In the Russian 1968 translation of Lang's Algebra (which is done from the Addison-Wesley 1965 edition), this exercise is there on page 126, exactly as quoted in Jonas' answer. It is complemented by two footnotes by the editor of the tranlation.
The footnotes say: "1) We suggest to skip these exercises on the first reading." and "2) It should be pointed out that the term `abstract nonsense' in this book has a positive character and is used below in the serious sense."