Section 1. Act Numbered Eleven hundred and eighty-nine, entitled "The Internal Revenue Law of Nineteen hundred and four," as amended, is hereby further amended as follows:
(a) By striking out in section seventy-four, as amended by paragraph (c) of section one of Act Numbered Thirteen hundred and thirty-eight, and paragraph (a) of section one of Act Numbered Fourteen hundred and seventeen, the words "nineteen hundred and seven," and inserting in lieu thereof tin- words "nineteen hundred and eight."
(b) By striking out in section one hundred and seven, as amended by paragraph (f) of section one of Act Numbered Thirteen hundred and thirty-eight, and paragraph (b) of section one of Act Numbered Fourteen hundred and seventeen, the words "nineteen hundred and seven," and inserting in lieu thereof the words "nine-teen hundred and eight."