Wallace Graham was born on October 9, 1910, in Highland, Kansas. After completing Medical School at Creighton University School of Medicine in 1936, he was commissioned a 2d Lt in the Medical Corps of the U.S. Army Reserve on June 4, 1936, and was called to active duty as a Surgeon on April 14, 1941. Graham served with the Station Hospital for the 53rd Field Artillery Battalion from April to August 1941, and then served with the 80th Field Artillery Battalion from August 1941 to May 1942. His next assignment was with the 6th Artillery Division from May to August 1942, followed by service as Executive Officer of the 9th Evacuation Hospital from August 1942 to January 1943. During this period, Col Graham participated in Operation Torch, the Invasion of North Africa. He served with 2nd Army from January to July 1943, and then was Chief of Surgical Service for the 24th Evacuation Hospital, first in England, then throughout the invasion of Europe, and finally on occupation duty in Germany, from July 1943 to July 1945. During this time, Col Graham went ashore at Easy Red Omaha Beach at Normandy on June 10, 1944, and later parachuted into Holland for Operation Market Garden on September 17, 1944. After serving for a short time with the 97th Evacuation Hospital, Col Graham returned to the U.S. in late July 1945. His next assignment was as Personal Physician to the President of the United States, Harry S. Truman, from September 1945 to February 1953. During this time, Gen Graham transferred from the U.S. Army to the U.S. Air Force, and he then went into the Air Force Reserve on February 24, 1953. While in the reserves, he served as Consultant to the Surgeon General from February 1953 to March 31, 1965, and retired from the U.S. Air Force Reserve on October 9, 1970. Wallace Graham died on January 4, 1996.

His 1st (of 2) Bronze Star Medal Citation reads:

For meritorious service in direct support of combat operations from 12 Jun 44 to 8 May 45, in France, Belgium, Holland and Germany.