I found some great information on the History of Veterans day.
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The information here comes from: http://www.history.army.mil/html/reference/holidays/vetsday/vetshist.html
You can see it's content below. It more concisely breaks down the history.
1918
World War I, then normally referred to simply as The Great War (no one could imagine any war being greater!), ended with the implementation of an armistice [temporary cessation of hostilities-in this case until the final peace treaty, the infamous Treaty of Versailles, was signed in 1919] between the Allies and Germany at the eleventh hour of the eleventh day of November, 1918.
1919
November 11: President Wilson proclaims the first Armistice Day with the following words: "To us in America, the reflections of armistice Day will be filled with solemn pride in the heroism of those who died in the country's service and with gratitude for the victory, both because of the thing from which it has freed us and because of the opportunity it has given America to show her sympathy with peace and justice in the councils of the nations." The original concept for the celebration was for the suspension of business for a two minute period beginning at 11 A.M., with the day also marked by parades and public mettings.
1920
On the second anniversary of the armistice, France and the United Kingdom hold ceremonies honoring their unknown dead from the war. In America, at the suggestion of church groups, President Wilson names the Sunday nearest Armistice Day Sunday, on which should be held services in the interest of international peace.
1921
Congress passes legislation approving the establishment of a Tomb of the Unknown Soldier in Arlington National Cemetery. November 11 is chosen for the date of the ceremony. According on October 20, Congress declares November 11, 1921 a legal Federal holiday to honor all those who participated in the war. The ceremony was conducted with great success.
1926
Congress adopts a resolution directing the President to issue an annual proclamation calling on the observance of Armistice Day. Throughout the 1920s and 1930s, most states establish November 11 as a legal holiday and at the Federal level, an annual proclamation is issued by the President.
1938
Congress passes legislation on May 13 making November 11 a legal Federal holiday, Armistice Day. The United States has no 'actual' national holidays because the states retain the right to designate their own holidays. The Federal government can in fact only designate holidays for Federal employees and for the District of Columbia. But in practice the states almost always follow the Federal lead in designation of holidays.
1941- 1945
1950- 1953
World War II and the Korean War create millions of additional war veterans in addition to those of the First World War already honored by Armistice Day.
1954
On June 1, President Eisenhower signs legislation changing the name of the legal holiday from Armistice Day to Veteran's Day.
1968
Congress passes the Monday Holiday Law which established the fourth Monday in October as the new date for the observance of Veteran's Day. The law is to take effect in 1971.
1971-1975
The Federal observance of Veterans Day is held on the fourth Monday of October. Initially all states follow suit except Mississippi and South Dakota. Other states changed their observances back to November 11 as follows: 1972- Louisiana and Wisconsin; 1974- Kentucky, Arkansas, Connecticut, Georgia, Maine, South Carolina, West Virginia; 1975- California, Florida, Idaho, Illinois, Iowa, Kansas, Missouri, Montana, Nebraska, New Hampshire, Oklahoma, Oregon, South Carolina, Utah, West Virginia, Wyoming
1975
Legislation passed to return the Federal observance of Veteran's Day to November 11, based on popular support throughout the nation. Since the change to the fourth Monday in October, 46 states had either continued to commemorate November 11 or had reverted back to the original date based on popular sentiment. The law was to take effect in 1978.
1978
Veteran's Day observance reverts to November 11.
The info below comes directly from The Department of
Veterans Affairs and can be found here: http://www1.va.gov/opa/vetsday/vetdayhistory.asp
History of Veterans Day
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.”
Soldiers of the 353rd Infantry near a church at Stenay, Meuse in France, wait for the end of hostilities. This photo was taken at 10:58 a.m., on November 11, 1918, two minutes before the armistice ending World War I went into effect
In November 1919, President Wilson proclaimed November 11 as the first commemoration of Armistice Day with the following words: "To us in America, the reflections of Armistice Day will be filled with solemn pride in the heroism of those who died in the country’s service and with gratitude for the victory, both because of the thing from which it has freed us and because of the opportunity it has given America to show her sympathy with peace and justice in the councils of the nations…"
The original concept for the celebration was for a day observed with parades and public meetings and a brief suspension of business beginning at 11:00 a.m.
