The son of German immigrants, Taussig was born on July 30, 1850 in New York City.
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Isaac W. Carpenter, Jr. (1893–1983), American businessman and Assistant Secretary of State for Administration
In 1893, facing pressure from the trustees, William Starr Basinger resigned from his position as president at North Georgia Agriculture College (NGAC) and was replaced by Isaac Watts Waddel.