▁ 1 9 2 4 — ret ro act ively ▁awarded ▁Olympic ▁status — that ▁ice ▁speed ▁sk ating ▁reached ▁the ▁Olympic ▁programme . ▁Charles ▁Jew t raw ▁from ▁Lake ▁P lac id , ▁New ▁York , ▁won ▁the ▁first ▁Olympic ▁gold ▁medal , ▁though ▁several ▁Norweg ians ▁in ▁attend ance ▁claimed ▁O sk ar ▁O ls en ▁had ▁clock ed ▁a ▁better ▁time . ▁Tim ing ▁issues ▁on ▁the ▁ 5 0 0 ▁were ▁a ▁problem ▁within ▁the ▁sport ▁until ▁electronic ▁clock s ▁arrived ▁in ▁the ▁ 1 9 6 0 s ; ▁during ▁the ▁ 1 9 3 6 ▁Olympic ▁ 5 0 0 – met re ▁race , ▁it ▁was ▁suggested ▁that ▁I var ▁Ball ang r ud ' s ▁ 5 0 0 - met re ▁time ▁was ▁almost ▁a ▁second ▁too ▁good . ▁Finland ▁won ▁the ▁remaining ▁four ▁gold ▁med als ▁at ▁the ▁ 1 9 2 4 ▁Games , ▁with ▁Cl as ▁Th un berg ▁winning ▁ 1 , 5 0 0 ▁metres , ▁ 5 , 0 0 0 ▁metres , ▁and ▁all round . ▁It ▁was ▁the ▁first ▁and ▁only ▁time ▁an ▁all round ▁Olympic ▁gold ▁medal ▁has ▁been ▁awarded ▁in ▁speed ▁sk ating . ▁Speed ▁Sk ating ▁is ▁also ▁a ▁sport ▁in ▁today ' s ▁Olympics . ▁ ▁Norwegian ▁and ▁Finn ish ▁sk aters ▁won ▁all ▁the ▁gold ▁med als ▁in ▁world ▁champion ships ▁between ▁the ▁world ▁wars , ▁with ▁Lat vi ans ▁and ▁Aust ri ans ▁visit ing ▁the ▁pod ium ▁in ▁the