Wallace was born in Church Hill, Maryland to William David Wallace and Lyda Potts Wallace. He was educated in Chestertown, Maryland at a middle and upper school which eventually became Washington College. After graduating from Washington College in 1917, he joined the US Army, eventually becoming a sergeant with the 836 Aero Squadron. During his one year of active duty, until the end of WWI, he implemented an intramural sport program to heighten morale between platoons. He was awarded a medal by Queen Mary in Westminster Cathedral for these actions and said years later, "It was the longest mile I’ve ever walked."\n', '

After the war, he was recruited by the Philadelphia Phillies and played one season as shortstop. From 1920-1924 he managed minor league baseball teams until becoming Director of Athletics at The St. Luke\'s School for Boys for boys in Wayne, Pennsylvania, a Philadelphia suburb. During the Summer of 1923, he attended the summer program in Education at the University of Michigan at Ann Arbor and in 1927, he joined the Staff at the Haverford School for Boys. It was here that he remained the Athletic Director and a master of Math and History for the upper grades for 36 years.\n', '

He was on the Vestry of the Bryn Mawr Presbyterian Church for many years and a football linesman referee for five Army/Navy games. A story teller with a sense of humor he was a guest speaker at many athletic events. He was the Director of two summer camps for boys in Maine during WWII; Camp Allagash and Camp Caribou.\n', '

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