The United States Congress officially recognized the end of World War I when it passed a concurrent resolution on June 4, 1926, with these words:
Whereas the 11th of November 1918, marked the cessation of the most destructive, sanguinary, and far reaching war in human annals and the resumption by the people of the United States of peaceful relations with other nations, which we hope may never again be severed, andWhereas it is fitting that the recurring anniversary of this date should be commemorated with thanksgiving and prayer and exercises designed to perpetuate peace through good will and mutual understanding between nations; andWhereas the legislatures of twenty-seven of our States have already declared November 11 to be a legal holiday: Therefore be it Resolved by the Senate (the House of Representatives concurring), that the President of the United States is requested to issue a proclamation calling upon the officials to display the flag of the United States on all Government buildings on November 11 and inviting the people of the United States to observe the day in schools and churches, or other suitable places, with appropriate ceremonies of friendly relations with all other peoples.
An Act (52 Stat. 351; 5 U. S. Code, Sec. 87a) approved May 13, 1938, made the 11th of November in each year a legal holiday—a day to be dedicated to the cause of world peace and to be thereafter celebrated and known as "Armistice Day." Armistice Day was primarily a day set aside to honor veterans of World War I, but in 1954, after World War II had required the greatest mobilization of soldiers, sailors, Marines and airmen in the Nation’s history; after American forces had fought aggression in Korea, the 83rd Congress, at the urging of the veterans service organizations, amended the Act of 1938 by striking out the word "Armistice" and inserting in its place the word "Veterans." With the approval of this legislation (Public Law 380) on June 1, 1954, November 11th became a day to honor American veterans of all wars.
Later that same year, on October 8th, President Dwight D. Eisenhower issued the first "Veterans Day Proclamation" which stated: "In order to insure proper and widespread observance of this anniversary, all veterans, all veterans' organizations, and the entire citizenry will wish to join hands in the common purpose. Toward this end, I am designating the Administrator of Veterans' Affairs as Chairman of a Veterans Day National Committee, which shall include such other persons as the Chairman may select, and which will coordinate at the national level necessary planning for the observance. I am also requesting the heads of all departments and agencies of the Executive branch of the Government to assist the National Committee in every way possible."
President Eisenhower signing HR7786, changing Armistice Day to Veterans Day. From left: Alvin J. King, Wayne Richards, Arthur J. Connell, John T. Nation, Edward Rees, Richard L. Trombla, Howard W. Watts
On that same day, President Eisenhower sent a letter to the Honorable Harvey V. Higley, Administrator of Veterans' Affairs (VA), designating him as Chairman of the Veterans Day National Committee.
In 1958, the White House advised VA's General Counsel that the 1954 designation of the VA Administrator as Chairman of the Veterans Day National Committee applied to all subsequent VA Administrators. Since March 1989 when VA was elevated to a cabinet level department, the Secretary of Veterans Affairs has served as the committee's chairman.
The Uniform Holiday Bill (Public Law 90-363 (82 Stat. 250)) was signed on June 28, 1968, and was intended to ensure three-day weekends for Federal employees by celebrating four national holidays on Mondays: Washington's Birthday, Memorial Day, Veterans Day, and Columbus Day. It was thought that these extended weekends would encourage travel, recreational and cultural activities and stimulate greater industrial and commercial production. Many states did not agree with this decision and continued to celebrate the holidays on their original dates.
The first Veterans Day under the new law was observed with much confusion on October 25, 1971. It was quite apparent that the commemoration of this day was a matter of historic and patriotic significance to a great number of our citizens, and so on September 20th, 1975, President Gerald R. Ford signed Public Law 94-97 (89 Stat. 479), which returned the annual observance of Veterans Day to its original date of November 11, beginning in 1978. This action supported the desires of the overwhelming majority of state legislatures, all major veterans service organizations and the American people.
Veterans Day continues to be observed on November 11, regardless of what day of the week on which it falls. The restoration of the observance of Veterans Day to November 11 not only preserves the historical significance of the date, but helps focus attention on the important purpose of Veterans Day: A celebration to honor America's veterans for their patriotism, love of country, and willingness to serve and sacrifice for the common good.
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