, England, Aug. 3, 1948. (AP Photo)

Olympics

America's Anne Curtis, left, with Karen Harup of Denmark after they had finished the women's Olympic Games 400-metres Freestyle Final at the Empire Pool, Wembley, London, Aug. 7, 1948. Curtis won the race , with Harup taking second place. The first five in the race all beat the Olympic Record time that had been set in 1936. (AP Photo)

Olympics

America's Harrison Dillard, second left, hands over the baton to Melvin Patton, third left, for the final leg of the men's Olympic Games 4 x 100metres Relay Final at Wembley Stadium, London, Aug. 7, 1948, to win the race. Britain's John Archer, second right, came in second. The American team were disqualified for a wrong baton change. (AP Photo)

Olympics

Australia's R. Gower, right, and L. Zapata Martinez of Spain during their men's Olympic Games Flyweight Boxing bout at the Empire Pool, Wembley, London, Aug. 10, 1948. Martinez won the bout on a points decision. (AP Photo)

Cissie Davies

Cissie Davies of Great Britain on the balancing bar, during the Summer Olympic Games gymnastics event (transferred from the Wembley Stadium) at the Empress Hall, Earl's Court in London, United Kingdom on August 12, 1948. Eleven countries have entered the women's team competition. The competition is carried out on similar lines to the men's and comprises voluntary and compulsory exercises on swinging ring and beam, and springboard vaults over the pommel-horse. (AP Photo)

Olympics

Britain's Sir Frederick Wells, Lord Mayor of London, right on podium holds the Olympic Flag, whilst Sigfrid J. Edstroem, President of the International Committee, obscured by flag, closes the XIV Olympic Games at Wembley Stadium, London, Aug. 14, 1948. Standing right of podium is Lord Burghley, Chairman of the organising committee of the London Olympics. Royal State Trumpeters wait to play a fanfare, left. (AP Photo)

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Belgium's Gaston Reiff wins the men's 5,000-metres Olympic Games Final at Wembley Stadium, London, Aug. 2, 1948. Czechoslovakia's Emil Zatopek finishes in second place, left. (AP Photo)