https://www.va.gov/opa/vetsday/vetdayhistory.asp
World War I – known at the time as “The Great War” – officially ended when the Treaty of Versailles was signed on June 28, 1919, in the Palace of Versailles outside the town of Versailles, France. However, fighting ceased seven months earlier when an armistice, or temporary cessation of hostilities, between the Allied nations and Germany went into effect on the eleventh hour of the eleventh day of the eleventh month. For that reason, November 11, 1918, is generally regarded as the end of “the war to end all wars.”
“An Act making the 11th day of November in each year a legal
holiday”‘, approved May 13, 1938 (52 Stat. 351; 5 U. S. C , sec. 87a),
is hereby amended by striking out the word “Armistice” and inserting
in lieu thereof the word “Veterans”.
Approved June 1, 1954.^

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